发明名称 System and method for managing the execution of trades between market makers
摘要 According to one embodiment, a method of managing trading is provided. A first bid for a first instrument is received from a first market maker at a first bid price. A first offer for the first instrument is received from a second market maker at a first offer price, the first offer price being lower than the first bid price. As a result of the first offer price being lower than the first bid price, the first bid price is automatically decreased to match the first offer price, and a first timer having a predetermined duration is started. If the first timer expires and both the first bid and the first offer exist at the first offer price when the first timer expires, a trade between the first bid and the first offer is automatically executed.
申请公布号 US2005091142(A1) 申请公布日期 2005.04.28
申请号 US20030694872 申请日期 2003.10.28
申请人 CANTOR INDEX LLC 发明人 RENTON NIGEL J.;SWEETING MICHAEL
分类号 G06Q40/00;G06Q40/04;(IPC1-7):G06F17/60 主分类号 G06Q40/00
代理机构 代理人
主权项
地址