System and method for managing display of market data in an electronic trading system

US10776875B2 · kind B2 · utility

Assignee

• BGC PARTNERS, L.P. · US

Inventors

• Peter Bartko · New York, US
• John Robert Capuano · Chatham, US
• Michael Field · San Diego, US
• Frederick T. Gregson · Red Bank, US
• Brian Alexander Weston · Katonah, US

Key dates

• Filing date: Dec 21, 2018
• Grant date: Sep 15, 2020
• Expiry date: Mar 14, 2039

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system for managing trading orders comprises a memory operable to store a first order associated with a particular trading product, wherein the first order is associated with a first price comprising a first root value. The system further comprises a processor communicatively coupled to the memory and operable to receive a second order associated with the particular trading product. The second order is associated with a second price; and the second price comprises a second root value and a particular fractional pip value. The processor is further operable to disclose the first root value and the second root value while suppressing the particular fractional pip value.