Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-05-01
2010-06-22
Karmis, Stefanos (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
07742976
ABSTRACT:
A system and associated methods are provided for smart hedging in an electronic trading environment. According to one example method, a first order for a first tradeable object and a second order for a second tradeable object are placed based on a spread strategy. Upon receiving an indication that a quantity of the first order is filled, the method involves determining if the second order can be used to offset the quantity filled of the first order by determining if a price of the second order would result in achieving a desired spread price defined for the spread strategy. If the price results in the desired price, the second order is used to offset the quantity filled for the first order in an attempt to achieve the desired spread price. Other tools are provided as well.
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Burns Michael J.
Deitz Alexander D.
Herz Eric M.
Mintz Sagy P.
Karmis Stefanos
Lemieux Jessica L
McDonnell Boehnen & Hulbert & Berghoff LLP
Trading Technologies International Inc.
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