INTER-MARKET SMART-ROUTING FOR COMBINATION SPREAD ORDER TRADING

Patent №

US 8,024,253

Granted

2011-09-20

Filed 2006

Owner

INTERACTIVE BROKERS LLC

Lab

AI components

1

nlp

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

11507807

Techniques for creating a complex order and routing the complex order to one or more exchanges to achieve optimal pricing without exposing the customer to the conventional legging risks associated with the trading of complex orders are provided. The trading system of the present disclosure provides this mechanism by routing the order to obtain the best possible price (see FIG. 4) and by accepting the risk of a partially executed order where one leg is executed and the other is not (see FIG. 5).

AI classification

Natural language0.77
Planning0.31
AI hardware0.24
Knowledge representation0.01
Evolutionary computation0.00
Machine learning0.00
Speech0.00
Vision0.00

Ownership

INTERACTIVE BROKERS LLC

assignment · 185200174

Assignors

PETERFFY, THOMAS PECHY, GALIK, MILAN

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

From the same owner

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