Patent №
US 8,527,399
Granted
2013-09-03
Filed 2013
Owner
TRADING TECHNOLOGIES INTERNATIONAL, INC.
Lab
—
AI components
1
kr
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
13760285
A system and methods for dynamically changing a trade order quantity in an electronic trading environment are described herein. According to one example embodiment, an automated trading tool determines if a leaned on quantity of a trading strategy has increased or decreased and if so, dynamically changing a desired order quantity to reflect the change in the leaned on quantity. Dynamically changing an order quantity may be more profitable for a trader as order queue position may be maintained and portion of the desired order quantity may get filled; rather than a trader losing their order queue position and/or taking a chance of not getting any of their order quantity filled.
AI classification
Ownership
TRADING TECHNOLOGIES INTERNATIONAL, INC.
assignment · 297630096
Assignors
MINTZ, SAGY P., BURNS, MICHAEL J., PETERSON, THOMAS A.
On an employer assignment, the assignors are typically the inventors.