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:
Dec. 11, 2012
Filed:
Aug. 23, 2010
Seshadri Sundaram, Aurora, IL (US);
Stanislav Liberman, Buffalo Grove, IL (US);
James W. Farrell, Wheaton, IL (US);
Michael S. Kenniston, San Jose, CA (US);
Dileep C. Konduru, Palatine, IL (US);
Mark W. Robinson, Oak Park, IL (US);
Seshadri Sundaram, Aurora, IL (US);
Stanislav Liberman, Buffalo Grove, IL (US);
James W. Farrell, Wheaton, IL (US);
Michael S. Kenniston, San Jose, CA (US);
Dileep C. Konduru, Palatine, IL (US);
Mark W. Robinson, Oak Park, IL (US);
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Abstract
Systems and methods for matching orders are provided. One or more trade templates are created. The trade templates define groups of orders for financial instruments that may be combined such that all of the orders are matched. New orders and resting orders are analyzed using one or more trade templates to determine whether a combination of orders satisfies all of the elements of a trade template. When all of the elements of a trade template are satisfied, the corresponding orders may be matched contemporaneously.