This isn't clear to me - are your buyer's institutional investors? Are they buying your technology to create trade options for their end users i.e. an individual investor? I don't know what an ATS is so I gather that I'm not a direct user of your technology - perhaps I would be an indirect user? Would E-Trade, for example, leverage your technology to provide me with a combinatorial buying option?
This isn't clear to me - are your buyer's institutional investors? Are they buying your technology to create trade options for their end users i.e. an individual investor? I don't know what an ATS is so I gather that I'm not a direct user of your technology - perhaps I would be an indirect user? Would E-Trade, for example, leverage your technology to provide me with a combinatorial buying option?