<p>A system for handling quotes in an electronic market is described. The system includes a lock/cross quote detector which determines whether a quote which is entered into the market system would lock or cross other quotes in the market system and a quote formatter that receives quotes that, if entered, would lock or cross the market and reformats the quotes as marketable liability orders. The system includes a routing process that routes reformatted quotes as marketable liability orders to a market participant whose quote was locked or crossed.</p>
申请公布号
WO0122332(A3)
申请公布日期
2002.03.07
申请号
WO2000US26148
申请日期
2000.09.22
申请人
THE NASDAQ STOCK MARKET, INC.;SERKIN, STUART;MALITZIS, JOHN;KETCHUM, RICHARD, G.;MARTYN, PETER
发明人
SERKIN, STUART;MALITZIS, JOHN;KETCHUM, RICHARD, G.;MARTYN, PETER