Invention Grant
US07882015B2 Block trading system and method providing price improvement to aggressive orders
有权
阻止交易系统和方法提高价格提升到积极的订单
- Patent Title: Block trading system and method providing price improvement to aggressive orders
- Patent Title (中): 阻止交易系统和方法提高价格提升到积极的订单
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Application No.: US12181028Application Date: 2008-07-28
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Publication No.: US07882015B2Publication Date: 2011-02-01
- Inventor: Henri Waelbroeck , Fred J. Federspiel , Andrew Roper , Howard S. Engelhart , Sean Kirkpatrick
- Applicant: Henri Waelbroeck , Fred J. Federspiel , Andrew Roper , Howard S. Engelhart , Sean Kirkpatrick
- Applicant Address: US NY New York
- Assignee: Pipeline Financial Group, Inc.
- Current Assignee: Pipeline Financial Group, Inc.
- Current Assignee Address: US NY New York
- Agency: Cowan, Liebowitz & Latman
- Agent Steven D. Underwood
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
In a trading system for trading securities or the like, Contra Targeting is performed by enabling users to expose the liquidity within their order management system without divulging order management system information to a central trading server. Also, virtual orders can be placed and executed which give users price-time priority on an order without reserving the shares until the moment of execution.
Public/Granted literature
- US20090076961A1 BLOCK TRADING SYSTEM AND METHOD PROVIDING PRICE IMPROVEMENT TO AGGRESSIVE ORDERS Public/Granted day:2009-03-19
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