SYSTEM AND METHOD FOR ROUTING A TRADING ORDER BASED UPON QUANTITY

Systems and methods are provided for routing trading orders. The system determines that a first trading entity disclosed to the trading platform a reserve quantity of a first trading order received from the first entity. The system determines that a second trading entity did not disclose a reserve q...

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Bibliographische Detailangaben
Hauptverfasser: Noviello, Joseph C, Claus, Matthew W
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:Systems and methods are provided for routing trading orders. The system determines that a first trading entity disclosed to the trading platform a reserve quantity of a first trading order received from the first entity. The system determines that a second trading entity did not disclose a reserve quantity of a second trading order received from the second trading entity. The system receives a third trading order. The system preferences the first trading entity over the second trading entity in the routing of trading orders, e.g., by routing the third trading order to the first trading entity.