The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 10, 2009
Filed:
Sep. 30, 2005
Stuart L. Breslow, Mountain Lakes, NJ (US);
John Martin Price, Murray Hill, NJ (US);
Ravindra Babu Jasti, Holmdel, NJ (US);
Robert K. Laible, Rowayton, CT (US);
Leigh Ann Peterson, Pennington, NJ (US);
David A. Conner, New Canaan, CT (US);
Andrew C. Freeman, Old Greenwich, CT (US);
Stuart L. Breslow, Mountain Lakes, NJ (US);
John Martin Price, Murray Hill, NJ (US);
Ravindra Babu Jasti, Holmdel, NJ (US);
Robert K. Laible, Rowayton, CT (US);
Leigh Ann Peterson, Pennington, NJ (US);
David A. Conner, New Canaan, CT (US);
Andrew C. Freeman, Old Greenwich, CT (US);
Barclays Capital Inc., New York, NY (US);
Abstract
A system and method where a client creates a basket of intended stock orders, slices the basket into one or more waves of orders, sends trade orders to a broker/dealer for execution, and allocates stocks to one or more client accounts. A backend server receives basket or wave orders, breaks each basket or wave order into individual stock orders, and queues the individual stock orders for submission to an order management system for execution of the order. A market data feed to the client continuously updates the information displayed to the client. The client may strike a basket or wave or individual stock by entering strike information into a client database residing on a client computer. The system also provides for allocation of executed trades to client-specified accounts.