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.

Date of Patent:
Jan. 18, 2011

Filed:

May. 05, 2005
Applicants:

Paul D. Adcock, Burr Ridge, IL (US);

Michael A. Cormack, Evanston, IL (US);

Thomas F. Haller, Longwood, FL (US);

Robert A. Hill, LaGrange, IL (US);

Inventors:

Paul D. Adcock, Burr Ridge, IL (US);

Michael A. Cormack, Evanston, IL (US);

Thomas F. Haller, Longwood, FL (US);

Robert A. Hill, LaGrange, IL (US);

Assignee:

Archipelago Holdings, Inc., Chicago, IL (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2006.01);
U.S. Cl.
CPC ...
Abstract

A posting market center and process are disclosed for maintaining a market center-restricted order on a selected market center. In a market which allows price exemptions, the market center and process disclosed hide a received market center-restricted order which technically crosses or locks the away market, but would be marketable if an acceptable contra-side order was then available in the posting market center's internal order book. The posting market center then maintains this hidden order until it is fully executed, is canceled or can be displayed on the public order book.


Find Patent Forward Citations

Quick Actions:

Adcock, Paul. (2011). Method and system for maintaining an order on a selected market center with maximum price exemption parameter (U.S. Patent No. 7873561). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/7873561

Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile

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