Patent ID: 7983982
Filing Date: 2011-07-19
Classification: G06Q

Abstract:
1. A computer implemented method for executing block trades for a security, comprising: receiving a block trade request, at a computer system, said block request including data representing a quantity of shares of the security to be traded over a period of time; dividing, via said computer system, the period of time into a plurality of time bins; within a computer system, for the received block trade request, computing, for each time bin, a number of shares to be traded as a trading target based on at least historical trading volumes using predictive analysis; for a first time bin, generating, via said computer system, executable trade orders for a number of shares to be traded that is substantially equal to the trading target for the first time bin; and executing, via said computer system, at least a portion of said executable trade orders in a trade forum within each time bin in the future.