System and method of allocating an incoming order to...

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

C705S037000

Reexamination Certificate

active

07853499

ABSTRACT:
A method of allocating a quantity of an incoming order for a product develops a value that indicates a portion of the incoming order this is to be allocated using a FIFO algorithm and allocates a first portion of the incoming order to standing orders using the FIFO algorithm. The method further allocates a second portion of the incoming order to standing orders using a pro-rata algorithm, wherein the step of allocating the second portion leaves a remaining quantity of the incoming order. In addition, the method allocates the remaining portion to the standing orders using a FIFO algorithm.

REFERENCES:
patent: 5077665 (1991-12-01), Silverman et al.
patent: 2002/0099647 (2002-07-01), Howorka et al.
patent: 2003/0225672 (2003-12-01), Hughes et al.
patent: 2003/0225673 (2003-12-01), Hughes et al.
patent: 2004/0059666 (2004-03-01), Waelbroeck et al.
patent: 2004/0111358 (2004-06-01), Lange et al.
patent: 2004/0210511 (2004-10-01), Waelbroeck et al.
patent: 2005/0154660 (2005-07-01), Sturm et al.
patent: 2005/0171889 (2005-08-01), Daley et al.
patent: 2005/0171890 (2005-08-01), Daley et al.
patent: 2006/0015448 (2006-01-01), Burkhardt et al.
patent: 2006/0036448 (2006-02-01), Haynie et al.
patent: 2006/0106708 (2006-05-01), Abushaban et al.
patent: 2007/0100732 (2007-05-01), Ibbotson et al.
AtosEuronext MarketSolutions, Functional Definition of Liffe Connect, 2005.
International Search Report and Written Opinion in PCT/US08/03538 dated Jun. 12, 2008.
Atos Euronet Market Solutions, “Functional Definition of Liffe Connect®”, Version 9.0, dated 2005, (2 pages).
Chicago Board of Trade, “How the e-cbot® Market Works,” dated 2003, (29 pgs.).
Functional Definition of Liffe Connect, Liffe Connect Version 9.0, Issued Version 2.0 by Nick Bishop/Angela Edwards.
Functional Definition of Liffe Connect for the Chicago Board of Trade, Liffe Connect Version 7.2, Issued Version 1.0.
Functional Definition of Liffe Connect for the Chicago Board of Trade, Liffe Connect Version 7.1. CBOT, Issued Version 2.6, Dec. 2003.

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

System and method of allocating an incoming order to... 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 of allocating an incoming order to..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method of allocating an incoming order to... will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-4209068

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