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:
Jan. 10, 2012
Filed:
Dec. 20, 2010
Andrew Shapiro, Brooklyn, NY (US);
Abe Burmeister, Brooklyn, NY (US);
Ian Dempsey, New York, NY (US);
Brent Gamse, Delray Beach, FL (US);
Henri Waelbroeck, Scarsdale, NY (US);
Andrew Shapiro, Brooklyn, NY (US);
Abe Burmeister, Brooklyn, NY (US);
Ian Dempsey, New York, NY (US);
Brent Gamse, Delray Beach, FL (US);
Henri Waelbroeck, Scarsdale, NY (US);
Pipeline Financial Group, Inc., New York, NY (US);
Abstract
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.