System and method for evaluating trade execution

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20070219897A1
SERIAL NO

11374095

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A method and system for evaluating the execution of a trade of n shares from among a total of N shares of a security traded in a selected time period. According to one embodiment, a trader determines a single share price variance of the N shares, determines a correction coefficient for adjusting the single share price variance to represent a multi-share price variance, determines an adjusted variance by multiplying the single share price variance by the correction coefficient, and evaluates trade execution performance based on the adjusted variance.

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Patent Owner(s)

Patent OwnerAddress
SUSQUEHANNA INTERNATIONAL GROUP LLP401 CITY AVENUE SUITE 220 BALA CYNWOOD BALA CYNWYD PA 19004

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Costa, Douglas Link Bala Cynwyd, PA 1 3
Huang, Kai Gladwyne, PA 120 506

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