System and Method for Managing Discretion Trading Orders
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Jul 17, 2008
app pub date -
Jan 16, 2007
filing date -
Jan 16, 2007
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Calculated Rating
|
US Family Size
|
Non-US Coverage
|
Abstract
A system for managing trading orders comprises a memory operable to store a first order associated with a first discretion range. The system further comprises a processor communicatively coupled to the memory and operable to receive a counterorder associated with a second discretion range, wherein the first discretion range intersects the second discretion range. The processor is further operable to determine a midpoint price based at least in part on the intersection of the first and second discretion ranges. The processor is further operable to execute a trade at the determined midpoint price.
First Claim
Other Claims data not available
Family
+
−
- No Family data available.
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
- 21 Citation Count
- G06Q Class
- 0 % this patent is cited more than
- 17 Age