System and method for handling a trade between execution and settlement
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United States of America Patent
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N/A
Issued Date -
Jul 1, 2004
app pub date -
Sep 5, 2003
filing date -
Sep 5, 2002
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
The present intention relates to techniques for handling trades, and in particular to a data processing system for handling a trade between execution and settlement of the trade, a trade handling system for handling a trade executed at a trading location, and a data processing system and method for processing trade execution data relating to an executed trade. According to one aspect, the invention provides a data processing system for handling a trade between execution and settlement of the trade, comprising a data input unit for receiving trade execution data relating to an executed trade; a data processing unit adapted to generate settlement instructions for the executed trade based on the trade execution data; and a data output unit for outputting the generated settlement instructions.
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