BLOCK TRADING SYSTEM AND METHOD PROVIDING PRICE IMPROVEMENT TO AGGRESSIVE ORDERS

Patent №

US 7,882,015

Granted

2011-02-01

Filed 2008

Owner

PIPELINE FINANCIAL GROUP, INC.

Lab

AI components

2

planning · evo

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

12181028

In a trading system for trading securities or the like, Contra Targeting is performed by enabling users to expose the liquidity within their order management system without divulging order management system information to a central trading server. Also, virtual orders can be placed and executed which give users price-time priority on an order without reserving the shares until the moment of execution.

PlanningEvolutionary computationG06Q 40/04G06Q 10/0637G06Q 30/0239G06Q 30/0601G06Q 40/03G06Q 50/188

AI classification

Planning0.91
Evolutionary computation0.79
AI hardware0.39
Natural language0.01
Knowledge representation0.00
Machine learning0.00
Speech0.00
Vision0.00

Ownership

PIPELINE FINANCIAL GROUP, INC.

assignment · 218090111

Assignors

WAELBROECK, HENRI, FEDERSPIEL, FRED J., ROPER, ANDREW, ENGELHART, HOWARD, KIRKPATRICK, SEAN

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

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