Systems and methods for electronic trade order routing

    公开(公告)号:US12118614B1

    公开(公告)日:2024-10-15

    申请号:US17847055

    申请日:2022-06-22

    申请人: BlackRock, Inc.

    IPC分类号: G06Q40/04 G06F18/2415

    CPC分类号: G06Q40/04 G06F18/2415

    摘要: The present application generally relates to electronic trading systems, and more specifically to systems and methods for electronic trade order routing. Specifically, electronic trade orders may be divided into a first set and a second set. The first set of trade orders are executed with ad hoc execution styles. For the second set, execution style recommendations are generated in a form of a lookup table for the second set of trade orders according to a testing routing strategy. The second set of trade orders are executed with recommended execution styles. A difference between performance metrics among the first set of trade orders and the second set of trade orders is computed. A decision on whether to adopt the recommended execution style is generated based at least in part on the computed difference.

    Systems and methods for electronic trade order routing

    公开(公告)号:US12067619B1

    公开(公告)日:2024-08-20

    申请号:US17847017

    申请日:2022-06-22

    申请人: BlackRock, Inc.

    IPC分类号: G06Q40/04

    CPC分类号: G06Q40/04

    摘要: The present application generally relates to electronic trading systems, and more specifically to systems and methods for electronic trade order routing. A routing algorithm may generate an execution style recommendation for incoming IG corporate orders. For example, the style recommendation may be shown as a new column in the trading application dashboard that suggests a course of action to traders for each order. In one implementation, automatic decision making may occur based on the style recommendation.