System and method for automated trading

Details System and method for automated trading System and method for automated trading

2003-07-17

2010-02-09

Hamilton, Lalita M (Department: 3691)

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

Automated electrical financial or business practice or...

Finance

C705S035000, C705S03600T

Reexamination Certificate

active

07660761

ABSTRACT:
The present invention relates to systems and methods for automated trading. More particularly, the present invention relates to a system and method for processing trade orders essentially instantaneously and filling trade orders with improvement over the National Best Bid and Offer (NBBO) by internalizing certain customer trade orders.

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NASDAQ: Nasdaq Europe and the Berlin Stock Exchange announce partnership; Both markets to take a significant minority stake in each other's shares; Two step process to create a common trading platform M2 Presswire. Coventry: Nov. 15, 2001. p. 1.
NASD Disciplines Firms and Individuals By Pamela Sebastian Ridge. Wall Street Journal. (Eastern edition). New York, N.Y.: Jul. 30, 2001. p. B.9.A.
Nasdaq Amends New Trading System—Exchange Addresses Opponents' Concerns in Hopes of Pleasing Regulators—‘This Change Emphasizes Choice’ By Greg Ip. Wall Street Journal. (Europe). Brussels: Sep. 29, 2000. p. 24.

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