US 12,073,469 B2
Systems and methods for data normalization for use in scoring and balancing a portfolio
William Peterffy, Eldorado Springs, CO (US); Emerito Medalla, Briarcliff Manor, NY (US); Sanjoy Ghosh, Lexington, MA (US); Yatharth Manuja, London (GB); Konstantine Smaguine, Cos Cob, CT (US); and Yakov Gorodnitsky, Darien, CT (US)
Assigned to INTERACTIVE BROKERS LLC, Greenwich, CT (US)
Filed by INTERACTIVE BROKERS LLC, Greenwich, CT (US)
Filed on Aug. 25, 2023, as Appl. No. 18/238,360.
Application 18/238,360 is a continuation of application No. 17/204,863, filed on Mar. 17, 2021, granted, now 11,741,547.
Prior Publication US 2023/0410207 A1, Dec. 21, 2023
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 40/06 (2012.01); G06F 16/23 (2019.01); G06Q 40/04 (2012.01)
CPC G06Q 40/06 (2013.01) [G06F 16/2379 (2019.01); G06Q 40/04 (2013.01)] 20 Claims
OG exemplary drawing
 
1. A computer-implemented method for electronic securities trading based on environmental, social and governance (ESG) scoring, the method comprising:
determining an ESG impact effect for each security in a market participant's portfolio based on an impact score of the respective security for one or more impact values selected by the market participant and an indicated importance of each of the selected impact values;
generating an ESG portfolio impact score for the market participant's portfolio based on the market participant's portfolio holdings, the market participant's selected impact values and their indicated importance, and the impact scores for the securities in the market participant's portfolio;
identifying, based on (i) the impact scores generated by processing ESG data from a plurality of data providers, (ii) the market participant's selected impact values and their indicated importance, and (iii) industry sector information, one or more alternative securities to a security in the market participant's portfolio that conflicts with the market participant's selected impact values, each alternative security having an impact score greater than that of the conflicting security;
providing to a market participant terminal the one or more alternative securities to swap for the conflicting security;
receiving from the market participant terminal a selected alternative security, wherein the selection is made via a single user input;
activating a swap trade responsive to the single user input, by automatically generating and submitting to one or more electronic marketplaces an electronic sell order to sell the conflicting security and an electronic buy order to buy the selected alternative security;
dynamically recalculating the ESG portfolio impact score responsive to the swap trade; and
providing to the market participant terminal the recalculated ESG portfolio impact score, showing in real time the change in ESG impact that the swap trade has effectuated.