Abstract: An electronic system for aggregated pricing of linked multi-leg (e.g., equity/option and option/option) asset packages with an additional link to an automated broker system for trading the linked asset packages are disclosed. The invention provides methodology and apparatus to electronically produce aggregated price quotes for packages of instruments designed to represent traditional trading strategies involving cash and their derivatives (e.g., stock and equity options). The system develops packages according to specified strategies, and prices the packages based on the national best bid and offer (NBBO) or direct input from participating market makers and investors. The packages are designed for easy understanding by traditional investors and designed for trading through a single order. These packages are desirable over separately trading the asset and its derivative (e.g.
Type:
Application
Filed:
June 9, 2003
Publication date:
July 21, 2005
Applicant:
Side By Side Trading, Inc.
Inventors:
James Soderborg, Chris Dobosz, Gary Schick, John Katovich, Cathy Fabiszak