Invention Grant
- Patent Title: Prioritization of trade order processing in electronic trading
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Application No.: US12492536Application Date: 2009-06-26
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Publication No.: US09727913B2Publication Date: 2017-08-08
- Inventor: Alexander V. Foygel , Bharat Mittal
- Applicant: Alexander V. Foygel , Bharat Mittal
- 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

Abstract:
Various systems and methods for trade order processing in an electronic trading environment are provided. According to one or more embodiments, two or more trade orders are currently queued for execution at one or more electronic exchanges and are to be modified at substantially the same time. Each trade order is processed according to a priority based on each order's proximity to a particular market price, for example.
Public/Granted literature
- US20100332367A1 Prioritization of Trade Order Processing in Electronic Trading Public/Granted day:2010-12-30
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