Intraday risk management data cloud computing system capable of controlling execution of orders

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8788396
APP PUB NO 20110166982A1
SERIAL NO

12873148

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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In at least one embodiment, a method and system associated with financial articles of trade may include comparing relevant portions of data pertaining to an attempted transaction, wherein the transaction may pertain to one in which an entity is financially liable but unaware. At least one embodiment includes monitoring market transaction activity data to determine when a trading entity has exceeded an aggregated limit, such as one or more trading sub-limits corresponding to one or more custodial prime brokers facilitating trading for the trading entity. At least one embodiment includes a pre-trade gateway to determine if an order violates a pre-trade risk based on information collected by a front-end analyzer. Possible actions include, but are not limited to, placing a null order, terminating a connection associated with the order, modifying the order so as not to violate a pre-trade risk check, and/or notifications to one or more entities.

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Patent Owner(s)

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

International Classification(s)

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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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