Invention Grant
- Patent Title: Closing price determination for an automated market system
- Patent Title (中): 自动化市场体系的结算价格决定
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Application No.: US10437416Application Date: 2003-05-12
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Publication No.: US07698193B2Publication Date: 2010-04-13
- Inventor: Thomas J. Davin, III , James T. Platts , James M. Lastoskie , Timothy E. Cox , Michael E. Edleson
- Applicant: Thomas J. Davin, III , James T. Platts , James M. Lastoskie , Timothy E. Cox , Michael E. Edleson
- Applicant Address: US MD Rockville
- Assignee: The Nasdaq OMX Group, Inc.
- Current Assignee: The Nasdaq OMX Group, Inc.
- Current Assignee Address: US MD Rockville
- Agency: Fish & Richardson P.C.
- Main IPC: G06Q99/00
- IPC: G06Q99/00
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.
Public/Granted literature
- US20040230513A1 Closing price determination for an automated market system Public/Granted day:2004-11-18
Information query
