Invention Grant
US08788397B2 System and method for trading financial instruments based on undisclosed values
有权
基于未披露价值交易金融工具的制度和方法
- Patent Title: System and method for trading financial instruments based on undisclosed values
- Patent Title (中): 基于未披露价值交易金融工具的制度和方法
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Application No.: US13334386Application Date: 2011-12-22
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Publication No.: US08788397B2Publication Date: 2014-07-22
- Inventor: Eric Berger , Christopher James Hodder , David Klein
- Applicant: Eric Berger , Christopher James Hodder , David Klein
- Applicant Address: US NY New York
- Assignee: Bloomberg Finance L.P.
- Current Assignee: Bloomberg Finance L.P.
- Current Assignee Address: US NY New York
- Agency: Frommer Lawrence & Haug LLP
- Agent Frank J. DeRosa
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
In electronic trading venues, there may be orders for which the full information is not publicly displayed. For example, the full quantity of an order available for trading or the most aggressive price at which an order can be traded may not be made public. A system and method are disclosed that facilitates trading based on this non-public information. A first order associated with a financial instrument is placed at a venue to probe for non-public information related to the financial instrument. The results of the probe may then be used to place a second order at the venue that takes advantage of any discovered non-public information.
Public/Granted literature
- US20120095903A1 System and Method for Trading Financial Instruments Based on Undisclosed Values Public/Granted day:2012-04-19
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