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Patent Searching and Data


Title:
LIST EXECUTION AND CASH BALANCING
Document Type and Number:
WIPO Patent Application WO/2010/042599
Kind Code:
A3
Abstract:
The present invention maintains a list of potential buy and sell opportunities tracking available liquidity at the best price displayed on the market in real time. When a block opportunity arises that would violate the constraints (e.g., cash balancing constraints), the subject system will consider if there are enough opportunities to trade on the market on the opposite side to bring the cash position back within the specified constraints. If cash balance can potentially be re-established by accessing displayed liquidity at the current best prices, the block execution is accepted and orders are automatically sent out to access this liquidity.

Inventors:
WAELBROECK HENRI (US)
GAMSE BRENT (US)
Application Number:
PCT/US2009/059814
Publication Date:
July 01, 2010
Filing Date:
October 07, 2009
Export Citation:
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Assignee:
PIPELINE FINANCIAL GROUP INC (US)
WAELBROECK HENRI (US)
GAMSE BRENT (US)
GOMES CARLA (US)
International Classes:
G06Q40/00
Foreign References:
KR20020093724A2002-12-16
KR20070057099A2007-06-04
US20090182674A12009-07-16
US20050015323A12005-01-20
Attorney, Agent or Firm:
GREENBAUM, Michael (NWWashington, District of Columbia, US)
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