Invention Grant
- Patent Title: System and method for management and analysis of electronic trade orders
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Application No.: US18065731Application Date: 2022-12-14
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Publication No.: US12073463B2Publication Date: 2024-08-27
- Inventor: Alexander D. Deitz , Sagy Pundak Mintz
- Applicant: Trading Technologies International, Inc.
- Applicant Address: US IL Chicago
- Assignee: Trading Technologies International, Inc.
- Current Assignee: Trading Technologies International, Inc.
- Current Assignee Address: US IL Chicago
- Agency: McDonnell Boehnen Hulbert & Berghoff LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q40/03 ; G06Q40/04 ; G06Q40/06

Abstract:
A system and methods are provided for using order descriptor identifiers in relation to orders being used in trading strategies. According to one example method, when a hedge order is submitted upon detecting a fill of another order, the hedge order includes one or more order descriptor identifiers conveying a purpose of the hedge order to a user. The order descriptor identifiers can be used to search for desired orders and perform more effective order management and post trade analysis.
Public/Granted literature
- US20230110081A1 System and Method for Management and Analysis of Electronic Trade Orders Public/Granted day:2023-04-13
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