Invention Grant
- Patent Title: Matching techniques for data transaction requests with private attributes
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Application No.: US16514619Application Date: 2019-07-17
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Publication No.: US10535092B2Publication Date: 2020-01-14
- Inventor: Joseph Noviello , Steven Cooper , Leo Golubovsky , Chung-Sin Wang , Jonathan Wakefield
- Applicant: Nasdaq, Inc.
- Applicant Address: US NY New York
- Assignee: NASDAQ, INC.
- Current Assignee: NASDAQ, INC.
- Current Assignee Address: US NY New York
- Agency: Nixon & Vanderhye P.C.
- Main IPC: G06Q30/00
- IPC: G06Q30/00 ; G06F17/30 ; G06Q30/06 ; G06Q40/04 ; G06Q30/08

Abstract:
A computer system is provided that includes a paired list of data transaction requests on which a matching process is performed. There are multiple different types of data transaction requests that are stored in the paired list including data transaction requests with midpoint attributes and data transaction requests with discretion attributes. The computer system may determine how the multiple different types of data transaction requests may be match against each other. Two matching processes can be used to determine if a match exists between the first and second sides of the paired list. Matches that are determined at private values are not disseminated to third-parties via public market data feeds.
Public/Granted literature
- US20190340673A1 MATCHING TECHNIQUES FOR DATA TRANSACTION REQUESTS WITH PRIVATE ATTRIBUTES Public/Granted day:2019-11-07
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