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:
Jul. 20, 2010
Filed:
Jan. 09, 2006
Howard W. Lutnick, New York, NY (US);
Joseph Noviello, Summit, NJ (US);
Michael Sweeting, Aldershot, GB;
Bijoy Paul, Morganville, NJ (US);
Howard W. Lutnick, New York, NY (US);
Joseph Noviello, Summit, NJ (US);
Michael Sweeting, Aldershot, GB;
Bijoy Paul, Morganville, NJ (US);
BGC Partners, Inc., New York, NY (US);
Abstract
Systems and methods for providing trading exclusivity/priority in response to quantity of items traded in electronic trading systems is provided. The method preferably includes receiving an incoming order for the item and determining whether the incoming order matches a current order for the item and satisfies a minimum volume requirement. When the incoming order matches a current order for the item and satisfies a minimum volume requirement, the method includes transacting a trade between the incoming order and the current order and providing a predetermined time period of exclusive trading between a participant associated with the incoming order and a participant associated with the current order.