Patent ID: 11941701
Assignee: PURESTREAM TRADING TECHNOLOGIES INC.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 12:
13. The method of claim 1, wherein the first strategy order is a conditional strategy order, the method further comprising the steps of
in the strategy matching venue:
in response to matching of the first strategy order to the first contra strategy order, sending a firm-up request for the first strategy order to the algo system;
receiving from the algo system a firm-up response for the first strategy order, the firm-up response indicating a firmed-up quantity of shares available for the first strategy order;
wherein the step of generating the plurality of discrete fills performed is after receipt of the firm-up response;

in the algo system:
receiving the firm-up request for the first strategy order;
determining a quantity of shares that are available for strategy matching; and
sending the firm-up response to the strategy matching venue specifying the determined quantity as the firmed-up quantity of fills for the first strategy order.