SYSTEM AND METHOD FOR ESTIMATING ORDER POSITION

Patent №

US 7,809,628

Granted

2010-10-05

Filed 2003

Owner

TRADING TECHNOLOGIES INTERNATIONAL, INC.

Lab

AI components

2

kr · planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

10452567

A system and method for providing order queue position information are disclosed. In this application, market updates are received for a tradeable object from at least one exchange. To the extent that the market updates do not include enough details to compute the queue position of a trader's working orders, estimation may be used. As a result, an order queue is generated to approximate a trader's order position in an exchange price order queue. An interface may be used to display the generated order queue estimation to the trader which provides valuable trading information.

AI classification

Planning0.98
Knowledge representation0.74
Machine learning0.30
Evolutionary computation0.07
AI hardware0.04
Vision0.01
Speech0.00
Natural language0.00

Ownership

TRADING TECHNOLOGIES INTERNATIONAL, INC.

assignment · 141440679

Assignors

WEST, ROBERT A., ANDREWS, RYAN N., SCHLUETTER, JENS-UWE, GARRISON, DAVID W., BURNS, MICHAEL J.

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

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