Automated system for routing orders for foreign exchange transactions
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United States of America Patent
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Issued Date -
Nov 3, 2005
app pub date -
Apr 29, 2004
filing date -
Apr 29, 2004
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
According to one exemplary embodiment of the present invention, a computerized method for routing orders for foreign exchange transactions is provided. The computerized method for routing orders includes a process for receiving and aggregating updated foreign exchange price information from a plurality of foreign exchange electronic markets, and receiving and aggregating updated foreign exchange price information from a plurality of multi-bank foreign exchange portals. Pursuant to a feature of the present invention, the received and aggregated foreign exchange information is merged and sorted according to preselected criteria, to create a complete order book.
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