System and method for controlling the disclosure of a...

G - Physics – 06 – Q

Patent

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G06Q 30/00 (2006.01)

Patent

CA 2554179

A system for controlling the disclosure of a trading order comprises a memory and a processor. The memory stores disclosure policies associated with market centers. The processor receives a trading order for a trading product that specifies a total quantity of the trading product and a maximum disclosure quantity of the trading product. The trading order is associated with a particular market center. The processor then routes the trading order to the particular market center according to the disclosure policy associated with the particular market center.

L'invention concerne un système de commande de divulgation d'un ordre commercial comprenant une mémoire et un processeur. La mémoire stocke une politique de divulgation associée à des entités commerciales. Le processeur reçoit un ordre commercial pour un produit commercial spécifiant une quantité totale du produit commercial et une quantité de divulgation maximale du produit commercial. L'ordre commercial est associé à une entité commerciale particulière. Le processeur achemine alors l'ordre commercial vers l'entité commerciale associée en fonction de la politique de divulgation associée à l'entité commerciale particulière.

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