Methods and apparatus for routing securities orders
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United States of America Patent
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app pub date -
Dec 4, 2003
filing date -
Dec 4, 2003
priority date (Note) -
Abandoned
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Abstract
According to some embodiments, a securities order trading system may determine, during a trading session, one or more attributes of an order destination. The attribute or attributes may be other than a price quoted or a size of an order booked on an order destination. The trading system may also determine during the trading session, and based on the order destination attribute or attributes, at least one of whether to route an order to the order destination, and a proportion of the order to allocate to the order destination.
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