Inventors:
Christopher KELLEY - Brooklyn NY, US
Assignee:
Royalblue Financial Corporation - New York NY
International Classification:
G06Q 10/00, G06Q 30/00
Abstract:
A method of automatically finding a market venue for a limit order, including identifying which of a plurality of market venues on a list of potential routing destinations would offer an order protection from trade-through. Moreover, if at least two of the market venues would offer the order protection from trade-through, the method may further include selecting a protecting market venue, from among the market venues that would offer the order protection from trade-through, based on one or more criteria. If none of the market venues would offer the order protection from trade-through, the method may further include selecting a non-protecting market venue from the list of potential routing destinations based on one or more criteria.