IOI-based block trading systems, methods, interfaces, and software

In the financial-services industry, there are online centers that help brokers to match sellers and buyers of stock based on indications of interest (IOIs). However, at least some of these centers are not only limited in the types of IOIs that they provide, but also in the ways how they allow IOI senders to control IOI usage. Accordingly, to facilitate trades, one exemplary system provides an IOI which is associated with an online negotiation capability. Some versions of this system provide mechanisms for users, such as broker-dealers, to define different IOI response privileges for recipients of their IOIs. To reduce the market risks of failed negotiations, some versions provide automated features for comparing confidential information from traders and initiating online negotiations for stock transactions contingent on favorable comparisons.

IOI-based block trading systems, methods, interfaces and software

In the financial-services industry, there are online centers that help brokers to match sellers and buyers of stock based on indications of interest (IOIs). However, at least some of these centers are not only limited in the types of IOIs that they provide, but also in the ways how they allow IOI senders to control IOI usage. Accordingly, to facilitate trades, one exemplary system provides an IOI which is associated with an online negotiation capability. Some versions of this system provide mechanisms for users, such as broker-dealers, to define different IOI response privileges for recipients of their IOIs. To reduce the market risks of failed negotiations, some versions provide automated features for comparing confidential information from traders and initiating online negotiations for stock transactions contingent on favorable comparisons.

METHOD AND SYSTEM FOR IDENTIFYING HIGH PROBABILITY TRADE MATCHES

Methods and Systems for routing an indication of interest message are provided in which one or more external trade messaging systems are monitored to discover and collect information related to a trading posture of a plurality of trading counterparties. The information related to the trading posture of the plurality of trading counterparties is stored in a database and accessed, upon receipt of an indication of interest message to intelligently route the indication of interest message to at least one of the plurality of trading counterparties based at least in part on the information regarding the trading posture of the plurality of trading counterparties stored in the database. 1. A system for routing an indication of interest message , comprising:(i) a first computer element communicatively associated with one or more trade messaging systems, the first computer element programmed and configured to receive trade activity information from the one or more trade messaging systems relating to a history of trading activity of a plurality of trading counterparties;(ii) a database for storing the information relating to a history of a trading activity of the plurality of trading counterparties; and(iii) a second computer element communicatively associated with the database and with at least one user computer, the second computer element programmed and configured to receive an indication of interest message from the at least one user computer and route communication of the indication of interest message to at least one of the plurality of trading counterparties based at least in part on the information relating to a history of trading activity of the plurality of trading counterparties stored in the database.2. The system of claim 1 , wherein at least one of the trade messaging systems is external to the system.3. The system of claim 1 , wherein at least one of the trade messaging systems is integral to the system.4. The system of claim 1 , wherein the information related ...

IOI-BASED BLOCK TRADING SYSTEMS, METHODS, INTERFACES AND SOFTWARE

In the financial-services industry, there are online centers that help brokers to match sellers and buyers of stock based on indications of interest (IOIs). However, at least some of these centers are not only limited in the types of IOIs that they provide, but also in the ways how they allow IOI senders to control IOI usage. Accordingly, the present inventors devised, among other things, exemplary systems, methods, interfaces, and software that enhance the ability of such online centers, or financial-information systems, to facilitate trades. One exemplary system provides an IOI which is associated with an online negotiation capability. Some embodiments provide mechanisms for users, such as broker-dealers, to define different IOI response privileges for recipients of their IOIs. To reduce the market risks of failed negotiations, some embodiments provide automated features for comparing confidential information from traders and initiating online negotiations for stock transactions contingent on favorable comparisons.

Method and system for identifying high probability trade matches

Methods and Systems for routing an indication of interest message are provided in which one or more external trade messaging systems are monitored to discover and collect information related to a trading posture of a plurality of trading counterparties. The information related to the trading posture of the plurality of trading counterparties is stored in a database and accessed, upon receipt of an indication of interest message to intelligently route the indication of interest message to at least one of the plurality of trading counterparties based at least in part on the information regarding the trading posture of the plurality of trading counterparties stored in the database.

METHOD AND SYSTEM FOR IDENTIFYING HIGH PROBABILITY TRADE MATCHES

Methods and Systems for routing an indication of interest message are provided in which one or more external trade messaging systems are monitored to discover and collect information related to a trading posture of a plurality of trading counterparties. The information related to the trading posture of the plurality of trading counterparties is stored in a database and accessed, upon receipt of an indication of interest message to intelligently route the indication of interest message to at least one of the plurality of trading counterparties based at least in part on the information regarding the trading posture of the plurality of trading counterparties stored in the database.

Method and system for identifying high probability trade matches

Methods and Systems for routing an indication of interest message are provided in which one or more external trade messaging systems are monitored to discover and collect information related to a trading posture of a plurality of trading counterparties. The information related to the trading posture of the plurality of trading counterparties is stored in a database and accessed, upon receipt of an indication of interest message to intelligently route the indication of interest message to at least one of the plurality of trading counterparties based at least in part on the information regarding the trading posture of the plurality of trading counterparties stored in the database.

Method and system for identifying high probability trade matches

Methods and Systems for routing an indication of interest message are provided in which one or more external trade messaging systems are monitored to discover and collect information related to a trading posture of a plurality of trading counterparties. The information related to the trading posture of the plurality of trading counterparties is stored in a database and accessed, upon receipt of an indication of interest message to intelligently route the indication of interest message to at least one of the plurality of trading counterparties based at least in part on the information regarding the trading posture of the plurality of trading counterparties stored in the database.

METHOD AND SYSTEM FOR IDENTIFYING HIGH PROBABILITY TRADE MATCHES

Methods and Systems for routing an indication of interest message are provided in which one or more external trade messaging systems are monitored to discover and collect information related to a trading posture of a plurality of trading counterparties. The information related to the trading posture of the plurality of trading counterparties is stored in a database and accessed, upon receipt of an indication of interest message to intelligently route the indication of interest message to at least one of the plurality of trading counterparties based at least in part on the information regarding the trading posture of the plurality of trading counterparties stored in the database.

Ioi-based block trading systems and methods

In the financial-services industry, there are online centers that help brokers to match sellers and buyers of stock based on indication of interest (IOIS). However, at least some of these centers are not only limited in the types of lOls that they provide, but also in the ways how they allow IOI senders to control IOI usage. Accordingly, the exemplary systems, methods, interfaces, and software enhances the ability of such online centers, or financial- information systems, to facilitate online negotiation capability. Some embodiments provide mechanisms for user, such as broker-dealers, to define different IOI response privileges for recipients of their IOIs. Some embodiment provide automated features for initiating online negotiations among traders.

Ioi-based block trading systems and methods

In the financial-services industry, there are online centers that help brokers to match sellers and buyers of stock based on indication of interest (IOIS). However, at least some of these centers are not only limited in the types of lOls that they provide, but also in the ways how they allow IOI senders to control IOI usage. Accordingly, the exemplary systems, methods, interfaces, and software enhances the ability of such online centers, or financial-information systems, to facilitate online negotiation capability. Some embodiments provide mechanisms for user, such as broker-dealers, to define different IOI response privileges for recipients of their IOIs. Some embodiment provide automated features for initiating online negotiations among traders.

Ioi-based block trading systems and methods

In the financial-services industry, there are online centers that help brokers to match sellers and buyers of stock based on indication of interest (IOIS). However, at least some of these centers are not only limited in the types of lOls that they provide, but also in the ways how they allow IOI senders to control IOI usage. Accordingly, the exemplary systems, methods, interfaces, and software enhances the ability of such online centers, or financial-information systems, to facilitate online negotiation capability. Some embodiments provide mechanisms for user, such as broker-dealers, to define different IOI response privileges for recipients of their IOIs. Some embodiment provide automated features for initiating online negotiations among traders.

Method ans system for identifying high probability trade matches

Methods and Systems for routing an indication of interest message are provided in which one or more external trade messaging systems are monitored to discover and collect information related to a trading posture of a plurality of trading counterparties. The information related to the trading posture of the plurality of trading counterparties is stored in a database and accessed, upon receipt of an indication of interest message to intelligently route the indication of interest message to at least one of the plurality of trading counterparties based at least in part on the information regarding the trading posture of the plurality of trading counterparties stored in the database.

Method ans system for identifying high probability trade matches