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:
Sep. 21, 2010
Filed:
Nov. 21, 2002
Bruce E. Friedman, Monroe, CT (US);
John T. Hughes, Jr., Stratford, CT (US);
Gopichand Kongani, West Haven, CT (US);
Daniel F. Moore, New Haven, CT (US);
Bruce E. Friedman, Monroe, CT (US);
John T. Hughes, Jr., Stratford, CT (US);
Gopichand Kongani, West Haven, CT (US);
Daniel F. Moore, New Haven, CT (US);
The NASDAQ OMX Group, Inc., Rockville, MD (US);
Abstract
A message prioritization process includes an interface process for receiving a primary attributable security interest message and one or more secondary attributable security interest messages placed by the market participant on a securities trading system. The primary attributable security interest message relates to a defined quantity of an individual security traded on the securities trading system. Each secondary attributable security interest message increments the defined quantity of the primary attributable security interest message by an incremental quantity. A code assignment process assigns a superior prioritization code to the primary attributable security interest message and an inferior prioritization code to each secondary attributable security interest message. These prioritization codes control the order in which the attributable security interest messages are processed by a matching process, and the inferior prioritization code is subordinate to the superior prioritization code.