TRACKING LIQUIDITY ORDER

Patent №

US 11,615,472

Granted

2023-03-28

Filed 2022

Owner

ARCHIPELAGO HOLDINGS, INC.

+1 more

Lab

AI components

2

planning · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

17891669

A tracking liquidity order and related market center and process are disclosed which allow posting market centers (e.g. exchanges) to fill routable, smaller orders that would have otherwise routed off the posting market center. Such tracking liquidity orders increase the liquidity of that posting market center and allow it to execute more orders internally, without having to route them to an away market center.

AI classification

Planning1.00
AI hardware0.97
Machine learning0.15
Evolutionary computation0.07
Natural language0.01
Knowledge representation0.01
Speech0.00
Vision0.00

Ownership

ARCHIPELAGO HOLDINGS, INC.

assignment · 612700547

NYSE GROUP, INC.

merger · 612710211

Assignors

ADCOCK, PAUL D., CORMACK, MICHAEL A., HALLER, THOMAS F., HILL, ROBERT A.

On an employer assignment, the assignors are typically the inventors.

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