System and method for publishing liquidity replenishment prices in a hybrid auction market
US8024247B2 · kind B2 · utility
1Cited by
42References
40Claims
0Family size
Assignee
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Key dates
| Filing date | Jul 15, 2005 |
| Grant date | Sep 20, 2011 |
| Priority date | — |
| Expiry date | Jul 16, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The system and method determines both a sweep liquidity offer price, and a momentum liquidity offer price. If the sweep liquidity offer price is less than the momentum liquidity offer price, the system and method publishes the sweep liquidity offer price. If the sweep liquidity offer price is greater than the momentum liquidity offer price, the system and method publishes the momentum liquidity offer price. In a similar fashion the system and method determines a sweep liquidity bid price and a momentum liquidity bid price, they are compared and the system and method publishes one.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.