Invention Grant
US07890411B2 Trading actual shares of a security in a round-lot-based system
有权
在一个基于批次的系统中交易安全的实际份额
- Patent Title: Trading actual shares of a security in a round-lot-based system
- Patent Title (中): 在一个基于批次的系统中交易安全的实际份额
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Application No.: US10206397Application Date: 2002-07-25
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Publication No.: US07890411B2Publication Date: 2011-02-15
- Inventor: Daniel F. Moore , John T. Hughes, Jr. , Bruce E. Friedman , Peter J Martyn
- Applicant: Daniel F. Moore , John T. Hughes, Jr. , Bruce E. Friedman , Peter J Martyn
- 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: G06Q40/00
- IPC: G06Q40/00
Abstract:
A round-lot-based system for trading of securities includes a plurality of client stations for entering quotes for securities and a server process. The system receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The system uses a graphical user that depicts aggregated quotes in an aggregate window, and a plurality of price levels of a product traded in the market. The system also aggregates round, odd, and/or mixed lot orders into an aggregate of actual shares. The aggregate of actual shares may be placed on a book and rounded down to the nearest round lot for displaying on the round-lot-based system.
Public/Granted literature
- US20040024681A1 Trading actual shares of a security in a round-lot-based system Public/Granted day:2004-02-05
Information query
