System and method for determining and applying parity in a hybrid auction market
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United States of America Patent
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Aug 4, 2009
Grant Date -
Jan 19, 2006
app pub date -
Jul 15, 2005
filing date -
Jul 15, 2004
priority date (Note) -
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Abstract
A plurality of limit orders are received at the same price and the limit orders are aggregated as a single aggregate. A plurality of broker interests are received at the same price. Equal parity is assigned to the single aggregate and each of the plurality of broker interests.
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