The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 22, 2019
Filed:
Dec. 15, 2016
Sean Gilman, Rye, NY (US);
Sean Gilman, Rye, NY (US);
Other;
Abstract
An anonymous and selective networked trading market utilizing a match masking application is described. Clients maintain anonymity through the use of a unique client identifier or an anonymous client identifier. The networked market system allows both selective trading and anonymity through the use of client-created match masks, which provide the trader the ability to select trading partners and tailor each trade to a variety of client-specified requirements. Encoding of match masks and matching of match masks is described. The system further allows clients to adjust future trading parameters based on analysis of previous market activity, which creates a level playing field for all traders. The system allows clients to create and adjust their trading orders without third-party intervention on a distribution network, which provides clients the flexibility to trade with only those other traders who meet their specifications. Tailored masks are applied to orders and match masking is used to match buy and sell orders selectively and anonymously. This is particularly useful in a networked trading systems such as currency trading, commodity trading, and the like.