Invention Grant
- Patent Title: Method and system for providing option spread indicative quotes
- Patent Title (中): 提供期权价差指示性报价的方法和系统
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Application No.: US12505946Application Date: 2009-07-20
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Publication No.: US08306902B2Publication Date: 2012-11-06
- Inventor: Neal Brady , Tom Paronis , Christopher S. Whittington , Paul A. Schmid , Jon Dahl
- Applicant: Neal Brady , Tom Paronis , Christopher S. Whittington , Paul A. Schmid , Jon Dahl
- Applicant Address: US IL Chicago
- Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee Address: US IL Chicago
- Agency: Lempia Summerfield Katz LLC
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A computer network and method for electronically trading combinations of derivatives. One preferred method of trading includes providing quotes information to a central server, and determining indicative quotes for combination trades, and providing the non-binding, indicative quotes to market participants (which typically includes subscribers, but may also include market makers). A participant may then submit an e-RFQ, which is a request for a binding quote for the combination of derivatives. Market Makers may then elect to submit a binding quote for the corresponding derivative combination. Market participants may then elect to enter a binding order.
Public/Granted literature
- US20090299893A1 METHOD AND SYSTEM FOR PROVIDING OPTION SPREAD INDICATIVE QUOTES Public/Granted day:2009-12-03
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