System and method for dynamically changing an electronic trade order quantity

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8401959
APP PUB NO 20120203685A1
SERIAL NO

13444993

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A system and methods for dynamically changing a trade order quantity in an electronic trading environment are described herein. According to one example embodiment, an automated trading tool determines if a leaned on quantity of a trading strategy has increased or decreased and if so, dynamically changing a desired order quantity to reflect the change in the leaned on quantity. Dynamically changing an order quantity may be more profitable for a trader as order queue position may be maintained and portion of the desired order quantity may get filled; rather than a trader losing their order queue position and/or taking a chance of not getting any of their order quantity filled.

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Patent Owner(s)

Patent OwnerAddress
TRADING TECHNOLOGIES INTERNATIONAL INC1 SOUTH WACKER DRIVE SUITE 1200 CHICAGO IL 60606

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Burns, Michael J Riverside, US 261 4949
Mintz, Sagy P Lincolnshire, US 72 940
Peterson, Thomas A Chicago, US 11 166

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