Method and System for Monitoring Financial Market Trading Activity to Establish and Track Aggregate Trading Limits Based on Trading Sub-Limits Assigned by Prime Brokers for Particular Trading Entities

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United States of America Patent

APP PUB NO 20110161220A1
SERIAL NO

12914699

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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The present invention relates to systems and methods for monitoring market transaction activity data to determine when a trading entity has exceeded an aggregated limit consisting of one or more trading sub-limits corresponding to one or more custodial prime brokers facilitating trading for the trading entity. The method includes collecting at a centralized hub real time data related to conditions of a trading market from one or more liquidity destinations trading at least one financial article of trade. Trading activity for a trading entity is determined. An aggregate trading limit is determined that is based on one or more trading sub-limits assigned by one or more prime brokers for that trading entity. It is determined when that trading activity exceeds the aggregate trading limit.

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Patent Owner(s)

Patent OwnerAddress
FTEN INC800 THIRD AVENUE TWENTY-THIRD FLOOR NEW YORK NY 10022

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Cole, Lee Arthur Evergreen, US 3 105
Kittelsen, Douglas Guy Evergreen, US 9 238
LaFever, Malcolm Gary Lyons, US 25 2505
Myerson, Ted Nathan Boynton Beach, US 10 662

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