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.: US12757074Application Date: 2010-04-09
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Publication No.: US08239309B2Publication Date: 2012-08-07
- 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 NY New York
- Assignee: The NASDAQ OMX Group, Inc.
- Current Assignee: The NASDAQ OMX Group, Inc.
- Current Assignee Address: US NY New York
- Agency: Nixon & Vanderhye P.C.
- Main IPC: G06Q40/00
- IPC: G06Q40/00
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
- US20100198745A1 Closing Price Determination for an Automated Market System Public/Granted day:2010-08-05
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