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US 2025/0054061 A1Published application
System and method for optimizing execution of trading orders
AssigneeBGC Partners, Inc.
InventorsMatthew W. Claus, James R. Driscoll, James C. Johnson
Life of this patent
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Abstract
A system for processing trading orders comprises an optimizer module operable to receive a first trading order and a second trading order. The optimizer module is further operable to receive market data associated with at least one market center. The optimizer module is further operable to determine whether to transmit the second trading order to the at least one market center prior to transmitting the first trading order to the at least one market center, the determination based at least in part on the market data.
Claims1
A method for processing trading orders, comprising:
- receiving a first trading order;
- receiving a second trading order;
- receiving market data associated with at least one market center;
- and
- determining whether to transmit the second trading order to the at least one market center prior to transmitting the first trading order to the at least one market center, the determination based at least in part on the market data.
2 more elements
Dependencies are inferred from the claim text.