Patent ID: 8732063
Filing Date: 2014-05-20
Classification: G06Q

Abstract:
1. A computer implemented method for routing an indication of interest message for a financial instrument, comprising: (i) receiving at a processor the indication of interest message, the indication of interest message including at least information related to the financial instrument and a buy or sell indication; (ii) comparing on a processor the information in the indication of interest message with a buyer listing or a seller listing that is contra to the received buy or sell indication wherein the buyer listing and seller listing are each updated on a substantially real time basis based upon information related to a trading posture of a plurality of trading counterparties; (iii) utilizing a data analyzer module configured to update the information related to a trading posture of a plurality of trading counterparties based on an analysis of aggregated weighted historical data associated with at least one of the plurality of trading counterparties and the financial instrument to determine which counterparties of the plurality of trading counterparties are likely to be contra to the received buy or sell indication, and (iv) routing via a network the indication of interest message only to those trading counterparties where the information related to the trading posture indicates a trading posture that is contra to the received buy or sell indication based at least in part on the analysis performed by the data analyzer module, the first listing and the second listing and wherein the aggregated historical data comprises a weighting factor for each day of a predetermined number of days for which information relating to the history of trading activity is stored.