Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2011-06-21
2011-06-21
Patel, Jagdish N (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000
Reexamination Certificate
active
07966244
ABSTRACT:
A data feed from an electronic exchange carries certain pieces of market information. Software at the trading station receives the data feed and computes an effective bid price and/or an effective ask price based on a particular quantity to trade. Then, the effective bid price and/or effective ask price are indicated to the user. An effective bid price is an average price at which a certain quantity could be sold based on current market conditions. An effective ask price is an average price at which a certain quantity could be bought based on current market conditions. Depending on the available quantities in the market, the effective prices may represent spreads different from the actual spread of the inside market. Additionally, a derivative of price, such as yield, may be used to compute other types of effective bid and/or ask information.
REFERENCES:
patent: 5845266 (1998-12-01), Lupien et al.
patent: 5924083 (1999-07-01), Silverman et al.
patent: 6408282 (2002-06-01), Buist
patent: 6772132 (2004-08-01), Kemp, II et al.
patent: 6993504 (2006-01-01), Friesen et al.
patent: 7127424 (2006-10-01), Kemp et al.
patent: 7177833 (2007-02-01), Marynowski et al.
patent: 7228289 (2007-06-01), Brumfield et al.
patent: 7243083 (2007-07-01), Burns et al.
patent: 7308428 (2007-12-01), Federspiel et al.
patent: 7315835 (2008-01-01), Takayasu et al.
patent: 7389268 (2008-06-01), Kemp, II et al.
patent: 7584130 (2009-09-01), Schluetter
patent: 7603290 (2009-10-01), Tenorio
patent: 7650305 (2010-01-01), Tenorio
patent: 7720742 (2010-05-01), Mauro et al.
patent: 7792735 (2010-09-01), Schluetter
patent: 7827091 (2010-11-01), Cutler et al.
patent: 2001/0014874 (2001-08-01), Iida et al.
patent: 2002/0055899 (2002-05-01), Williams
patent: 2002/0082849 (2002-06-01), Tenorio
patent: 2002/0099644 (2002-07-01), Kemp et al.
patent: 2002/0111896 (2002-08-01), Ben-Levy et al.
patent: 2002/0178105 (2002-11-01), Levine
patent: 2003/0004852 (2003-01-01), Burns
patent: 2003/0009411 (2003-01-01), Ram et al.
patent: 2003/0023542 (2003-01-01), Kemp, II et al.
patent: 2003/0069834 (2003-04-01), Cutler
patent: 2003/0074292 (2003-04-01), Masuda
patent: 2003/0200167 (2003-10-01), Kemp et al.
patent: 2003/0225628 (2003-12-01), Sandholm et al.
patent: 2003/0236737 (2003-12-01), Kemp et al.
patent: 2004/0117292 (2004-06-01), Brumfield et al.
patent: 2004/0193524 (2004-09-01), Almeida et al.
patent: 2005/0228735 (2005-10-01), Duquette
patent: 2007/0118463 (2007-05-01), Avery
patent: 2010/0211523 (2010-08-01), Schluetter
OM Gruppen AB, “The OM Click Trade User's Guide—for Windows NT”, Apr. 1995.
Buck, U.S. Appl. No. 11/415,376, filed May 1, 2006.
Bartley Kenneth
McDonnell Boehnen & Hulbert & Berghoff LLP
Patel Jagdish N
Trading Technologies International Inc.
LandOfFree
System and method for computing and displaying effective bid... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with System and method for computing and displaying effective bid..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for computing and displaying effective bid... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-2637005