Patent · US Active

System and method for determining and applying parity in a hybrid auction market

US7571135B2 · kind B2 · utility

8Cited by
41References
6Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 15, 2005
Grant dateAug 4, 2009
Priority date
Expiry dateApr 1, 2027

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/06
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A plurality of limit orders are received at the same price and the limit orders are aggregated as a single aggregate. A plurality of broker interests are received at the same price. Equal parity is assigned to the single aggregate and each of the plurality of broker interests.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.