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:
Sep. 20, 2011

Filed:

Jul. 15, 2005
Applicants:

Roger Burkhardt, Irvington, NY (US);

Anne E. Allen, Cranford, NJ (US);

Robert J. Mcsweeney, Merrick, NY (US);

Louis G. Pastina, Belle Harbor, NY (US);

Inventors:

Roger Burkhardt, Irvington, NY (US);

Anne E. Allen, Cranford, NJ (US);

Robert J. McSweeney, Merrick, NY (US);

Louis G. Pastina, Belle Harbor, NY (US);

Assignee:

New York Stock Exchange, New York, NY (US);

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

The system and method determines both a sweep liquidity offer price, and a momentum liquidity offer price. If the sweep liquidity offer price is less than the momentum liquidity offer price, the system and method publishes the sweep liquidity offer price. If the sweep liquidity offer price is greater than the momentum liquidity offer price, the system and method publishes the momentum liquidity offer price. In a similar fashion the system and method determines a sweep liquidity bid price and a momentum liquidity bid price, they are compared and the system and method publishes one.


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