Procedural order processing
US9754322B1 · kind B1 · utility
4Cited by
5References
30Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Mar 15, 2013 |
| Grant date | Sep 5, 2017 |
| Priority date | — |
| Expiry date | Mar 15, 2033 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG05B2219/2642
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A procedure is enabled to respond to an order en route to a marketplace so that the 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 orders provide additional liquidity.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.