SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR EXECUTING A BUY OR SELL ORDER

Patent №

US 8,306,900

Granted

2012-11-06

Filed 2003

Owner

ITG SOFTWARE, INC.

Lab

AI components

3

planning · evo · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

10457479

An auto-trading strategy for executing an order to buy or sell a specified quantity of a certain item. The strategy utilizes urgency scores rather than time bins. In one embodiment, an urgency score is determined at a certain point in time. The urgency score is a function of a trading target associated with the point in time and the actual number of items that have been traded as of the certain point in time.

AI classification

Planning0.98
AI hardware0.96
Evolutionary computation0.62
Knowledge representation0.06
Natural language0.03
Machine learning0.01
Vision0.00
Speech0.00

Ownership

ITG SOFTWARE, INC.

assignment · 141640809

Assignors

BOK, TOMAS, CUSHING, DAVID

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

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