Method for directing and executing certified trading interests

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

C705S035000, C705S03600T

Reexamination Certificate

active

08010438

ABSTRACT:
Preferred embodiments of the subject invention overcome the limitations of known trading interest targeting and execution systems by (1) enabling market participants to limit targeting of trading interests to only those other market participants likely to have a significant contra-interest; (2) enabling market participants to ensure that other market participants' disseminated trading interests are legitimate; and (3) enabling auctions among trading interests targeted and validated in this manner. Software of a preferred embodiment identifies likely contra-interests by analyzing information from various sources regarding certified trading interests. Preferred embodiments that route and otherwise manage orders based on trading interest information are also described.

REFERENCES:
patent: 5136501 (1992-08-01), Silverman et al.
patent: 5689652 (1997-11-01), Lupien et al.
patent: 5717989 (1998-02-01), Tozzoli et al.
patent: 5724524 (1998-03-01), Hunt et al.
patent: 5794207 (1998-08-01), Walker et al.
patent: 5842178 (1998-11-01), Giovannoli
patent: 5845266 (1998-12-01), Lupien et al.
patent: 5873071 (1999-02-01), Ferstenberg et al.
patent: 5924082 (1999-07-01), Silverman et al.
patent: 5950177 (1999-09-01), Lupien et al.
patent: 6236979 (2001-05-01), Kawabata
patent: 6260025 (2001-07-01), Silverman et al.
patent: 6285983 (2001-09-01), Jenkins
patent: 6421653 (2002-07-01), May
patent: 7003486 (2006-02-01), Condamoor et al.
patent: 7136834 (2006-11-01), Merrin et al.
patent: 2002/0035534 (2002-03-01), Buist et al.
patent: 2002/0082967 (2002-06-01), Kaminsky et al.
patent: 2003/0004859 (2003-01-01), Shaw et al.
patent: 2003/0093343 (2003-05-01), Huttenlocher et al.
U.S. Appl. No. 60/133,655.
U.S. Appl. No. 60/202,379.
EP Appln. No. 05729202 Supplementary European Search Report, Feb. 5, 2008.
Domowitz I: “A Taxonomy of Automated Trade Execution Systems”, Journal of International Money and Finance of Butterworth Scientific, Guildford, GB, vol. 12, 1993, pp. 607-632.
PCT/ISA/210 for PCT/US04/19706 dated Dec. 20, 2005.
PCT/ISA/210 for PCT/US07/08745 dated Oct. 18, 2007.
Madden, Bartley J.;Structural Changes in Trading Stocks; The Journal of Portfolio Management; 1993, No. 10093; pp. 19-27.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Method for directing and executing certified trading interests does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Method for directing and executing certified trading interests, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method for directing and executing certified trading interests will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-2657534

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.