Invention Grant
US07769680B2 Apparatus and methods to determine whether an order is a test order
有权
确定订单是否是测试订单的设备和方法
- Patent Title: Apparatus and methods to determine whether an order is a test order
- Patent Title (中): 确定订单是否是测试订单的设备和方法
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Application No.: US12564377Application Date: 2009-09-22
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Publication No.: US07769680B2Publication Date: 2010-08-03
- Inventor: James R. Driscoll , Matthew W. Claus
- Applicant: James R. Driscoll , Matthew W. Claus
- Applicant Address: US DE Wilmington
- Assignee: BGC Partners, Inc.
- Current Assignee: BGC Partners, Inc.
- Current Assignee Address: US DE Wilmington
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
In various embodiments, a data signal is received from a computer system. The data signal includes an order for an instrument and further includes an indicator. The indicator indicates that the order is one of a real order or a test order. The order is a test order. A test order that specifies a bid cannot bind an originator of the test order to tender money. A test order that specifies an offer cannot bind the originator of the test order to tender the instrument. The order is matched to another order. Whether the order is a test order or a real order is determined, based at least in part on the indicator.
Public/Granted literature
- US20100070401A1 APPARATUS AND METHODS TO DETERMINE WHETHER AN ORDER IS A TEST ORDER Public/Granted day:2010-03-18
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