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.:

US 8527391 B1

PDF
Full Text
Expired
Date of Patent:
Sep. 03, 2013

Filed:

Jul. 02, 2009
Applicants:

Robert J. Siverson, Fairfield, CT (US);

Greg J. Maynard, Port Washington, NY (US);

Inventors:

Robert J. Siverson, Fairfield, CT (US);

Greg J. Maynard, Port Washington, NY (US);

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

An automated system and method for trading option instruments on an automated exchange comprising a participant system for communicating with an automated exchange system. The disclosed system and method allows a market professional such as a market maker to inactivate the quotes in instruments for a related product while the market maker's quoting engine continues to update the quotes. Also disclosed is a system and method for reducing load on a exchange network in recalculating a best bid and offer price. Disclosed herein is a system and method for maintaining control over professional quotes for the purchase and sale of option instruments for a product in an exchange system.


Find Patent Forward Citations

Siverson, Robert. (2013). Quote inactivation system and method for an automated exchange for trading derivative securities (U.S. Patent No. 8527391). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/8527391

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

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