Invention Grant
- Patent Title: Only-at-best trading orders in an electronic trading system
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Application No.: US13532011Application Date: 2012-06-25
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Publication No.: US10346908B2Publication Date: 2019-07-09
- Inventor: Howard W. Lutnick , Kevin M. Foley , Joseph Noviello , Michael Sweeting
- Applicant: Howard W. Lutnick , Kevin M. Foley , Joseph Noviello , Michael Sweeting
- Applicant Address: US NY New York
- Assignee: BGC PARTNERS, INC.
- Current Assignee: BGC PARTNERS, INC.
- Current Assignee Address: US NY New York
- Main IPC: G06Q40/04
- IPC: G06Q40/04 ; G06Q40/00

Abstract:
Systems and methods of trading items on an electronic trading system according to the invention are provided. The embodiments of the invention are based at least in part on a new order type. The new order type is an only at best order type, whereby trades are preferably only executed at the best price the item is being bought or sold.
Public/Granted literature
- US20140040090A1 ONLY-AT-BEST TRADING ORDERS IN AN ELECTRONIC TRADING SYSTEM Public/Granted day:2014-02-06
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