Patent ID: 9117244
Filing Date: 2015-08-25
Classification: G06Q

Abstract:
1. A system for trade order management in an electronic trading environment, comprising: a computing device, wherein the computing device is configured to detect a predefined event that triggers generation of a trade order to buy or sell a tradeable object at an electronic exchange based on a trading strategy, wherein the electronic exchange comprises a matching process for matching incoming trade orders, wherein the computing device is configured to generate an order message for the trade order to buy or sell a tradeable object at the electronic exchange, the trade order having an order quantity and an order price, wherein the computing device is configured to insert an order descriptor identifier into the generated order message, wherein the order descriptor identifier comprises information that links the trade order to the trading strategy that generated the trade order upon detecting the predefined event, wherein the computing device is configured to send the order message with the order descriptor identifier to the electronic exchange, wherein the order descriptor identifier is accessible by a software application that generated the trade order and other software applications that did not generate the trade order, wherein the computing device is configured to receive an order update related to the trade order from the electronic exchange, wherein the order update comprises the order descriptor identifier, and wherein the computing device is configured to link the order update to the trading strategy based on the order descriptor identifier in the order update.