This system helps customers trade financial assets by taking their requirements and automatically grouping them into a "batch of orders." Each order in this batch is actually a combination of two or more individual trades designed to fulfill multiple customer needs at once. The system then shows these grouped orders with prices, allowing the customer to process many complex trades simultaneously.
Why it matters: Filed before widespread cloud computing and modern API-driven financial services. The infrastructure for real-time, complex multi-leg trading and scalable web applications is now far more robust and accessible.
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