Invention Grant
- Patent Title: Price improvement processor for electronic trading of financial instruments
- Patent Title (中): 金融工具电子交易价格改善处理器
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Application No.: US10697851Application Date: 2003-10-30
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Publication No.: US07941364B2Publication Date: 2011-05-10
- Inventor: Thomas Peterffy , Ken Leibler , Luc Bertrand
- Applicant: Thomas Peterffy , Ken Leibler , Luc Bertrand
- Applicant Address: US MA Boston
- Assignee: Boston Options Exchange Group, LLC
- Current Assignee: Boston Options Exchange Group, LLC
- Current Assignee Address: US MA Boston
- Agency: Burns & Levinson LLP
- Agent Stephen Y. Chow
- Main IPC: G06Q40/00
- IPC: G06Q40/00
Abstract:
A price improvement processor to effectuate more rapid matching of bids and offers of financial instruments by conducting a rapid automated auction in which certain market participants may provide price improvement in increments that are finer than the prevailing standard minimum price variation and are provided a certain allocation as an incentive for such price improvements.
Public/Granted literature
- US20040254804A1 Price improvement processor for electronic trading of financial instruments Public/Granted day:2004-12-16
Information query
