Lowenstein Sandler LLP
System and method for allocating nominal and cash amounts to trades in a netted trade
A system and method for allocating stock and cash amounts to individual trades in a netted trade. The system and method include bundling individual securities trades into a netted trade, transmitting the netted trade to a clearing house, receiving a settlement message from the clearing house, and allocating stock and cash amounts to individual trades in the netted trade in a manner consistent with the settlement message.
JP Morgan Chase Bank
G
G06Q
inventional
Matthew S. Michael J. Edward J. Jeffery E. Patricia Julian Tim M. Paul A.
Stark McNeillis Coad Moore Bevan Clark Palmer Treacy