Abstract: In one aspect, the present invention provides an order slicer that receives an order that to trade a financial instrument. The order associates a trading strategy with said order. The trading strategy is replaceable. In another aspect, an interface accepts a trading strategy of an order to trade a financial instrument. A transmitter transmits the trading strategy to an order slicer.
Type:
Grant
Filed:
March 19, 2012
Date of Patent:
March 5, 2013
Assignee:
NYFIX, Inc.
Inventors:
Peter Hansen, Lars Kragh, Nicolay Landmark