# US 2025/0095014 A1 · Method and system for automated request-for-quote (rfq) services with automated margin optimization > Agents: this data is available as JSON from the patentgrep API and MCP server — see https://patentgrep.com/llms.txt - Number: US 2025/0095014 A1 - Document ID: US20250095014A1 - Status: Published application - Kind: A1 - Application number: 18/813,245 - Filed: 2024-08-23 - Published: 2025-03-20 - Earliest claimed: 2016-04-16 - Assignees: Overbond Ltd. - Applicants: Overbond Ltd. - Inventors: Vuk MAGDELINIC - Web page: https://patentgrep.com/patent/US20250095014A1 ## CPC - G06Q 30/0206: {Price or cost determination based on market factors} - G06F 18/214: Generating training patterns; Bootstrap methods, e.g. bagging or boosting - G06Q 30/0201: Market modelling; Market analysis; Collecting market data - G06Q 40/04: Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange - G06Q 40/06: Asset management; Financial planning or analysis - G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR - G06F: ELECTRIC DIGITAL DATA PROCESSING (computer systems based on specific computational models G06N) ## Abstract A computer system configured for automating trading of at least one financial instrument, the computer system comprising: one or more processor units, and a memory device comprising memory space with computer-executable instructions, wherein the computer-executable instructions configured to at least: receive an order to purchase the least one financial instrument; determine a price confidence score associated with the least one financial instrument; determine a liquidity bid score associated with the least one financial instrument; determine a liquidity ask score associated with the least one financial instrument; determine an execution score associated with the least one financial instrument; and assign the at least one financial instrument to one of a plurality of tiers based on at least one of the price confidence score, liquidity bid score, liquidity ask score and execution score, wherein one of the plurality of tiers includes the at least one financial instrument that is suitable for automated trading and another one of the plurality of tiers includes the at least one financial instrument that is not suitable for automated trading. ## Claims ### Claim 1 A computer system comprising: one or more processor units, and a memory device comprising memory space with computer-executable instructions; a data preparation module comprising computer-executable instructions configured to aggregate raw data and normalize the raw data to generate at least one structured dataset; a pricing module comprising computer-executable instructions configured to determine a first set of features from the at least one structured dataset, the pricing module applying a machine learning architecture to train a set of predictive pricing models to generate an indication in electronic form representing at least one optimal pricing of at least one financial instrument; a margin optimization module comprising computer-executable instructions configured to determine a second set of features from the at least one structured dataset, the margin optimization module applying the architecture machine learning architecture to train a set of predictive models to minimize a transaction margin for the at least one financial instrument based on one of the at least one of the second set of features and at least one optimal pricing of at least one financial instrument; and wherein the one or more processor units, and the memory device are configured to write an indication to the memory space to at least communicate the at least one optimal pricing and the transaction margin of the at least one financial instrument via a communication network and/or generate a visual indicator related to and based at least in part on the generated indication on a graphical user interface. ### Claim 2 (depends on 1) The computer system of claim 1, wherein the raw data comprises financial data associated the at least one financial instrument, wherein the financial data comprises at least one of market spread/price movements, dealer quotations/composite quotes, company credit ratings, macro-market data, industry sector comparables, settlement data, trade reporting data and proprietary data. ### Claim 3 (depends on 2) The computer system of claim 2, wherein when requesting a streaming quote using a streaming model, the financial data comprises a security identifier, and wherein when requesting an invocation quote using an invocation model, the financial data comprises a security identifier, trade size, trade venue, dealers in competition. ### Claim 4 (depends on 3) The computer system of claim 3, wherein the financial data comprises at least one of an indication of whether the quote is broadcast to a plurality of participants or a select participant list, and an indication whether an existing axe is in place for selling. ### Claim 5 (depends on 1) The method of claim 1, wherein one or more processor units extract at least one feature vector set from the at least one structured dataset for input into the machine learning architecture. ### Claim 6 (depends on 4) The computer system of claim 4, wherein the one of the at least one of the second set of features comprises at least one of a bid/ask spread; tenor; number of dealer competitors; and trade size. ### Claim 7 (depends on 4) The method of claim 4, wherein the machine learning architecture comprises a neural network comprising at least one at least one learning algorithm. ### Claim 8 (depends on 7) The computer system of claim 7, wherein the invocation model comprises gradient boosting and incremental learning whilst the streaming model comprises gradient boosting. ### Claim 9 (depends on 1) The computer system of claim 1, wherein the at least one financial instrument is at least one of a bond, a security, a currency, and an ETF. ### Claim 10 A computer system configured for automating trading of at least one financial instrument, the computer system comprising: one or more processor units, and a memory device comprising memory space with computer-executable instructions, wherein the computer-executable instructions configured to at least: receive an order to purchase the least one financial instrument; determine a price confidence score associated with the least one financial instrument; determine a liquidity bid score associated with the least one financial instrument; determine a liquidity ask score associated with the least one financial instrument; determine an execution score associated with the least one financial instrument; and assign the at least one financial instrument to one of a plurality of tiers based on at least one of the price confidence score, liquidity bid score, liquidity ask score and execution score, wherein one of the plurality of tiers includes the at least one financial instrument that is suitable for automated trading and another one of the plurality of tiers includes the at least one financial instrument that is not suitable for automated trading. ### Claim 11 (depends on 10) The computer system of claim 10, wherein the price confidence score is indicative of a degree of confidence that an execution at a current predicted bid or ask price would lead to an optimal outcome, without adjusting for liquidity conditions. ### Claim 12 (depends on 10) The computer system of claim 10, wherein the liquidity bid score is indicative of a degree of confidence that an execution at the current predicted bid price would lead to an optimal outcome, based on bid-side liquidity conditions. ### Claim 13 (depends on 12) The computer system of claim 12, wherein the execution score is indicative of a degree of confidence that an execution at the current predicted bid or ask price would lead to an optimal outcome, derived by taking a dynamically weighted average of the price confidence score and the liquidity scores. ### Claim 14 (depends on 12) The computer system of claim 12, wherein the liquidity ask score is indicative of a degree of confidence that an execution at the current predicted ask price would lead to an optimal outcome, solely based on ask-side liquidity conditions. ### Claim 15 (depends on 12) The computer system of claim 12, wherein the computer-executable instructions configured to at least: initiate an acquisition of raw financial transaction data associated with the at least one financial instrument; pre-process the raw financial transaction data to generate a training dataset and test dataset for training and testing predictive pricing models to output a trained predictive pricing models, and for training and testing confidence models to output a trained confidence models. ### Claim 16 (depends on 15) The computer system of claim 15, wherein the trained predictive pricing model predicts the current predicted bid or ask price. ### Claim 17 (depends on 15) The computer system of claim 15, wherein the trained confidence model determines the price confidence score, liquidity ask score, the liquidity bid score, and the execution score. ### Claim 18 (depends on 17) The computer system of claim 17, wherein settlement-layer data is fed into the trained confidence model to auto-adjust at least one of the price confidence score, liquidity ask score, the liquidity bid score, and the execution score for increased accuracy. ### Claim 19 (depends on 18) The computer system of claim 18, wherein trades are allocated based on at least one of trade size, liquidity, volatility, level of automation and price aggressiveness level. ### Claim 20 (depends on 19) The computer system of claim 19, wherein trades are allocated by an order routing algorithm having instructions executable by the one or more processor units to at least: determine an optimal execution route given current market conditions by analyzing at least one of historical lookback data, current dealer axes, total market capacity and contemporaneous data, and select an optimal dealer to engage for the at least one financial instrument under current market conditions.