{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-9672566","patent":{"patent_number":"US-9672566","title":"System and method for processing securities trading instructions and communicating order status via a messaging interface","assignee":null,"inventors":[],"filing_date":"2013-12-23T00:00:00.000Z","publication_date":"2017-06-06T00:00:00.000Z","cpc_codes":["G06Q","G06Q","G06Q"],"num_claims":17,"abstract":"A system allowing traders, etc. to use instant messaging (IM) (or other non-FIX based) communications to input trading instructions directly into a broker's Order Management System (OMS) for managing/executing trades. Accordingly, trading instructions may be provided electronically directly from a buy-side trader, and directly to a sell-side broker's/brokerage's OMS, without the need for the sell-side broker to manually re-key the order into the sell-side firm's OMS. Further, trading instructions are provided in electronic format directly to the broker's OMS without the need for the buy-side trader to have an expensive FIX based OMS or associated FIX connection, which is also expensive, thereby allowing relatively smaller investment houses/buy-side organizations to enjoy the benefits of electronic delivery of trading instructions directly to brokers' OMS."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System and method for processing securities trading instructions and communicating order status via a messaging interface","description":"A system allowing traders, etc. to use instant messaging (IM) (or other non-FIX based) communications to input trading instructions directly into a broker's Order Management System (OMS) for managing/","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-9672566","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-9672566","citation_suggestion":"Patentable. \"System and method for processing securities trading instructions and communicating order status via a messaging interface\" (US-9672566). https://patentable.app/patents/US-9672566","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-9672566","json":"https://patentable.app/api/llm-context/US-9672566","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-06-06T06:43:50.770Z"}