A benchmark price reflective of trading in a financial instrument for benchmarking sell-side traders performance is provided by calculating based on received trades a buy volume weighted average price and a sell volume weighted average price for every contra-side party trading in a selected security during a period of time. Ineligible contra-parties are filter out from the determined buy and sell volume weighted average prices and the remaining contra-parties are ranked based on the determined volume weighted average prices from best price to worst to produce ranked, buy volume weighted average prices and ranked sell volume weighted average prices.
申请公布号
WO2006032010(A3)
申请公布日期
2007.07.05
申请号
WO2005US33097
申请日期
2005.09.14
申请人
THE NASDAQ STOCK MARKET, INC.;COURBOIS, CLAUDE;KIMSEY, JEFFREY, F.