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:
Aug. 13, 2024
Filed:
Feb. 13, 2023
Cfph, Llc, New York, NY (US);
Kevin Foley, New York, NY (US);
CFPH, LLC, New York, NY (US);
Abstract
Systems and methods for processing a discretion order in a dark pool matching environment may receive a first order of a first trader, and a contra second order defining a quantity reserved in an OMS of a second trader and a price range. When a first price of the first order is determined to be within the price range, (1) the price of the first order and (2) execution indicia selectable by the second trader to cause execution of a portion of the second order against a portion of the first order, are provided to the second trader. The first price of the first order and the execution indicia are not output or otherwise disclosed to the second trader, prior to determining that the first price of the first order is within the price range of the second order.