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:
Aug. 07, 2012

Filed:

Apr. 09, 2010
Applicants:

Thomas J. Davin, Iii, Kensington, MD (US);

James T. Platts, Washington, DC (US);

James M. Lastoskie, Upland, CA (US);

Timothy E. Cox, Chevy Chase, MD (US);

Michael E. Edleson, Dunn Loring, VA (US);

Inventors:

Thomas J. Davin, III, Kensington, MD (US);

James T. Platts, Washington, DC (US);

James M. Lastoskie, Upland, CA (US);

Timothy E. Cox, Chevy Chase, MD (US);

Michael E. Edleson, Dunn Loring, VA (US);

Assignee:

The NASDAQ OMX Group, Inc., New York, NY (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2012.01);
U.S. Cl.
CPC ...
Abstract

A method for determining a closing price of a security traded in an electronic market includes receiving a trade price of an executed trade of the security wherein the executed trade is executed during a trading session of the electronic market, comparing the received trade price to a market parameter of the security to determine the closing price of the security, and reporting the determined closing price of the security to a user.


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