Pipeline Financial Group, Inc.

Andrew Shapiro

Henri Waelbroeck

Brent Gamse

Ian Dempsey

Abe Burmeister

An exemplary embodiment comprises: (a) receiving electronic data describing a trading order; (b) selecting one or more first trading algorithms from a plurality of available stored algorithms for execution of the trading order; (c) commencing execution of the trading order via the one or more first trading algorithms; (d) evaluating quality of execution, during the execution, of the trading order via the one or more first trading algorithms; (e) comparing the evaluated quality of execution to a threshold of acceptability based on a prediction of future performance of execution of the trading order by the one or more first trading algorithms; and (f) if the evaluated quality of execution compares unfavorably to the threshold of acceptability, switching the execution of the trading order to one or more second trading algorithms, wherein the processor unit comprises one or more processors.

Coordination of algorithms in algorithmic trading engine

A graphical user interface is used along with an automated algorithm selection function to enable market participants to initiate automated, multi-algorithm trading strategies through a single drag and drop motion. A symbol representing a security can be dragged and dropped onto an icon representing a tactical or strategic algorithm. Other features of the graphical user interface show information such as the progress of the algorithms.

Rich graphical control interface for algorithmic trading engine

Display of market impact in algorithmic trading engine

Drag-and-drop graphical control interface for algorithmic trading engine

Display of selected items in visual context in algorithmic trading engine

Growing community of inventors

Brooklyn, NY, United States of America

Andrew Shapiro