Securities pricing system

Details Securities pricing system Securities pricing system

2008-01-01

2008-01-01

Patel, Jagdish (Department: 3693)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S035000, C705S03600T

Reexamination Certificate

active

09961026

ABSTRACT:
A system for adjusting a price for a security, the price having a spread, and including a pricing engine for providing to a client a price quote for the security. Also included is a past trades database for storing at least one past trade executed by the client. A price adjustment module in communications with the pricing engine is included for adjusting the spread provided to the client based on the at least one past trade.

REFERENCES:
patent: 3716835 (1973-02-01), Weinberg et al.
patent: 4473824 (1984-09-01), Claytor
patent: 4674044 (1987-06-01), Kalmus et al.
patent: 2003/0009412 (2003-01-01), Furbush et al.
patent: 2003/0009413 (2003-01-01), Furbush et al.
patent: 2003/0009414 (2003-01-01), Furbush et al.
Ananth Madhavan, “Trading Mechanisms in Securities Markets,” The Journal of Finance, vol. 47, No. 2. (Jun. 1992), pp. 607-641.
Mark D. Flood et al., “Quote Disclosure and Price Discovery in Multiple-Dealer Finacial Markets,” The Review of Financial Studies, vol. 12, No. 1. (Spring, 1999), pp. 37-59.

Affiliated with

Also associated with

Rating

Securities pricing system does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Securities pricing system, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Securities pricing system will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-3910896