Invention Grant
US07987128B2 Computer implemented and/or assisted methods and systems for detecting, tracking and responding to toxic, or likely toxic, orders in an equities order flow using toxicity and/or profit analyzers
有权
计算机实施和/或辅助方法和系统,用于使用毒性和/或利润分析仪检测,跟踪和响应股票订单流中的有毒或可能有毒的订单
- Patent Title: Computer implemented and/or assisted methods and systems for detecting, tracking and responding to toxic, or likely toxic, orders in an equities order flow using toxicity and/or profit analyzers
- Patent Title (中): 计算机实施和/或辅助方法和系统,用于使用毒性和/或利润分析仪检测,跟踪和响应股票订单流中的有毒或可能有毒的订单
-
Application No.: US12546854Application Date: 2009-08-25
-
Publication No.: US07987128B2Publication Date: 2011-07-26
- Inventor: Kenneth C. Griffin , Matthew Andresen
- Applicant: Kenneth C. Griffin , Matthew Andresen
- Applicant Address: US IL Chicago
- Assignee: Citadel Investment Group, L.L.C.
- Current Assignee: Citadel Investment Group, L.L.C.
- Current Assignee Address: US IL Chicago
- Agency: Wilmer Cutler Pickering Hale and Dorr LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Methods and systems are provided which enable equities broker-dealers to execute an equity trade order while simultaneously eliminating (or at least reducing) exposure to the negative consequences associated with toxic (or likely toxic) orders in the equities market. By using toxicity and/or profit analyzers, for example, to detect, track and respond to the level of toxic (or likely toxic) orders present in an equities order flow, a broker dealer can reduce the level of risk inherent in serving as counter-party to order flows, such as anonymous equities order flows. Various alternative embodiments are also disclosed.
Public/Granted literature
Information query