Patents Assigned to NEXTROPIA LLC
  • Publication number: 20110218902
    Abstract: A method and apparatus for driving a trade via an electronic trading platform are provided. Traders may define trade order parameters including at least one monitored parameter and at least one rule for assigned thereto. The trade orders will only be executed when current market data satisfies the at least one monitored parameter and at least one rule. Said monitored parameters are selected from a current market price, a current bid and/or ask value, volume, a Volume Weighted Average Price (VWAP), or a combination thereof. The rules are based on a number and/or volume of executed market orders, placed by other traders, during a certain time period, a time period passed since it was determined that the at least one monitored parameter satisfies the market data, or a combination thereof.
    Type: Application
    Filed: February 11, 2011
    Publication date: September 8, 2011
    Applicant: NEXTROPIA LLC
    Inventor: Andrew Rosca