Invention Grant
- Patent Title: Methods and systems for computer-based incremental trading
- Patent Title (中): 基于计算机的增量交易的方法和系统
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Application No.: US12698540Application Date: 2010-02-02
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Publication No.: US08392314B1Publication Date: 2013-03-05
- Inventor: Daniel Epstein , Rajesh Mani , Yuriy Metelev
- Applicant: Daniel Epstein , Rajesh Mani , Yuriy Metelev
- Applicant Address: US NY New York
- Assignee: MarketAxess Holdings, Inc.
- Current Assignee: MarketAxess Holdings, Inc.
- Current Assignee Address: US NY New York
- Agency: Proskauer Rose LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Methods and systems for computer-based incremental trading are provided. Owners of the top price/time priority orders are able to trade between each other multiple numbers of times prior to the expiration of a workup period, at which time the workup orders of all the users participating in the workup are matched. The workup period is private between the owners of the top price/time priority orders and the orders are allowed to be modified multiple times. When the workup period ends, orders are matched according to the original price/time priority.
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