Dual quote market system
US7599875B1 · kind B1 · utility
4Cited by
8References
26Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Dec 10, 1998 |
| Grant date | Oct 6, 2009 |
| Priority date | — |
| Expiry date | Dec 10, 2018 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system for securities quotes is described. The system and allows posting of a bid and offer price for a security for a proprietary account. The system use a unique market maker identifier for a market maker proprietary account. In response to a customer order, a bid and/or offer price of the customer is posted for the security for an agency account, using a unique market maker agency identifier for an agency account. The quotes are sent to a server that disseminates the proprietary and agency quotes with other quotes for the same security from other market makers.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.