Cfph, LLC

Bill Rice

Howard W Lutnick

Kevin M Foley

Andrew Fishkind

Philip Marber

Dean P Alderucci

Mark A Miller

Brian L Gay

Charles Plott

Mark Miller

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

Trading system products and processes

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.

Multicomputer distributed processing of large block trading data

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

Growing community of inventors

Los Angeles, CA, United States of America

Bill Rice