Patent · US Active

Reprice-to-block order

US7877316B2 · kind B2 · utility

22Cited by
35References
14Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMay 3, 2006
Grant dateJan 25, 2011
Priority date
Expiry dateJul 2, 2027

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/00
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A reprice-to-block order and related market center and process are disclosed which automatically reprice a posted limit order to the price of a block trade executed at an inferior price on a market away from the market center that posted the limit order.

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