WO2006121687A3 - Reprice-to-block order - Google Patents

Reprice-to-block order Download PDF

Info

Publication number
WO2006121687A3
WO2006121687A3 PCT/US2006/016683 US2006016683W WO2006121687A3 WO 2006121687 A3 WO2006121687 A3 WO 2006121687A3 US 2006016683 W US2006016683 W US 2006016683W WO 2006121687 A3 WO2006121687 A3 WO 2006121687A3
Authority
WO
WIPO (PCT)
Prior art keywords
reprice
block order
order
block
posted
Prior art date
Application number
PCT/US2006/016683
Other languages
French (fr)
Other versions
WO2006121687A2 (en
Inventor
Paul D Adcock
Michael A Cormack
Thomas F Haller
Robert A Hill
Original Assignee
Archipelago Holdings Inc
Paul D Adcock
Michael A Cormack
Thomas F Haller
Robert A Hill
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Archipelago Holdings Inc, Paul D Adcock, Michael A Cormack, Thomas F Haller, Robert A Hill filed Critical Archipelago Holdings Inc
Priority to AU2006244562A priority Critical patent/AU2006244562B2/en
Priority to JP2008510109A priority patent/JP2008541230A/en
Publication of WO2006121687A2 publication Critical patent/WO2006121687A2/en
Publication of WO2006121687A3 publication Critical patent/WO2006121687A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/0601—Electronic shopping [e-shopping]
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

A reprice-to-block order and related market center and process are disclosed which automatically reprice a posted limit order to the price of a block trade executed at an inferior price on a market away from the market center that posted the limit order.
PCT/US2006/016683 2005-05-05 2006-05-02 Reprice-to-block order WO2006121687A2 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
AU2006244562A AU2006244562B2 (en) 2005-05-05 2006-05-02 Reprice-to-block order
JP2008510109A JP2008541230A (en) 2005-05-05 2006-05-02 Order for price revision to large-scale

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US67810805P 2005-05-05 2005-05-05
US60/678,108 2005-05-05

Publications (2)

Publication Number Publication Date
WO2006121687A2 WO2006121687A2 (en) 2006-11-16
WO2006121687A3 true WO2006121687A3 (en) 2007-11-22

Family

ID=37397072

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2006/016683 WO2006121687A2 (en) 2005-05-05 2006-05-02 Reprice-to-block order

Country Status (4)

Country Link
US (3) US7877316B2 (en)
JP (1) JP2008541230A (en)
AU (1) AU2006244562B2 (en)
WO (1) WO2006121687A2 (en)

Families Citing this family (34)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US8738498B2 (en) 2004-01-29 2014-05-27 Bgc Partners, Inc. System and method for routing a trading order
US10304097B2 (en) 2004-01-29 2019-05-28 Bgc Partners, Inc. System and method for controlling the disclosure of a trading order
WO2006121792A2 (en) 2005-05-05 2006-11-16 Archipelago Holdings, Inc. Unpriced order auction and routing
AU2006244562B2 (en) 2005-05-05 2012-05-17 Nyse Group, Inc. Reprice-to-block order
AU2006244563B2 (en) 2005-05-05 2011-07-21 Nyse Group, Inc. Anti-internalization order modifier
AU2006244483B2 (en) 2005-05-05 2012-05-31 Nyse Group, Inc. Tracking liquidity order
US7765137B1 (en) 2005-05-05 2010-07-27 Archipelago Holdings, Inc. Method and system for maintaining an order on a selected market center
US7840477B2 (en) 2005-06-07 2010-11-23 Bgc Partners, Inc. System and method for routing a trading order based upon quantity
US8484122B2 (en) 2005-08-04 2013-07-09 Bgc Partners, Inc. System and method for apportioning trading orders based on size of displayed quantities
US8494951B2 (en) 2005-08-05 2013-07-23 Bgc Partners, Inc. Matching of trading orders based on priority
WO2007038084A2 (en) 2005-09-23 2007-04-05 Archipelago Holdings, Inc. Directed order
US7979339B2 (en) 2006-04-04 2011-07-12 Bgc Partners, Inc. System and method for optimizing execution of trading orders
US8001036B2 (en) * 2006-05-30 2011-08-16 Altex-Ats Ltd System for matching orders for futures contracts which facilitate electronic trading of over the counter futures contracts
WO2008027124A2 (en) 2006-07-28 2008-03-06 Archipelago Holdings, Inc. Routing of orders in equity options by means of a parameterized rules-based routing table
WO2008083383A2 (en) 2006-12-30 2008-07-10 Cfph, Llc Methods and systems for managing and trading using a shared order book as internal exchange
US20100145843A1 (en) * 2008-12-09 2010-06-10 Tradehelm, Inc. Method and apparatus for pricing trade orders to one side of a market center order book
US20120089502A1 (en) * 2010-10-12 2012-04-12 Dix Adam E Method and system for routing ioi's and trade orders
US10354325B1 (en) 2013-06-28 2019-07-16 Winklevoss Ip, Llc Computer-generated graphical user interface
US10269009B1 (en) 2013-06-28 2019-04-23 Winklevoss Ip, Llc Systems, methods, and program products for a digital math-based asset exchange
US9898782B1 (en) 2013-06-28 2018-02-20 Winklevoss Ip, Llc Systems, methods, and program products for operating exchange traded products holding digital math-based assets
US10360629B2 (en) * 2016-12-19 2019-07-23 The Bartley J. Madden Foundation Volume attentive trade liquidity builder
US10504180B2 (en) 2016-12-19 2019-12-10 The Bartley J. Madden Foundation Volume attentive trade liquidity builder
US11139955B1 (en) 2018-02-12 2021-10-05 Winklevoss Ip, Llc Systems, methods, and program products for loaning digital assets and for depositing, holding and/or distributing collateral as a token in the form of digital assets on an underlying blockchain
US11308487B1 (en) 2018-02-12 2022-04-19 Gemini Ip, Llc System, method and program product for obtaining digital assets
US11475442B1 (en) 2018-02-12 2022-10-18 Gemini Ip, Llc System, method and program product for modifying a supply of stable value digital asset tokens
US10373158B1 (en) 2018-02-12 2019-08-06 Winklevoss Ip, Llc System, method and program product for modifying a supply of stable value digital asset tokens
US10438290B1 (en) 2018-03-05 2019-10-08 Winklevoss Ip, Llc System, method and program product for generating and utilizing stable value digital assets
US10540654B1 (en) 2018-02-12 2020-01-21 Winklevoss Ip, Llc System, method and program product for generating and utilizing stable value digital assets
US11909860B1 (en) 2018-02-12 2024-02-20 Gemini Ip, Llc Systems, methods, and program products for loaning digital assets and for depositing, holding and/or distributing collateral as a token in the form of digital assets on an underlying blockchain
US11200569B1 (en) 2018-02-12 2021-12-14 Winklevoss Ip, Llc System, method and program product for making payments using fiat-backed digital assets
US11522700B1 (en) 2018-02-12 2022-12-06 Gemini Ip, Llc Systems, methods, and program products for depositing, holding and/or distributing collateral as a token in the form of digital assets on an underlying blockchain
US11334883B1 (en) 2018-03-05 2022-05-17 Gemini Ip, Llc Systems, methods, and program products for modifying the supply, depositing, holding and/or distributing collateral as a stable value token in the form of digital assets
US11501370B1 (en) 2019-06-17 2022-11-15 Gemini Ip, Llc Systems, methods, and program products for non-custodial trading of digital assets on a digital asset exchange
US11354741B1 (en) 2021-02-15 2022-06-07 Chicago Mercantile Exchange Inc. User interface enabling unconstrained data inputs to a constrained system

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20020010672A1 (en) * 2000-06-01 2002-01-24 Henri Waelbroeck Method for directing and executing certified trading interests
US20040177026A1 (en) * 2002-12-09 2004-09-09 Sam Balabon System and method for trading above or below the market
US20040210511A1 (en) * 2000-06-01 2004-10-21 Henri Waelbroeck Block trading system and method providing price improvement to aggressive orders

Family Cites Families (180)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5101353A (en) 1989-05-31 1992-03-31 Lattice Investments, Inc. Automated system for providing liquidity to securities markets
US5560580A (en) 1993-07-28 1996-10-01 Almoslino; Hans Decorative covering for shelf brackets and standards
US5845266A (en) 1995-12-12 1998-12-01 Optimark Technologies, Inc. Crossing network utilizing satisfaction density profile with price discovery features
IL117424A (en) 1995-04-27 1999-09-22 Optimark Tech Inc Crossing network utilizing satisfaction density profile
US20030009404A2 (en) 1995-10-12 2003-01-09 Mopex, Inc. Open end mutual fund securitization process
US5950176A (en) 1996-03-25 1999-09-07 Hsx, Inc. Computer-implemented securities trading system with a virtual specialist function
US6505174B1 (en) 1996-03-25 2003-01-07 Hsx, Inc. Computer-implemented securities trading system with a virtual specialist function
US5905974A (en) 1996-12-13 1999-05-18 Cantor Fitzgerald Securities Automated auction protocol processor
US6850907B2 (en) 1996-12-13 2005-02-01 Cantor Fitzgerald, L.P. Automated price improvement protocol processor
US6343278B1 (en) 1998-09-04 2002-01-29 Ebs Dealing Resources, Inc. Combined order limit for a group of related transactions in an automated dealing system
US6618707B1 (en) 1998-11-03 2003-09-09 International Securities Exchange, Inc. Automated exchange for trading derivative securities
US6405180B2 (en) 1998-11-05 2002-06-11 International Securities Exchange, Llc Automated exchange for matching bids between a party and a counterparty based on a relationship between the counterparty and the exchange
US6377940B2 (en) 1998-11-05 2002-04-23 International Securities Exchange, Llc Method and apparatus for setting a price for a security on an automated exchange based on a comparison of prices on other exchanges
US6408282B1 (en) 1999-03-01 2002-06-18 Wit Capital Corp. System and method for conducting securities transactions over a computer network
US7617144B2 (en) 1999-03-19 2009-11-10 Primex Holdings Llc Auction market with price improvement mechanism
US6278982B1 (en) 1999-04-21 2001-08-21 Lava Trading Inc. Securities trading system for consolidation of trading on multiple ECNS and electronic exchanges
US6714948B1 (en) 1999-04-29 2004-03-30 Charles Schwab & Co., Inc. Method and system for rapidly generating identifiers for records of a database
AU5909800A (en) 1999-07-01 2001-01-22 Globenet Capital Corporation Method and apparatus for processing securities transactions
US20030040955A1 (en) 1999-07-02 2003-02-27 The Nasdaq Stock Market, Inc., A Delaware Corporation Market monitoring architecture for detecting alert conditions
US7996296B2 (en) 1999-07-21 2011-08-09 Longitude Llc Digital options having demand-based, adjustable returns, and trading exchange therefor
US7225153B2 (en) 1999-07-21 2007-05-29 Longitude Llc Digital options having demand-based, adjustable returns, and trading exchange therefor
US6832210B1 (en) 1999-08-16 2004-12-14 Westport Financial Llc Market neutral pairtrade model
US20030093343A1 (en) 1999-08-31 2003-05-15 Sidley Austin Brown & Wood Llp Dynamic order visibility system for the trading of assets
US7099839B2 (en) 1999-09-08 2006-08-29 Primex Holdings, Llc Opening price process for trading system
AU7705200A (en) 1999-09-20 2001-04-24 Ethentica, Inc. Context sensitive dynamic authentication in a cryptographic system
US8239303B2 (en) 1999-09-23 2012-08-07 The Nasdaq Omx Group, Inc. Match-off of order flow in electronic market system
US7209896B1 (en) 1999-09-23 2007-04-24 The Nasdaq Stock Market, Inc. Locked/crossed quote handling
US7035819B1 (en) 1999-09-24 2006-04-25 D.E. Shaw & Company Method and system for facilitating automated interaction of marketable retail orders and professional trading interest at passively determined prices
US6505175B1 (en) 1999-10-06 2003-01-07 Goldman, Sachs & Co. Order centric tracking system
US6615188B1 (en) 1999-10-14 2003-09-02 Freedom Investments, Inc. Online trade aggregating system
US7246090B1 (en) 1999-10-25 2007-07-17 Measuredmarkets Inc. Method for detecting aberrant behavior of a financial instrument
US7356498B2 (en) 1999-12-30 2008-04-08 Chicago Board Options Exchange, Incorporated Automated trading exchange system having integrated quote risk monitoring and integrated quote modification services
US7430533B1 (en) 2000-01-11 2008-09-30 Itg Software Solutions, Inc. Automated batch auctions in conjunction with continuous financial markets
US7613647B1 (en) * 2000-01-19 2009-11-03 Itg Software Solutions, Inc. System and method for executing strategy security trading
US7162447B1 (en) 2000-02-02 2007-01-09 Itg Software Solutions, Inc. Method and system for obtaining a discovered price
SE0000385D0 (en) 2000-02-07 2000-02-07 Om Technology Ab A trading system
US20010037284A1 (en) 2000-03-27 2001-11-01 Finkelstein Ephraim Brian Negotiated right exchange system and method
US7308428B1 (en) 2000-03-30 2007-12-11 Pipeline Financial Group, Inc. System and method for displaying market information
US7472087B2 (en) 2000-04-10 2008-12-30 Stikine Technology, Llc Trading program for interacting with market programs on a platform
US7792733B1 (en) * 2000-04-10 2010-09-07 Christopher Keith Automated synchronization of orders represented in multiple markets
US7383220B1 (en) 2000-04-10 2008-06-03 Stikine Technology, Llc Automated short term option order processing
US7467110B2 (en) 2000-05-01 2008-12-16 The Olsen Group Method for market making
WO2001090925A2 (en) 2000-05-25 2001-11-29 Tradescape Technologies, L.L.C. Solutions server
US7685052B2 (en) * 2000-06-01 2010-03-23 Pipeline Financial Group, Inc. Confidential block trading system and method
US7184982B1 (en) 2000-06-23 2007-02-27 Ebs Group Limited Architecture for anonymous trading system
US7925566B1 (en) 2000-07-17 2011-04-12 Ubs Financial Services, Inc. System and method for trading fixed income financial instruments
US6829589B1 (en) 2000-07-21 2004-12-07 Stc, Llc Method and apparatus for stock and index option price improvement, participation, and internalization
US7516097B2 (en) 2000-08-04 2009-04-07 Bgc Partners, Inc. Systems and methods for anonymous electronic trading
GB0024671D0 (en) 2000-10-09 2000-11-22 Wm Company The Plc Apparatus and methods for handling trading data
US7599869B2 (en) 2000-10-11 2009-10-06 Charles Schwab & Co. Pre-trade compliance checking in a portfolio management system
WO2002037390A2 (en) 2000-10-30 2002-05-10 Liquidity Direct Technology Network and method for trading derivatives
US7389257B2 (en) 2000-11-22 2008-06-17 Charles Schwab & Co., Inc. System and method for automated documentation for solicited trades
US7242669B2 (en) 2000-12-04 2007-07-10 E*Trade Financial Corporation Method and system for multi-path routing of electronic orders for securities
US7444301B2 (en) 2001-01-05 2008-10-28 Incapital Holdings Llc Method and system for enhanced distribution of financial instruments
US7249086B2 (en) 2001-01-11 2007-07-24 The Nasdaq Stock Market, Inc. Arbitrage of tracking securities
US20020120511A1 (en) 2001-01-30 2002-08-29 Maritz Inc. System and method for print-on-demand electronic awards for motivation programs
WO2002069112A2 (en) 2001-02-26 2002-09-06 Richard Himmelstein Electronic bartering system with facilitating tools
AU2002252187A1 (en) 2001-02-28 2002-09-12 Jonathan Slone International trading of securities
US8145557B2 (en) 2001-03-30 2012-03-27 Bgc Partners, Inc. Bid/offer spread trading
US6983260B2 (en) 2001-04-06 2006-01-03 Omx Technology Ab Automated exchange system for trading orders having a hidden volume
US20040243128A1 (en) 2001-05-17 2004-12-02 Howland Robert S. Selective axis posterior lumbar spinal plating fixation apparatus and methods for use
US20020184135A1 (en) 2001-05-29 2002-12-05 Deere & Company, A Delaware Corporation Computer-implemented equipment brokering method and system
US7558753B2 (en) 2001-05-30 2009-07-07 Morgan Stanley Price improvement crossing system
US20020198815A1 (en) 2001-06-26 2002-12-26 Robert Greifeld System and process for providing institutional directed sponsored trading
US7653584B2 (en) 2001-06-29 2010-01-26 Chicago Board Options Exchange, Incorporated Automated execution system having participation
US8296216B2 (en) 2001-07-09 2012-10-23 The Nasdaq Omx Group, Inc. Directed order processing for automated market system
US20030009413A1 (en) 2001-07-09 2003-01-09 Dean Furbush Automated market system preferenced orders
US8301539B2 (en) 2001-07-09 2012-10-30 The Nasdaq Omx Group, Inc. Order processing for automated market system
US7401046B2 (en) 2001-07-25 2008-07-15 Chicago Board Options Exchange System and method for displaying option market information
US20030041006A1 (en) 2001-08-21 2003-02-27 John Bunda Methods and systems for suppression of stale or invalid data in a securities quotation display
US20030083974A1 (en) 2001-10-26 2003-05-01 John Bunda Method and system for managing display of quotes for securities from multiple sources
SE0103642D0 (en) 2001-11-01 2001-11-01 Om Technology Ab A method and a system for improved trading of options and futures and combinations thereof
GB2398147A (en) 2001-11-07 2004-08-11 Bloomberg Lp Automated trading of financial interests
US20030172024A1 (en) 2001-11-14 2003-09-11 Christopher Kokis Trade profiler
US7565313B2 (en) * 2001-12-05 2009-07-21 Pipeline Financial Group, Inc. Method and system for managing distributed trading data
US8560425B2 (en) 2001-12-10 2013-10-15 Jpmorgan Chase Bank, N.A. Method and system for adding liquidity to alternative investment transactions
US7685050B2 (en) 2001-12-13 2010-03-23 Bgc Partners, Inc. Systems and methods for improving the liquidity and distribution network for luxury and other illiquid items
EP1321870A1 (en) 2001-12-14 2003-06-25 Deutsche Börse Ag Integrated order pre-matching system
US20030120585A1 (en) * 2001-12-21 2003-06-26 Richard Rosenblatt Confidential electronic trading and matching system incorporating execution via an auction market
US7711627B2 (en) 2002-01-07 2010-05-04 Bgc Partners, Inc. Methods and systems for providing crossing markets
US7587346B2 (en) 2002-01-07 2009-09-08 The Nasdaq Omx Group, Inc. Automated market system with selectable match-off of order flow
US20030130926A1 (en) 2002-01-07 2003-07-10 Moore Daniel F. Order processing for automated market system
US7406447B2 (en) 2002-01-14 2008-07-29 The Nasdaq Omx Group, Inc. Opening price process for trading system
US20030191703A1 (en) 2002-02-01 2003-10-09 Ubs Painewebber Inc. Method and system for providing interested party access to aggregated accounts information
US8332303B2 (en) 2002-03-15 2012-12-11 Goldman, Sachs & Co. Method and apparatus for monitoring and evaluating trade activity
US7895112B2 (en) 2002-06-05 2011-02-22 The Nasdaq Omx Group, Inc. Order book process and method
US20050160024A1 (en) 2002-06-07 2005-07-21 Side By Side Trading, Inc. Automated system for aggregated price discovery and electronic trading of linked cash/cash equivalent and their derivative asset packages
US20030233307A1 (en) 2002-06-14 2003-12-18 Diarmuid Salvadori System and method for exchange and transaction processing for fixed income securities trading
JP4452179B2 (en) 2002-07-17 2010-04-21 ユービーエス エージー Computer-implemented automated trading system
US8041624B2 (en) 2002-09-18 2011-10-18 Goldman Sachs & Co. Method and apparatus for monitoring and evaluating limit order trading
JP2006508428A (en) 2002-10-15 2006-03-09 シカゴ マーカンタイル エクスチェンジ，インク． Network and method for trading derivatives with enhanced RFQ visibility
US7584140B2 (en) 2003-10-15 2009-09-01 Chicago Mercantille Exchange, Inc. Method and system for providing option spread indicative quotes
US8055572B2 (en) 2002-10-29 2011-11-08 Ebs Group Limited Anonymous trading system
WO2004042514A2 (en) 2002-10-30 2004-05-21 Boston Options Exchange Group, Llc Price improvement processor for electronic trading of financial instruments
US7752116B2 (en) 2002-10-30 2010-07-06 Nasdaq Liffe Markets, Llc Liquidity engine for futures trading exchange
EP1422641A1 (en) 2002-11-25 2004-05-26 Deutsche Börse Ag Market data filtering and processing system and method
US8484121B2 (en) * 2002-12-09 2013-07-09 Sam Balabon System and method for execution delayed trading
WO2004061618A2 (en) 2003-01-02 2004-07-22 Electronic Broking Services Limited Method and apparatus for deriving benchmarks for trading instruments
US7693775B2 (en) 2003-01-21 2010-04-06 Lavaflow, Inc. Automated system for routing orders for financial instruments based upon undisclosed liquidity
US7680722B2 (en) 2003-03-03 2010-03-16 Itg Software Solutions, Inc. Dynamic aggressive/passive pegged trading
US20040236669A1 (en) 2003-04-18 2004-11-25 Trade Robot Limited Method and system for automated electronic trading in financial matters
US7613650B2 (en) 2003-04-24 2009-11-03 Chicago Board Options Exchange, Incorporated Hybrid trading system for concurrently trading securities or derivatives through both electronic and open-outcry trading mechanisms
US7552083B2 (en) 2003-04-24 2009-06-23 Chicago Board Options Exchange, Incorporated Hybrid trading system for concurrently trading through both electronic and open-outcry trading mechanisms
US20040225592A1 (en) 2003-05-08 2004-11-11 Churquina Eduardo Enrique Computer Implemented Method and System of Trading Indicators Based on Price and Volume
US20040236662A1 (en) 2003-05-20 2004-11-25 Korhammer Richard A. Automated system for routing orders for financial instruments among permissioned users
US7437326B2 (en) 2003-06-02 2008-10-14 Fmr Corp. Securities trading simulation
WO2005003905A2 (en) 2003-06-25 2005-01-13 Newriver, Inc. Method for creating and delivering customized compliance information
AU2003247878A1 (en) 2003-06-27 2005-02-14 Bear, Stearns And Co, Inc. Method and system for initiating pairs trading across multiple markets having automatic foreign exchange price hedge
US20050010481A1 (en) 2003-07-08 2005-01-13 Lutnick Howard W. Systems and methods for improving the liquidity and distribution network for illiquid items
US7761363B2 (en) 2003-10-08 2010-07-20 Fx Alliance, Llc Internal trade requirement order management and execution system
US7831491B2 (en) 2003-11-05 2010-11-09 Chicago Mercantile Exchange Inc. Market data message format
US20050096999A1 (en) 2003-11-05 2005-05-05 Chicago Mercantile Exchange Trade engine processing of mass quote messages and resulting production of market data
SG132686A1 (en) 2003-11-26 2007-06-28 Fx Alliance Llc Quick-filling customer asset trading system
US20060136318A1 (en) 2004-01-21 2006-06-22 Lava Trading Inc. Automated system for routing orders for financial instruments
US20050171890A1 (en) 2004-01-29 2005-08-04 Daley Thomas J. System and method for matching trading orders
US10304097B2 (en) 2004-01-29 2019-05-28 Bgc Partners, Inc. System and method for controlling the disclosure of a trading order
US20050171887A1 (en) 2004-01-29 2005-08-04 Daley Thomas J. System and method for avoiding transaction costs associated with trading orders
US7835987B2 (en) 2004-01-29 2010-11-16 Bgc Partners, Inc. System and method for routing a trading order according to price
US8738498B2 (en) 2004-01-29 2014-05-27 Bgc Partners, Inc. System and method for routing a trading order
US20050222936A1 (en) 2004-03-31 2005-10-06 Lava Trading Inc. Cross-trading system
US20050228739A1 (en) 2004-04-08 2005-10-13 Hotspot Fx Inc. Financial instrument trading system, method and computer program product
GB2413199A (en) * 2004-04-15 2005-10-19 Ebs Group Ltd Electronic trading system using credit tiers
EP1589450A1 (en) 2004-04-23 2005-10-26 Deutsche Börse Ag Integrated order matching system combining visible and hidden parameters
US7647264B2 (en) 2004-04-28 2010-01-12 The Nasdaq Omx Group, Inc. Closing in an electronic market
SG117571A1 (en) 2004-05-11 2005-12-29 Ebs Group Ltd Price display in an anonymous trading system
JP2008502081A (en) 2004-06-07 2008-01-24 シーエフピーエイチ， エル．エル．シー． System and method for managing financial market information
US20050273407A1 (en) 2004-06-08 2005-12-08 Black Richard K Methods and apparatus for managing a plurality of investments
US20050273419A1 (en) 2004-06-08 2005-12-08 Lava Trading Inc. Method for executing block orders of commodities
US20050283427A1 (en) 2004-06-21 2005-12-22 Fx Engines, Inc. Automated trading system and software for financial markets
US20050283415A1 (en) 2004-06-22 2005-12-22 Chicago Mercantile Exchange System and method for displaying market data including last trade data
US20050289042A1 (en) * 2004-06-24 2005-12-29 Friesen Richard W Auction merger system
US7271574B2 (en) 2004-07-12 2007-09-18 Intematix Corporation Evanescent microwave probe with enhanced resolution and sensitivity
US7652703B2 (en) 2004-07-12 2010-01-26 Micron Technology, Inc. Dual panel pixel readout in an imager
US8200568B2 (en) 2004-07-21 2012-06-12 Bgc Partners, Inc. System and method for managing trading orders received from market makers
US20060021293A1 (en) 2004-07-30 2006-02-02 Arpac. L.P. Movable U-bar sealing device and a method for shrink wrapping a load with a flexible material
WO2006016685A1 (en) 2004-08-11 2006-02-16 Ajinomoto Co., Inc. Method for producing capsinoid-containing microcapsule
JP2006052307A (en) 2004-08-11 2006-02-23 Toyo Seikan Kaisha Ltd Polyester resin for compression molding, method for producing preform and preform
WO2006016684A1 (en) 2004-08-11 2006-02-16 Semiconductor Energy Laboratory Co., Ltd. Method for synthesis of aromatic amine
JP3938595B2 (en) 2004-08-13 2007-06-27 小高 勇 Diabetes preventive / ameliorating agent
US20060047590A1 (en) * 2004-08-26 2006-03-02 Timothy Anderson Real-time risk management trading system for professional equity traders with adaptive contingency notification
US7635754B2 (en) 2004-09-22 2009-12-22 Aerovance, Inc. Interleukin-9 and interleukin-4 chimeric antagonist muteins and methods of using same
US7603309B2 (en) 2004-09-27 2009-10-13 Citadel Investment Group, L.L.C. Computer implemented and/or assisted methods and systems for providing guaranteed, specified and/or predetermined execution prices in a guaranteed, specified and/or predetermined timeframe on the purchase or sale of, for example, listed options
RU2007115923A (en) 2004-09-27 2008-11-10 Дау Глобал Текнолоджиз Инк. (Us) MULTILAYER COATINGS OBTAINED BY CHEMICAL DEPOSITION FROM VAPORS STRENGTHENED BY PLASMA
US20060089899A1 (en) 2004-10-25 2006-04-27 Durkin Bryan T Intra-day matching message system and method
US20060089898A1 (en) 2004-10-25 2006-04-27 Durkin Bryan T Intra-day matching system and method
CA2585865C (en) 2004-10-27 2017-11-21 Itg Software Solutions, Inc. System and method for generating liquidity
US7487125B2 (en) 2005-01-14 2009-02-03 Littlewood Margaret G Method for providing aggregation of trading on multiple alternative trading systems
US20060184444A1 (en) 2005-02-11 2006-08-17 Mcconaughy Jon Trading tool to enhance stock and commodity index execution
US7925570B2 (en) 2005-03-09 2011-04-12 The Nasdaq Omx Group, Inc. Opening cross in electronic market
US7788163B2 (en) 2005-03-11 2010-08-31 Chicago Mercantile Exchange Inc. System and method of utilizing a distributed order book in an electronic trade match engine
US20060235786A1 (en) 2005-04-14 2006-10-19 Disalvo Dean System and method for securities liquidity flow tracking, display and trading
WO2006121792A2 (en) 2005-05-05 2006-11-16 Archipelago Holdings, Inc. Unpriced order auction and routing
AU2006244562B2 (en) 2005-05-05 2012-05-17 Nyse Group, Inc. Reprice-to-block order
US7908201B2 (en) 2005-05-05 2011-03-15 Archipelago Holdings, Inc. Cross and post order
US7765137B1 (en) 2005-05-05 2010-07-27 Archipelago Holdings, Inc. Method and system for maintaining an order on a selected market center
US7912775B1 (en) 2005-05-05 2011-03-22 Archipelago Holdings, Inc. Liquidity analysis system and method
US7873561B1 (en) 2005-05-05 2011-01-18 Archipelago Holdings, Inc. Method and system for maintaining an order on a selected market center with maximum price exemption parameter
US7937315B2 (en) 2005-05-05 2011-05-03 Archipelago Holdings, Inc. Portfolio execution and reporting
AU2006244483B2 (en) 2005-05-05 2012-05-31 Nyse Group, Inc. Tracking liquidity order
AU2006244563B2 (en) 2005-05-05 2011-07-21 Nyse Group, Inc. Anti-internalization order modifier
AU2006244566A1 (en) 2005-05-06 2006-11-16 Archipelago Holdings, Inc. Passive liquidity order
US8498918B2 (en) 2005-06-03 2013-07-30 Chicago Mercantile Exchange, Inc. System and method for a request for cross in a trade matching engine
US7840477B2 (en) 2005-06-07 2010-11-23 Bgc Partners, Inc. System and method for routing a trading order based upon quantity
US20070022041A1 (en) 2005-07-22 2007-01-25 Durkin Bryan T Method and System for Improving Exchange Performance
JP5143734B2 (en) 2005-07-29 2013-02-13 クーパー−スタンダード・オートモーティブ・インコーポレーテッド Interlocking weatherstrip appearance treatment for external mold applications
WO2007016682A2 (en) 2005-08-02 2007-02-08 Kla-Tencor Technologies Corporation Systems configured to generate output corresponding to defects on a specimen
CN1913441A (en) 2005-08-09 2007-02-14 张永敏 Continuous changed data set transmission and updating method
CN100469002C (en) 2005-08-09 2009-03-11 张永敏 Data block transmission method
WO2007016718A1 (en) 2005-08-11 2007-02-15 Global Bionic Optics Pty Ltd Wide-angle, deep-field, close-focusing optical system
US20070043647A1 (en) 2005-08-16 2007-02-22 American Stock Exchange Llc Electronic trading environment with price improvement
US20070048325A1 (en) 2005-08-24 2007-03-01 Dennis Van Epps Combination therapies for inhibiting integrin-extracellular matrix interactions
US7761364B2 (en) 2005-09-07 2010-07-20 International Securities Exchange, Llc Midpoint matching system
WO2007038084A2 (en) 2005-09-23 2007-04-05 Archipelago Holdings, Inc. Directed order
WO2007038218A2 (en) 2005-09-28 2007-04-05 Archipelago Holdings, Inc. Third-party market center information delivery system
US20070198391A1 (en) 2006-02-21 2007-08-23 Deutsche Boerse Ag Method and system for conducting a block auction
US7685057B2 (en) 2006-04-12 2010-03-23 Uat, Inc. System and method for facilitating unified trading and control for a sponsoring organization's money management process
US20070244792A1 (en) 2006-04-13 2007-10-18 Gl Trade Americas Inc. Execution monitoring system for financial instruments
WO2008027124A2 (en) 2006-07-28 2008-03-06 Archipelago Holdings, Inc. Routing of orders in equity options by means of a parameterized rules-based routing table
US7899726B2 (en) 2006-08-11 2011-03-01 Reuters Sa Method and apparatus for option filtering
US7917418B2 (en) 2006-12-04 2011-03-29 Archipelago Holdings, Inc. Efficient data dissemination for financial instruments

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20020010672A1 (en) * 2000-06-01 2002-01-24 Henri Waelbroeck Method for directing and executing certified trading interests
US20040210511A1 (en) * 2000-06-01 2004-10-21 Henri Waelbroeck Block trading system and method providing price improvement to aggressive orders
US20040177026A1 (en) * 2002-12-09 2004-09-09 Sam Balabon System and method for trading above or below the market

Also Published As

Publication number Publication date
US20110082784A1 (en) 2011-04-07
US20130006839A1 (en) 2013-01-03
US7877316B2 (en) 2011-01-25
US20060253381A1 (en) 2006-11-09
AU2006244562A1 (en) 2006-11-16
AU2006244562B2 (en) 2012-05-17
US10521858B2 (en) 2019-12-31
US8301542B2 (en) 2012-10-30
WO2006121687A2 (en) 2006-11-16
JP2008541230A (en) 2008-11-20

Similar Documents

Publication Publication Date Title
WO2006121687A3 (en) Reprice-to-block order
WO2006121688A3 (en) Anti-internalization order modifier
WO2008013828A3 (en) Enhanced quote and order integration system and method
WO2006110651A3 (en) Reflective displays and processes for their manufacture
WO2006102295A3 (en) Child-oriented computing facilities
SG116598A1 (en) Electronic trading systems.
WO2007127309A3 (en) Processes for the synthesis of 3-isobutylglutaric acid
IL191696A0 (en) Representing business transactions
IL187300A0 (en) Effecting ancillary actions on an established transaction network
WO2006126005A8 (en) Trading system order book
AU2005901176A0 (en) Auction Bidding System. (Sure Bid)
AU2005901069A0 (en) Financial transaction product
AU2004901165A0 (en) Financial transaction product
AU2005900619A0 (en) Data transactions
AU2005900121A0 (en) Commerce system
AU2005901102A0 (en) The I.D. charm
AU2004906578A0 (en) Financial products
AU2005902958A0 (en) An ironmaking process
AU2005901609A0 (en) Sales prompt technology
AU2005900281A0 (en) System for Co-ordinating Sales Over the Internet
AU2004905324A0 (en) Business marketing process
AU2005900418A0 (en) Direct Marketing System
AU2005902862A0 (en) Transaction system and method
AU2005903537A0 (en) Auction system and method
AU2005902514A0 (en) Purchasing System and Method

Legal Events

Date Code Title Description
121 Ep: the epo has been informed by wipo that ep was designated in this application
WWE Wipo information: entry into national phase

Ref document number: 2006244562

Country of ref document: AU

ENP Entry into the national phase

Ref document number: 2006244562

Country of ref document: AU

Date of ref document: 20060502

Kind code of ref document: A

ENP Entry into the national phase

Ref document number: 2008510109

Country of ref document: JP

Kind code of ref document: A

NENP Non-entry into the national phase

Ref country code: DE

NENP Non-entry into the national phase

Ref country code: RU

122 Ep: pct application non-entry in european phase

Ref document number: 06769942

Country of ref document: EP

Kind code of ref document: A2