Trading with conditional offers for semianonymous participants

Abstract

According to one embodiment of the present invention, a method for generating conditional offers for semi-anonymous trading participants is provided. According to one embodiment of the present invention, a method, comprises associating a trading entity with an identifier; acquiring trade history information including a history of trading transactions associated with said identifier; and receiving an offer from a Liquidity Provider based on said trade history information, said offer being only made to the trading entity associated with one of said identifiers.

1 - 19 . (canceled) 
     
     
         20 . A method comprising:
 associating one of a plurality of trading entities with an identifier using a processor implemented at least partly in hardware;   acquiring trade history information including a history of trading transactions associated with said identifier using a processor implemented at least partly in hardware; and   receiving an offer to buy or to sell a trading item from a liquidity provider based on a profile generated from said trade history information, using a processor implemented at least partly in hardware, said offer being only made to said trading entity associated with said identifier, said offer being processed through an exchange that processes trading transactions for items having a bid/offer spread.   
     
     
         21 . The method according to  claim 20  wherein said identifier is associated with the trade history information of a trading entity but does not reveal the exact identity of any particular trading entity. 
     
     
         22 . The method according to  claim 20  further comprising matching said offer with at least one trading entity. 
     
     
         23 . The method according to  claim 20  wherein said step of receiving an offer comprises receiving a bid/ask offer. 
     
     
         24 . The method according to  claim 20  wherein said step of acquiring trade history information comprises acquiring trade history information including a history of trading transactions that occurred within an exchange. 
     
     
         25 . The method according to  claim 24  wherein said step of acquiring trade history information comprises trade history information that is available through the exchange. 
     
     
         26 . The method according to  claim 20  wherein said step of receiving an offer comprises receiving an offer through a securities exchange or a futures exchange. 
     
     
         27 . method according to  claim 20  wherein said step of acquiring trade history information comprises acquiring information on the prices of a trading item at a predetermined period of time after a trading transaction. 
     
     
         28 . The method according to  claim 20  further comprising transferring said trade history information to a liquidity provider. 
     
     
         29 . A system comprising:
 a taker unit including a market order interface device implemented at least partly in hardware;   an exchange system implemented at least partly in hardware, the exchange system processing trading transactions for items having a bid/offer spread including a trade history feed unit and a trade offer feed unit;   a provider unit including a trade history profile database device implemented at least partly in hardware, wherein said trade history profile database device including a profile of one of a plurality of trading entities, the one trading entity being associated with an identifier based on a trade history, and   an offer generator, wherein said offer generator generates an offer to buy or to sell a trading item based on said profile, said offer being associated with said identifier; and   said offer generator sending said offer to said trade offer feed unit, wherein said offer may only be accepted by said trading entity associated with said identifier.   
     
     
         30 . The system according to  claim 29  further comprising a trade matching system coupled to said exchange system for finding matches between said offer and said trading entities. 
     
     
         31 . The system according to  claim 29  wherein said identifier is associated with the trade history information of a trading entity but does not reveal the exact identity of any particular trading entity. 
     
     
         32 . A computer program product for generating conditional offers for semi-anonymous trading participants, said computer program product comprising:
 a non-transitory computer usable medium having computer usable program code embodied therewith, said computer usable program code comprising:   computer usable program code configured to:   associate one of a plurality of trading entities with an identifier;   acquire trade history information including a history of trading transactions associated with said identifier; and   receive an offer to buy or to sell a trading item from a liquidity provider based on a profile generated from said trade history information, said offer being only made to said trading entity associated with said identifier through an exchange that processes trading transactions for items having a bid/offer spread.