Closing price determination for an automated market system
US7698193B2 · kind B2 · utility
3Cited by
0References
39Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | May 12, 2003 |
| Grant date | Apr 13, 2010 |
| Priority date | — |
| Expiry date | Jul 8, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for determining a closing price of a security traded in an electronic market includes receiving a trade price of an executed trade of the security wherein the executed trade is executed during a trading session of the electronic market, comparing the received trade price to a market parameter of the security to determine the closing price of the security, and reporting the determined closing price of the security to a user.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.