SYSTEM AND METHOD FOR MANAGING TRADING ORDER REQUESTS

Patent №

US 8,799,121

Granted

2014-08-05

Filed 2004

Owner

CANTOR INDEX LLC

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

10831614

A method of determining whether to approve trading order requests is provided. A request to place a first trading order is received from a user using a trading account associated with the user. A risk value is determined for the first trading order. A plurality of balances associated with the trading account are determined. The balances may include an available cash balance, an available credit balance, and an available waived margin balance for the trading account. A determination of whether to approve the first trading order is made based at least in part on the risk value for the first trading order and the available cash balance, the available credit balance, and the available waived margin balance determined for the trading account. If the first trading order is approved, the first trading order is placed.

PlanningG06Q 40/04G06Q 30/06G06Q 40/02G06Q 40/03G06Q 50/34G07F 15/00G07F 17/3288

AI classification

Planning1.00
Knowledge representation0.25
Evolutionary computation0.14
Natural language0.01
AI hardware0.00
Machine learning0.00
Vision0.00
Speech0.00

Ownership

CANTOR INDEX LLC

assignment · 152580257

Assignors

CROSTHWAITE, DOMINIC, FINDLAY, LEWIS C.

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

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