Cfph, LLC

Andrew Fishkind

Howard W Lutnick

Kevin M Foley

Dean P Alderucci

Brian L Gay

Mark A Miller

Charles Plott

Philip Marber

Bill Rice

Mark Miller

William Rice

Brian L Gray

Systems and methods for administering trade orders are described. An embodiment comprises receiving, from a first server operated by a first trader, a communication including a first trade order and one or more selection criteria, the first trade order including at least one of a specified instrument, a specified quantity, and a specified price; determining that a database of trade orders does not contain a trade order matching the first trade order; identifying a plurality of traders satisfying the selection criteria; sending, to a plurality of second servers, a query including at least one of the specified instrument, the specified quantity, and the specified price; receiving, from a one of the plurality of second servers operated on behalf of a second trader, a positive response to the query; and facilitating execution of a trade between the first trader and the second trader for the specified instrument at the specified price.

Large block trading

A method and system for order management that allows access to additional pools of liquidity is described. Other embodiments are also described.

Method and system for order management

A trading platform and trading method that allows access to additional pools of liquidity is described. Other embodiments are also described.

Interprogram communication using messages related to groups of orders

Trading system products and processes

Multicomputer distributed processing of large block trading data

An electronic marketplace uses a fund composition to guide trading opportunities. Mutual funds typically have a target composition of financial instruments. When prices change for constituents of such a mutual fund, the fund typically needs to rebalance in order to maintain a desired composition. A marketplace that understands the target composition and the movement in prices targets trading opportunities to a fund in a more tailored manner than a traditional marketplace.

Trading related to fund compositions

Order cancellation

An electronic trading marketplace (ETM) communicates with interfacing modules interfacing directly with order management systems (OMS's) at trading institutions. The interfacing modules automatically transmit orders from the OMS databases to the ETM and update the OMS databases in response to orders executed at the ETM. Traders can communicate with the ETM to anonymously negotiate trades of securities.

Electronic securities marketplace having integration with order management systems

Interprogram communication using messages related to order cancellation

Growing community of inventors

New York, NY, United States of America

Andrew Fishkind