Patent · US Active

System and method for a request for cross in a trade matching engine

US8498918B2 · kind B2 · utility

0Cited by
6References
14Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJun 2, 2006
Grant dateJul 30, 2013
Priority date
Expiry dateSep 1, 2026

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/04
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Systems and methods are provided to fulfill customer trading orders in an illiquid two sided market. Request for cross functionality may be implemented in a trading environment using a trading engine for the matching of trades involving financial instruments. Request for cross functionally integrates the benefits of a dual bid-ask continuous trading market model with the price and quantity trade matching systems and methods.

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