Patent · US Active

Procedural order processing

US8433644B2 · kind B2 · utility

1Cited by

5References

25Claims

0Family size

Assignee

PDQ Enterprises LLC · US

Inventors

Christopher A. Keith · New York, US
David Randall Padgitt · Winnetka, US

Key dates

Filing date	Sep 9, 2011
Grant date	Apr 30, 2013
Priority date	—
Expiry date	Sep 9, 2031

Classification

Technology area (CPC G)Physics
CPC primaryG05B2219/2642
WIPO fieldControl
WIPO sectorInstruments

Abstract

An order en route to a marketplace is delayed so that a procedure can determine whether to generate a spawned order, and the spawned order is sent to a destination for execution essentially contemporaneously with the sending of the en route order to the marketplace. The spawned order can be sent to the same marketplace or a different marketplace than the en route order is sent to. The spawned order provides additional liquidity.

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