公开(公告)号：US07801795B2

公开(公告)日：2010-09-21

申请号：US10274287

申请日：2002-10-18

申请人： Adam Nunes ,  Daniel F. Moore ,  Mark Denat ,  John Malitzis ,  Karen Peterson ,  Anna Ewing ,  Steven J. Randich ,  Richard G. Ketchum ,  Dean Furbush ,  Christopher Folkemer

发明人： Adam Nunes ,  Daniel F. Moore ,  Mark Denat ,  John Malitzis ,  Karen Peterson ,  Anna Ewing ,  Steven J. Randich ,  Richard G. Ketchum ,  Dean Furbush ,  Christopher Folkemer

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q30/0627 ,  G06Q30/0641 ,  G06Q40/00 ,  G06Q40/06

摘要： A method for trading a security in an electronic market includes entering an order at a client station for executing against any market participant that can at least in part satisfy the order, and matching the entered order at a server system against interest in the market based on how the market participant participates in the market with a portion of the interest in the market being prioritized according to price priority among displayed quotes/orders of market makers, ECNs that do not charge a separate quote-access fee, and non-attributable agency orders of UTP Exchanges, and subsequently by displayed quotes/orders of ECNs that charge a separate quote-access fee, with the quotes/orders of the ECNs that charge a separate quote-access fee being ranked by the amount of the quote-access fee charged.

摘要翻译： 一种用于交易电子市场中的证券的方法包括：在客户端进行订单，以针对至少部分满足订单的任何市场参与者执行，并且根据服务器系统的输入订单与市场中的利益进行匹配，基于 市场参与者如何参与市场，市场利益的一部分按照优先考虑的价格优先于市场制造商的显示报价/订单，不收取单独报价的ECN和非归属代理订单 的UTP交易所，随后通过显示收取单独报价访问费的ECN的报价/订单，ECN的报价/订单收取单独的报价访问费，按照收取的报价访问费的金额排序 。

公开(公告)号：US07406444B2

公开(公告)日：2008-07-29

申请号：US10267018

申请日：2002-10-08

申请人： Yek Kwong Eng ,  Michael Edleson ,  Daniel F. Moore ,  John T. Hughes, Jr. ,  Christopher Folkemer

发明人： Yek Kwong Eng ,  Michael Edleson ,  Daniel F. Moore ,  John T. Hughes, Jr. ,  Christopher Folkemer

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q30/0627 ,  G06Q30/0641 ,  G06Q40/00 ,  G06Q40/06

摘要： A method for trading a security in an electronic market includes entering an order at a client station for executing against any market participant that can at least in part satisfy the order, determining a threshold for executing the entered order based on an inside price of the security in the electronic market, matching a portion of the entered order at a server system against interest in the market that does not exceed the determined threshold, and returning any unmatched portion of the entered order that can not be matched by the interest in the market without exceeding the determined threshold.

摘要翻译： 一种用于交易电子市场中的证券的方法包括：在客户端处输入订单，以执行任何市场参与者，所述市场参与者至少能够至少部分地满足订单，根据该证券的内部价格确定执行输入订单的阈值 在电子市场中，将服务器系统中输入的订单的一部分与市场上没有超过确定的阈值的利益相匹配，并返回与市场利益无法匹配的输入订单的任何不匹配的部分，而没有 超过确定的阈值。