SYSTEM AND METHOD FOR PROCESSING ELECTRONIC TRADE CONFIRMATION REPORTS

摘要

A computer-implemented method of processing electronic trade confirmation data upon execution of a trade is provided. The method includes, using a computing system, determining an execution price from the electronic trade confirmation data; using the computing system, determining at least one fee/rebate for a side of the trade; using the computing system, determining a modified execution price for the side of the trade based at least on the execution price and the at least one fee/rebate; and using the computing system, associating the modified execution price with the trade.

主权项

1. A computer-implemented method for processing electronic trade confirmation data generated by at least a first server computer upon execution of a trade in a data processing system comprising at least a second specifically programmed server computer coupled over a communications network to the first server computer, the method comprising:
using the second server computer, determining an execution price from the electronic trade confirmation data generated by the first server computer; using the second server computer, determining at least one fee/rebate for a side of the trade; using the second server computer, determining a modified execution price for the side of the trade based at least on the execution price and the at least one fee/rebate; and using the second server computer, associating the modified execution price with the trade in data store stored on a persistent memory accessible by the second server computer.