Invention Grant
- Patent Title: Systems and methods for implementing a confirmation period
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Application No.: US18514167Application Date: 2023-11-20
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Publication No.: US12243100B2Publication Date: 2025-03-04
- Inventor: Patricia A. Messina
- 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: G06Q40/04
- IPC: G06Q40/04 ; G06Q40/00 ; G06Q40/02 ; G06Q40/06

Abstract:
Systems and methods for implementing a confirmation period are disclosed. An example method includes identifying a market condition associated with a quantity of a tradeable object of a trading strategy, wherein the market condition triggers an adjustment to the trading strategy; initiating a confirmation period in response to the market condition; when a reevaluation of the market condition during the confirmation period indicates that the market condition has ceased, preventing the adjustment to the trading strategy; and when the market condition persists throughout the confirmation period, proceeding with the adjustment to the trading strategy.
Public/Granted literature
- US20240087025A1 Systems and Methods for Implementing a Confirmation Period Public/Granted day:2024-03-14
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