Patent · US Active

Method and a system for trading stripped bonds

US8165950B2 · kind B2 · utility

0Cited by

8References

7Claims

0Family size

Assignee

OMX Technology AB · SE

Inventors

Jonas Lundberg · Luleå, SE
Daniel Negishi · Stockholm, SE

Key dates

Filing date	Jul 10, 2003
Grant date	Apr 24, 2012
Priority date	—
Expiry date	Apr 30, 2030

Classification

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

Abstract

In an automated trading system for matching bids and offers entered into the system by a number of traders connected to the system, a server hosts a matching processor and an associated memory forming an orderbook of the system where both fixed-income instruments paying a coupon, referred to as bonds, and fixed-income instruments not paying a coupon (zero-coupon), referred to as stripped bonds, are traded. The system derives prices for bonds using information from stripped bonds.

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