公开(公告)号：US20180268486A1

公开(公告)日：2018-09-20

申请号：US15985911

申请日：2018-05-22

申请人： Charles Schwab & Co, Inc.

发明人： Bradley J Swearingen ,  David S. Harding ,  Brant C. Lewis ,  Richard Munoz ,  Gregory Scott Mogonye

IPC分类号： G06Q40/04 ,  G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q40/00

摘要： A computerized system (10) and method for integrating trade executions among multiple market participant types is disclosed. The system (10) includes a client system (14) that provides a user interfact (150) for inputting an order for the execution of a trade and a server system (12) in communication with the client system (14). The server system (12) accepts the order for the execution of the trade from the client system (14). The server system (12) then routes the order to a trade execution location (30) of one market participant type selected from among multiple market participant types such as the market participant types of ECNs, market makers and exchanges. The server system (12) has direct and indirect access to the ECNs and the market makers and has indirect access to the exchanges, thereby integrating trade executions among multiple market participant types.