Patent ID: 7835987
Filing Date: 2010-11-16
Classification: G06Q

Abstract:
1. A method comprising: receiving, from a remote device, an order for a quantity of a trading product; identifying, using a processor, a plurality of market centers that are able to match the order, in which the processor and the remote device are in communication over a network; receiving, at the processor for each market center, a respective price for the order; comparing, using the processor, each of the received prices to determine a best price for the order; determining, using the processor, a respective best price policy for each market center, in which the respective best price policy indicates an action that is taken by the market center in response to the best price; adjusting, using the processor, the received price of each market center in accordance with the respective best price policy of the market center; selecting, based on the adjusted price of each market center, via the processor a market center from the plurality of market centers; and routing, using the processor, the order to the selected market center.