The Nasdaq Omx Group, Inc.

Christopher Folkemer

Daniel F Moore

John T Hughes, Jr

Richard G Ketchum

Adam Seth Nunes

John Malitzis

Mark DeNat

Yek Kwong Eng

Dean Furbush

Michael E Edleson

Karen Peterson

Anna Ewing

Steven J Randich

A method for trading a security in an electronic market includes entering an order at a client station for executing against any market participant that can at least in part satisfy the order, and matching the entered order at a server system against interest in the market based on how the market participant participates in the market with a portion of the interest in the market being prioritized according to price priority among displayed quotes/orders of market makers, ECNs that do not charge a separate quote-access fee, and non-attributable agency orders of UTP Exchanges, and subsequently by displayed quotes/orders of ECNs that charge a separate quote-access fee, with the quotes/orders of the ECNs that charge a separate quote-access fee being ranked by the amount of the quote-access fee charged.

Electronic communication network ranking for automated market system

A method for trading a security in an electronic market includes entering an order at a client station for executing against any market participant that can at least in part satisfy the order, determining a threshold for executing the entered order based on an inside price of the security in the electronic market, matching a portion of the entered order at a server system against interest in the market that does not exceed the determined threshold, and returning any unmatched portion of the entered order that can not be matched by the interest in the market without exceeding the determined threshold.

Order price threshold for automated market system

Growing community of inventors

Columbia, MD, United States of America

Christopher Folkemer