Patent · US Active

Refreshing displayed quotes for automated market system

US7962399B2 · kind B2 · utility

2Cited by
12References
30Claims
0Family size

Assignee

Inventors

Key dates

Filing dateNov 21, 2002
Grant dateJun 14, 2011
Priority date
Expiry dateMay 22, 2027

Classification

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

Abstract

A method for managing display of quotes for securities in an electronic market includes entering a quote into a system for trading securities, a portion of the entered quote being displayable and another portion of the entered quote being held as reserved quote interest, executing a portion of the displayable quote portion against interest in the market, aggregating an unexecuted displayable quote portion, with a portion of the reserved quote, if the unexecuted displayable quote portion is less than a round lot, and displaying the aggregate.

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