Methods and apparatus for pre-trade analysis
A method and system for a pre-trade analysis of a desired securities order, the method including, in some embodiments, receiving user input that indicates a desired securities order to evaluate, identifying a desired level of risk to associate with the desired securities order to evaluate, analyzing the desired securities order based on the desired level of risk using at least one of a plurality of securities trading algorithms, and displaying an information screen depicting information associated with the desired securities order based on the analyzing, wherein the information screen provides a graphical representation of the analysis prior to an execution of the desired securities order.
1 . A method comprising:
receiving user input that indicates a desired securities order to evaluate;
identifying a desired level of risk to associate with the desired securities order to evaluate;
analyzing the desired securities order based on the desired level of risk using at least one of a plurality of securities trading algorithms; and
displaying an information screen depicting information associated with the desired securities order based on the analyzing, wherein the information screen provides a graphical representation of the analysis prior to an execution of the desired securities order.
2 . The method of claim 1 , wherein the at least one of the plurality of securities trading algorithms used in the analyzing is selectively designated by a user.
3 . The method of claim 1 , further comprising providing the at least one of the plurality of the securities trading algorithms used in the analyzing.
4 . The method of claim 1 , wherein the user input further includes identifying a desired time span for evaluating the desired securities order for the analyzing thereof.
5 . The method of claim 1 , further comprising selectively executing, after the analyzing, the desired securities order.
6 . The method of claim 1 , wherein the information associated with the desired securities order comprises a graphical display of estimated transaction cost and an associated time span.
7 . The method of claim 1 , wherein the information screen further comprises, at least, a graph of at least one of a cost estimate, a projected execution profile, and combinations thereof.
8 . The method of claim 1 , wherein at least a portion of the user input to be received is based on an attribute of the desired securities order to evaluate.
9 . The method of claim 8 , wherein the attribute is selected from the group consisting of: a security type, a number of securities in the desired securities order, a market destination, a type of exchange for the desired securities order, whether the desired securities order is to be evaluated from a buy side or a sell side, a time span for evaluating the desired securities order, and any combinations thereof.
10 . A system comprising:
a processor; and
a storage device in communication with the processor and storing instructions adapted to be executed by the processor to:
receive user input that indicates a desired securities order to evaluate;
identify a desired level of risk to associate with the desired securities order to evaluate;
analyze the desired securities order based on the desired level of risk using at least one of a plurality of securities trading algorithms; and
provide display data representative of an information screen depicting information associated with the desired securities order based on the analyzing, wherein the information screen provides a graphical representation of the analysis prior to an execution of the desired securities order.
11 . The system of claim 10 , wherein the plurality of securities trading algorithms are each implemented as substantially independent modules for interfacing with the processor.
12 . The system of claim 11 , wherein each of the substantially independent modules includes an interface compatible with a communication interface of the processor.
13 . The system of claim 10 , wherein the storage device comprises at least one of historical information and substantially real-time information, relevant to evaluating the desired securities order using the at least one of the plurality of the securities trading algorithms.
14 . The system of claim 10 , further comprising a display device for presenting the graphical representation of the analysis.
15 . The system of claim 10 , wherein the at least one of the plurality of securities trading algorithms used in the analyzing is selectively designated by a user.
16 . The system of claim 10 , further comprising storing instructions adapted to be executed by the processor to provide the at least one of the plurality of the securities trading algorithms used in the analyzing.
17 . The system of claim 10 , further comprising storing instructions adapted to be executed by the processor to, after the analysis, execute the desired securities order.
18 . The system of claim 10 , further comprising storing instructions adapted to be executed by the processor to provide a user-selectable option to facilitate accepting or declining, after the analysis, executing the desired securities order.
19 . The system of claim 10 , wherein at least a portion of the user input to be received is based on an attribute of the desired securities order to evaluate.
20 . The system of claim 19 , wherein the attribute is selected from the group consisting of: a security type, a number of securities in the desired securities order, a market destination, a type of exchange for the desired securities order, whether the desired securities order is to be evaluated from a buy side or a sell side, a time span for evaluating the desired securities order, and any combinations thereof.
21 . An article, comprising:
a storage medium having stored thereon instructions that when executed by a machine result in the following:
receiving user input that indicates a desired securities order to evaluate;
identifying a desired level of risk to associate with the desired securities order to evaluate;
analyzing the desired securities order based on the desired level of risk using at least one of a plurality of securities trading algorithms; and
displaying an information screen depicting information associated with the desired securities order based on the analyzing, wherein the information screen provides a graphical representation of the analysis prior to an execution of the desired securities order.
22 . The article of claim 21 , wherein the at least one of the plurality of securities trading algorithms used in the analyzing is selectively designated by a user.
23 . The article of claim 21 , further comprising instructions stored thereon that when executed by a machine result in providing the at least one of the plurality of the securities trading algorithms used in the analyzing.
24 . The article of claim 21 , wherein the user input further includes identifying a desired time span for evaluating the desired securities order for the analyzing thereof.
25 . The article of claim 21 , further comprising selectively executing, after the analyzing, the desired securities order.
26 . The article of claim 21 , wherein the information associated with the desired securities order comprises a graphical display of estimated transaction cost and an associated time span.
27 . The article of claim 21 , wherein the information screen further comprises, at least, a graph of at least one of a cost estimate, a projected execution profile, and combinations thereof.
28 . The article of claim 21 , wherein at least a portion of the user input to be received is based on an attribute of the desired securities order to evaluate.
29 . The article of claim 28 , wherein the attribute is selected from the group consisting of: a security type, a number of securities in the desired securities order, a market destination, a type of exchange for the desired securities order, whether the desired securities order is to be evaluated from a buy side or a sell side, a time span for evaluating the desired securities order, and any combinations thereof.