Patent №
US 11,620,708
Granted
2023-04-04
Filed 2022
Owner
INTERCONTINENTAL EXCHANGE HOLDINGS, INC.
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
17833312
Systems and apparatus for processing a trade order include a computer configured for receiving market data for a financial asset, receiving pricing parameters and receiving proposed order quantity and price data. The computer is further configured for constructing proposed trades based on the proposed order quantity and price data, and for calculating a theoretical price for the financial asset based on the market data, pricing parameters as well as the proposed order price data. In addition, the computer is configured for comparing the constructed trades with the theoretical price, and displaying market data indicators relative to the theoretical price indicators based on the comparison.
AI classification
Ownership
INTERCONTINENTAL EXCHANGE HOLDINGS, INC.
assignment · 601120104
Assignors
WENDER, DAVID R.
On an employer assignment, the assignors are typically the inventors.