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. 18, 2011
Filed:
May. 05, 2005
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);
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);
Archipelago Holdings, Inc., Chicago, IL (US);
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.