US2023214927A1PendingUtilityA1

System and method for processing composite trading orders

Assignee: BGC PARTNERS INCPriority: Dec 20, 2005Filed: Mar 3, 2023Published: Jul 6, 2023

Est. expiryDec 20, 2025(expired)· nominal 20-yr term from priority

Inventors:Matthew W. Claus James R. Driscoll Gregory P. Manning Joseph C. Noviello

G06Q 40/04G06Q 40/00G06Q 20/042

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References

Claims

Abstract

A system for processing a composite trading order comprises a memory operable to store market data received from one or more market centers. The system further comprises a processor operable to generate a composite value based at least in part on the market data. The processor is further operable to receive a composite trading order associated with at least a portion of the composite value. The processor is further operable to generate a plurality of constituent trading orders that, when filled, combine to satisfy the composite trading order.

Claims

exact text as granted — not AI-modified

1 . A system for processing a composite trading order, the system comprising: 
 a memory operable to store market data received from one or more market centers; and   a processor operable to: 
 generate a composite value based at least in part on the market data; 
 receive a composite trading order associated with at least a portion of the composite value; and 
 generate a plurality of constituent trading orders that, when filled, combine to satisfy the composite trading order.

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