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:
May. 22, 2018
Filed:
Apr. 18, 2002
Bradley J. Swearingen, Round Rock, TX (US);
David S. Harding, Austin, TX (US);
Brant C. Lewis, Austin, TX (US);
Richard Munoz, Jr., Cedar Park, TX (US);
Gregory Scott Mogonye, Austin, TX (US);
Bradley J. Swearingen, Round Rock, TX (US);
David S. Harding, Austin, TX (US);
Brant C. Lewis, Austin, TX (US);
Richard Munoz, Jr., Cedar Park, TX (US);
Gregory Scott Mogonye, Austin, TX (US);
CHARLES SCHWAB & CO, San Francisco, CA (US);
Abstract
A computerized system () and method for integrating trade executions among multiple market participant types is disclosed. The system () includes a client system () that provides a user interface () for inputting an order for the execution of a trade and a server system () in communication with the client system (). The server system () accepts the order for the execution of the trade from the client system (). The server systems () then routes the order to a trade execution location () of one market participant type selected from among multiple market participant types such as the market participant types of ECNs, market makers and exchanges. The server system () has direct and indirect access to the ECNs and the market makers and has indirect access to the exchanges, thereby integrating trade executions among multiple market participant types.