Patent ID: 7945493

Claim:
An apparatus for facilitating the processing and management of a securities trade, comprising: a computer; trade execution information received by said computer, said trade execution information indicative of an executed trade by a first trading party; software executing on said computer for determining block level trade execution information based upon said trade execution information; trade order information received by said computer, said trade order information indicative of an ordered trade by a second trading party; software executing on said computer for determining block level trade order information based upon said trade order information; a set of predefined acceptable trade parameters; software executing on said computer for comparing the block level trade execution information with the block level trade order information, and for determining that a match exists if the block level trade execution information and the block level trade order information correlate within said set of predefined acceptable trade parameters, wherein said trade execution information comprises an indication of the block level trade execution information, and wherein said software executing on said computer for determining block level trade execution information comprises software executing on said computer for extracting the block level trade execution information from said trade execution information.