Patent ID: 8055576
Filing Date: 2011-11-08
Classification: G06Q

Abstract:
1. A computer-implemented method, comprising: (i) automatically obtaining, without manual intervention, data from a plurality of data fields concerning all records of open orders for a plurality of securities from a data storage associated with an order management system, wherein: (ii) automatically converting, without manual intervention, the data from the plurality of data fields into non-binding indications of trading interest by a data integration module associated with or having access to at least one electronic marketplace, each non-binding indication comprising at least a security name, symbol or identifier, and a transaction type, wherein the non-binding indications require at least one further manual affirmative action prior to any trade execution and wherein the data integration module comprising a computer with one or more processors and a memory; (iii) automatically, periodically obtaining, without manual intervention, updated data from at least one data field for at least one record of order that has changed since previously obtained from the data storage associated with the order management system, wherein the updated data is obtained by a computer with one or more processors and a memory; and (iv) for the at least one record of order that has changed since previously obtained from the data storage, automatically updating by the data integration module, with the updated data, without manual intervention, the non-binding indication of trading interest associated with that record of order.