Method of negotiating trades on an electronic trading system and an electronic trading system
US8521635B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Jun 15, 2006 |
| Grant date | Aug 27, 2013 |
| Priority date | — |
| Expiry date | Mar 1, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method of negotiating trades on an electronic trading system is presented. In order to enable an intra-trading-system part-to part negotiation the method comprises the steps of receiving a trade negotiation request with respect to a selected order from a user; forwarding the trade negotiation request to a submitter of the selected order; receiving an accept or a reject to the trade negotiation request from the submitter; and initiating an intra-trading-system part-to-part negotiation procedure between the user and the submitter if the negotiation request is accepted by the submitter. An electronic trading system is also disclosed.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.