An order execution system for financial trading transactions and optional trade order
The order execution system enables market makers to selectively execute orders using an alternative order book and decision unit, improving market efficiency and profitability by allowing rerouting to other market makers, thus optimizing order execution and reducing costs.
Patent Information
- Authority / Receiving Office
- WO · WO
- Patent Type
- Applications
- Current Assignee / Owner
- AEGEANLABS YAZILIM ANONİM ŞİRKETİ
- Filing Date
- 2024-12-11
- Publication Date
- 2026-06-04
AI Technical Summary
Current market systems lack the ability for market makers to selectively execute orders based on their risk appetite and order characteristics, leading to suboptimal performance and inefficient market liquidity utilization.
An order execution system that allows market makers to execute orders selectively, using an alternative order book and decision unit to choose the amount of order execution based on customer-defined order types, enabling communication between customers and market makers through standardized APIs, and allowing orders to be rerouted to other market makers if not fully executed.
Enhances market efficiency by allowing market makers to make more profitable transactions, providing lower-cost services to customers, and optimizing order execution based on customer preferences and market maker risk assessment.
Smart Images
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