| 摘要 |
A predictive automated routing system provides efficient and organized securities trading. A user creates a personalized Best Execution Profile (102) by selecting one or more statistical measures and by assigning respective weighting values to the selected statistical measures. The profile is transmitted to the User's broker/dealer at the time of or in advance of order placement and the broker/dealer stores the Best Execution Profile (116). The user-defined execution quality preferences, as indicated by the Best Execution Profile, are matched to the execution quality statistics for a plurality of market centers to determine which market center is most likely to execute the trade consistent with the User's trade execution quality preferences (118). Once a predictive match has been established, the order is automatically routed to the market center most likely to execute the trade consistent (120) with the User-defined Best Execution Profile. |
