System and method for executing strategy security trading

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8751363
APP PUB NO 20110276459A1
SERIAL NO

13184790

Stats

ATTORNEY / AGENT: (SPONSORED)

Importance

Loading Importance Indicators... loading....

Abstract

See full text

A computer implemented method and system for executing block trades for a security includes steps or devices for receiving a block trade request, at a computer system. The block request includes data representing a quantity of shares of the security to be traded over a period of time. The computer system divides the period of time into a plurality of time bins. A computer system, for the received block trade request, computes, for each time bin, a number of shares to be traded as a trading target based on at least historical trading volumes using predictive analysis. For a first time bin, a computer system generates executable trade orders for a number of shares to be traded that is substantially equal to the trading target for the first time bin. A computer system executes at least a portion of the executable trade orders in a trade forum within each time bin in the future.

Loading the Abstract Image... loading....

First Claim

See full text

Family

Loading Family data... loading....

Patent Owner(s)

Patent OwnerAddress
VIRTU ITG SOFTWARE SOLUTIONS LLC400 CORPORATE POINTE 6TH FLOOR CULVER CITY CA 90230

International Classification(s)

  • [Classification Symbol]
  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bulajic, M Mitch New York, US 4 63
Cushing, David C Lexington, US 4 63
D'Souza, Rohit New York, US 4 63
Kramer, Kenneth White Plains, US 7 81

Cited Art Landscape

Load Citation

Patent Citation Ranking

Forward Cite Landscape

Load Citation