Invention Grant
US08271375B2 System and method for integrating a dark trading facility and a securities exchange
有权
整合黑暗交易设施和证券交易所的制度和方法
- Patent Title: System and method for integrating a dark trading facility and a securities exchange
- Patent Title (中): 整合黑暗交易设施和证券交易所的制度和方法
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Application No.: US12258376Application Date: 2008-10-24
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Publication No.: US08271375B2Publication Date: 2012-09-18
- Inventor: Timothy J. Mahoney , Duncan L. Niederauer
- Applicant: Timothy J. Mahoney , Duncan L. Niederauer
- Applicant Address: US NY New York
- Assignee: NYBX, LLC
- Current Assignee: NYBX, LLC
- Current Assignee Address: US NY New York
- Agency: Wilmer Cutler Pickering Hale and Dorr LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q30/00

Abstract:
A system and method are described for the providing securities exchange members increased liquidity for affecting trades. Securities exchange members will have access to both a Dark Trading Facility and securities exchange for trading. When trading on the security exchange, these members will be able to access the Dark Trading Facility using the security exchange infrastructure. Further, when such members enter orders onto the Dark Trading Facility, they will have access to the security exchange display book from the dark pool of the Dark Trading Facility. The trading transactions executed in the Dark Trading Facility or initiated by the Dark Trading Facility, preferably, are automatic and anonymous.
Public/Granted literature
- US20090210337A1 SYSTEM AND METHOD FOR INTEGRATING A DARK TRADING FACILITY AND A SECURITIES EXCHANGE Public/Granted day:2009-08-20
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