Patent ID: 8533104
Filing Date: 2013-09-10
Classification: G06Q

Abstract:
1. A method including: receiving by a computing device including a processor a trade order including a trade order quantity of a tradeable object for a user; calculating by the computing device a first allocation percentage for a first broker and a second allocation percentage for a second broker; calculating by the computing device a first target net position for the first broker based on the first allocation percentage and a second target net position for the second broker based on the second allocation percentage; allocating by the computing device a first portion of the trade order quantity to the first broker based on a first net position of the user at the first broker related to the tradeable object and the first target net position; allocating by the computing device a second portion of the trade order quantity to the second broker based on a second net position of the user at the second broker related to the tradeable object and the second target net position; and sending by the computing device a first message to the first broker and a second message to the second broker, wherein the first message includes the first portion of the trade order quantity, wherein the second message includes the second portion of the trade order quantity.