METHOD AND SYSTEM FOR PERFORMING BENCHMARK COMPARISONS

• US 20180260895A1
• Filed: 03/09/2017
• Published: 09/13/2018
• Est. Priority Date: 03/09/2017
• Status: Active Application

• Current Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Original Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Inventors: JAMES, Richard C., HARE, Robert, HAMPTON, Sam
• Application Number:
  US15/454,386
• Publication Number:
  US 20180260895A1
• Time in Patent Office: Days
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

According to an embodiment of the present invention, an automated computer implemented system aggregates foreign exchange data and graphically provides a benchmark comparison. The system comprises a computer processor coupled to a storage mechanism, an aggregator server, an orders server and an interactive user interface. The computer processor is programmed to: aggregate data from a plurality of market data sources representing a plurality of different underlying markets; generate an aggregated price based on the aggregate data; generate a price attributed to a franchise entity; generate a volume weighted average price index for the aggregated price that represents available liquidity; and provide, via the interactive user interface, an indicator that communicates how the aggregated price compares to an underlying reference price.

Claims

1. An automated computer implemented system that aggregates foreign exchange data and graphically provides a benchmark comparison, wherein the system comprises:

a storage mechanism that stores user profile data and foreign exchange market data;

an aggregator server that receives market data from a plurality of sources and aggregates market prices;

an orders server that processes one or more orders based on the aggregated market data;

an interactive user interface that receives one or more user inputs; and

a computer processor, coupled to the storage mechanism, the aggregator server, the orders server and the interactive user interface, and programmed to;

aggregate data from a plurality of market data sources representing a plurality of different underlying markets;

generate an aggregated price based on the aggregate data;

generate a price attributed to a franchise entity;

generate a volume weighted average price index for the aggregated price that represents available liquidity; and

provide, via the interactive user interface, an indicator that communicates how the aggregated price compares to an underlying reference price.

2. The system of claim 1, wherein the aggregated data is specific to an underlying broker market.

3. The system of claim 1, wherein the aggregated data is specific to bonds.

4. The system of claim 1, wherein the plurality of underlying markets represent a plurality of Electronic Communication Networks.

5. The system of claim 1, wherein the aggregated market prices comprise Top of the Book data

6. The system of claim 1, wherein the aggregated market prices comprise Volume Weighted Average Prices.

8. The method of claim 1, wherein the aggregated data is specific to an underlying broker market.

9. The method of claim 1, wherein the aggregated data is specific to bonds.

10. The method of claim 1, wherein the plurality of underlying markets represent a plurality of Electronic Communication Networks.

11. The method of claim 1, wherein the aggregated market prices comprise Top of the Book data

12. The method of claim 1, wherein the aggregated market prices comprise Volume Weighted Average Prices.

7. An automated computer implemented method that aggregates foreign exchange data and graphically provides a benchmark comparison, wherein the method comprising the steps of:

aggregating, via an aggregator server, data from a plurality of market data sources representing a plurality of different underlying markets;

generating, via a programmed computer processor, an aggregated price based on the aggregate data;

generating, via the programmed computer processor, a price attributed to a franchise entity;

generating, via the programmed computer processor, a volume weighted average price index for the aggregated price that represents available liquidity; and

providing, via an interactive user interface, an indicator that communicates how the aggregated price compares to an underlying reference price.