Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2002-06-11
2009-08-11
Poinvil, Frantzy (Department: 3692)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S038000, C705S03600T, C705S035000
Reexamination Certificate
active
07574395
ABSTRACT:
Systems and methods for providing traders an opportunity to improve prices for an item trading in an active market are provided. After a trader HITS or LIFTS a bid or offer, a market becomes active. When the market is active, traders can submit orders that improve on the price of the current market price of an item. Whenever a price improvement order is currently available for use in a transaction order, a price improvement indicator is displayed to indicate to other traders that price improvement is occurring. When a price improvement order is used to fill a transaction order, a portion of the difference between the market price and the price improvement price may be divided between the trader associated with the price improvement order, the trader associated with the transaction order, and the system host.
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DOW Jumps 25.83 Points, to 2,519.77 Wiggins, Phillip H.. New York Times. (Late Edition (East Coast)). New York, N.Y.: Jul. 29, 1987. p. D.1.
BGC Partners, Inc.
Boundy David E.
Graham Clement B.
Poinvil Frantzy
LandOfFree
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