Timing mechanism and direct messaging for electronic trading platform
US7725373B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Sep 2, 2004 |
| Grant date | May 25, 2010 |
| Priority date | — |
| Expiry date | Jan 22, 2025 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and interface for trading financial instruments includes an intermediary computer system that is operable to communicate with one or more trader terminals. The intermediary computer system includes one or more processors and storage media, and it communicates with trader terminals and displays to the trader terminals a listing of financial instruments, and information related to such financial instruments, that are available for trading. The intermediary computer system periodically updates the option adjusted price of financial instruments to provide traders with a time period in which the price will remain stable and during which time the traders can confidently execute orders based on the then available price. A timer, which is constantly visible to traders, displays the amount of time remaining until the displayed adjusted prices will be updated.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.