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:
Jan. 12, 2010
Filed:
Apr. 28, 2004
Frank Hatheway, Chevy Chase, MD (US);
Daniel F. Moore, New Haven, CT (US);
Timothy E. Cox, Chevy Chase, MD (US);
Peter J. Martyn, Ridgewood, NJ (US);
Dan Barnard Franks, Brooklyn, NY (US);
Adam Seth Nunes, New York, NY (US);
Oliver Albers, Arlington, VA (US);
Frank Hatheway, Chevy Chase, MD (US);
Daniel F. Moore, New Haven, CT (US);
Timothy E. Cox, Chevy Chase, MD (US);
Peter J. Martyn, Ridgewood, NJ (US);
Dan Barnard Franks, Brooklyn, NY (US);
Adam Seth Nunes, New York, NY (US);
Oliver Albers, Arlington, VA (US);
The Nasdaq OMX Group, Inc., Rockville, MD (US);
Abstract
A method for trading a security in an electronic market includes receiving closing orders and orders for the security traded in the electronic market, disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the close of trading, determining a closing price for the security based on the closing orders and orders, and executing at least some of the closing orders at the determined closing price.