How JPMorgan optimizes order execution (with screenshots)

[lanajem]

Hi, This is a US patent application document from JP Morgan. It is describing a system for placing orders, mainly though an "Execution Optimizer". The whole system is described in great detail. It refers mainly to securitys, but it gives us a general idea on how big orders are executed by the big players. Also provides screenshots from the trading terminal. I think that many concepts that is describing is useful for System design and EA Programming. Nikos.

[EmCamo]

Agreed you might also want to have a few billion lying around and an order book to reference against and you have a shot at doubling it