Systems and methods for providing trading exclusivity/priority in response to quantity of items traded in electronic trading systems
US7761366B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jan 9, 2006 |
| Grant date | Jul 20, 2010 |
| Priority date | — |
| Expiry date | Jan 19, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Systems and methods for providing trading exclusivity/priority in response to quantity of items traded in electronic trading systems is provided. The method preferably includes receiving an incoming order for the item and determining whether the incoming order matches a current order for the item and satisfies a minimum volume requirement. When the incoming order matches a current order for the item and satisfies a minimum volume requirement, the method includes transacting a trade between the incoming order and the current order and providing a predetermined time period of exclusive trading between a participant associated with the incoming order and a participant associated with the current order.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.