Leg pricer
US8229838B2 · kind B2 · utility
3Cited by
34References
21Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Oct 14, 2009 |
| Grant date | Jul 24, 2012 |
| Priority date | — |
| Expiry date | Aug 25, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An electronic trading system utilizes a Match Engine that receives orders, stores them internally, calculates tradable combinations and advertises the availability of real and implied orders in the form of market data. The tradable combinations may include spread orders where one leg of the spread has a different tick size than the other or where the tick of the spread contract is different from the tick size in one or both legs. A method and system for calculating on-tick leg prices in an equitable and predictable manner is provided.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.