System and method for optimizing execution of trading orders

Details System and method for optimizing execution of trading orders System and method for optimizing execution of trading orders

2011-07-12

2011-07-12

Colbert, Ella (Department: 3694)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S035000, C705S03600T, C705S039000, C705S044000

Reexamination Certificate

active

07979339

ABSTRACT:
A system for processing trading orders comprises an optimizer module operable to receive a first trading order and a second trading order. The optimizer module is further operable to receive market data associated with at least one market center. The optimizer module is further operable to determine whether to transmit the second trading order to the at least one market center prior to transmitting the first trading order to the at least one market center, the determination based at least in part on the market data.

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