Patent · US Active

Cross and post order

US7908201B2 · kind B2 · utility

19Cited by
35References
17Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 31, 2006
Grant dateMar 15, 2011
Priority date
Expiry dateFeb 22, 2028

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/06
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A cross and post order and related market center and process are disclosed which automatically convert any unfilled balance of a cross order that was broken up due to interaction with the posting market center's order book to a limit order at the same price. The process also automatically associates the transactions that are used to fill the generated limit order with the cross and post order that was originally sent to the posting market center for execution.

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