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US 8,620,759 B1Granted
Methods and systems for processing orders
AssigneeConvergex Group, LLC
InventorsJoseph Virgilio, Craig Viani
Life of this patent
Estimating the term…
Abstract
Methods and systems for processing orders are provided. In some embodiments, methods for processing orders are provided, the methods comprising: receiving a user selection of a routing style; receiving a user selection of a post destination; routing at least a portion of an order according to the routing style; and posting at least a portion of the order at the posting destination selected by the user.
Claims40
A method for processing orders in an electronic trading system, comprising:
- receiving, by a hardware processor, a user selection of a size of a security to be traded;
- receiving, by a hardware processor, a user selection of a routing style specifying a manner in which a plurality of routing style orders, each to trade at least a portion of the size of the security, are to be executed;
- receiving, by a hardware processor, a user selection of a post destination to which a posting order for at least a portion of the size of the security is to be posted after the plurality of routing style orders are routed according to the routing style;
- routing, by a hardware processor, the plurality of routing style orders according to the routing style;
- and
- posting, by a hardware processor, the posting order at the posting destination selected by the user.
3 more elements
A system for process orders, comprising:
- at least one processor that:
- receives a user selection of a size of a security to be traded;
- receives a user selection of a routing style specifying a manner in which a plurality of routing style orders, each to trade at least a portion of the size of the security, are to be executed;
- receives a user selection of a post destination to which a posting order for at least a portion of the size of the security is to be posted after the plurality of routing style orders are routed according to the routing style;
- routes the plurality of routing style orders according to the routing style;
- and
- posts the posting order at the posting destination selected by the user.
4 more elements
Dependencies are inferred from the claim text.