Exchange order prioritization
US12229827B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | May 27, 2021 |
| Grant date | Feb 18, 2025 |
| Priority date | — |
| Expiry date | May 27, 2041 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0234
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method is provided for implementing retail priority via an exchange computer system. In some implementations, a first order for a financial instrument is received, and a second order for the financial instrument is also received. An order type of the first order is identified, and an order type of the second order is also identified. A determination that the second order is associated with a priority account is made based on based on information associated with the second order. A determination as to whether to prioritize execution of the second order over execution of the first order in an electronic order book is then made based on the order type of the second order, the order type of the first order, and the second order's association with the priority account.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.