Patents Assigned to ALGOFAST LLC
  • Publication number: 20160005116
    Abstract: A system and method for creating event-driven financial transactions may include: a web service in communication with a plurality of users, the web service operatively coupled to a strategy database storing a plurality of pending transactions and an event database storing identification information about a plurality of transaction triggering events. The web service may be in communication with a data parser that is configured to receive data from one or more sources, convert the data into a format usable by the system, and transmit the converted data to the event database. The system may be in communication with a separate server to which transactions from server or client side matching engines are sent, and the strategy database may receive and at least temporarily store those transactions until the server is ready to receive and store them. Strategy triggers may come from various places, including from the user.
    Type: Application
    Filed: July 1, 2014
    Publication date: January 7, 2016
    Applicant: ALGOFAST LLC
    Inventors: Justin Bouchard, Jonathan M. Fimek, Rakesh M. Patel