Patent ID: 8239310

Claim:
In a computer-implemented financial trading system, a method for automatically generating a securities transaction assessment to participants of the financial trading system, comprising: receiving, by a computer, historical transaction data for a plurality of executed securities transactions over an electronic data network, wherein said historical transaction data includes, for each executed securities transaction, a data element that identifies one or more parties to said transaction; receiving, by said computer, data identifying a set of one or more possible securities transactions, said data including, for each of said possible securities transactions, one or more of the following data elements: a securities name or identification symbol, a price of a security associated with said possible securities transaction, a total number of shares associated with said possible securities transaction, a type of said possible securities transaction, and an identification of a party associated with said possible securities transaction; determining, by said computer, a set of relevant executed securities transactions from said plurality of executed securities transactions, wherein the relevance of an executed securities transaction is based on a similarity of the executed securities transaction to one or more of said possible securities transactions in said set of one or more possible securities transactions; calculating, by said computer, for each relevant executed securities transaction of said set of relevant executed securities transactions, a degree of similarity of the executed securities transaction to the one or more possible securities transactions, wherein the degree of similarity is based upon a plurality of predetermined variables; generating, by said computer, an assessment of said one or more possible securities transactions based on the historical transaction data of said set of relevant executed securities transactions, wherein the generation of said assessment includes weighting each relevant executed securities transaction based on a level of expertise of the identified party associated with the relevant executed securities transaction and the calculated degree of similarity of the executed securities transaction to the one or more possible securities transactions, and aggregating the weighted data; and generating, by said computer, a certainty indicator for the assessment, wherein the certainty indicator indicates a probability that the assessment would meet a participant's stated objectives.