BLOCK TRADING SYSTEM AND METHOD PROVIDING PRICE IMPROVEMENT TO AGGRESSIVE ORDERS
摘要
In a trading system for trading securities or the like, Contra Targeting is performed by enabling users to expose the liquidity within their order management system without divulging order management system information to a central trading server. Also, virtual orders can be placed and executed which give users price-time priority on an order without reserving the shares until the moment of execution.
申请公布号
WO2009015387(A2)
申请公布日期
2009.01.29
申请号
WO2008US71363
申请日期
2008.07.28
申请人
PIPELINE FINANCIAL GROUP, INC.;WAELBROECK, HENRI;FEDERSPIEL, FRED, J.;ROPER, ANDREW;ENGELHART, HOWARD;KIRKPATRICK, SEAN
发明人
WAELBROECK, HENRI;FEDERSPIEL, FRED, J.;ROPER, ANDREW;ENGELHART, HOWARD;KIRKPATRICK, SEAN