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:
Jul. 10, 2012
Filed:
Sep. 16, 2011
Michael J. Burns, Chicago, IL (US);
Robert A. West, Chicago, IL (US);
Harris Brumfield, Chicago, IL (US);
Peter F. Ziemkiewicz, Chicago, IL (US);
Michael J. Burns, Chicago, IL (US);
Robert A. West, Chicago, IL (US);
Harris Brumfield, Chicago, IL (US);
Peter F. Ziemkiewicz, Chicago, IL (US);
Trading Technologies International, Inc., Chicago, IL (US);
Abstract
A system and method for money management in an electronic trading environment are presented. According to one embodiment, a trader may configure a plurality of filters, each including at least one filter criteria and filter condition. When a money management module detects a new order, the money management module intercepts the order and determines if the order matches one or more predefined filters. If the order matches one or more filters then conditions associated with the applicable filter(s) are applied to the order. The application of one or more conditions to an order may result in sending a modified order, preventing the order from reaching the exchange, or sending order to the exchange without any modifications.