System and method for discretionary broker quotes and pegged broker quotes
US11887188B2 · kind B2 · utility
0Cited by
8References
24Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Oct 10, 2006 |
| Grant date | Jan 30, 2024 |
| Priority date | — |
| Expiry date | May 22, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
To represent broker interest in a security, a system receives broker interest to buy or sell a security at a first price with a minimum trade size, and receives an order with an order trade size. The system determines whether the order trade size is greater than the minimum trade size, and responsive to determining whether the order trade size is greater than the minimum trade size, the system trades at least part of the broker interest against the order if the order trade size is greater than the minimum trade size.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.