System and method for real-time options trading over a global computer network

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20020194115A1
SERIAL NO

10133972

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Abstract

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The present invention relates to a method and system for electronically trading a financial instrument. The method includes entering a bid order for the financial instrument and placing the bid order in a bid queue associated with a buyer who maintains a list of sellers to sell the financial instrument to. Then, entering an ask order for the financial instrument and placing the ask order in an ask queue associated with a seller who maintains a list of buyers to buy the financial instrument from. Next, the present invention will match the bid order and the ask order and to execute a trade between the buyer and the seller. Lastly, the trade is executed if the bid order is not less than the ask order, and if the buyer is on the list of buyers and the seller is on the list of sellers.

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Patent Owner(s)

Patent OwnerAddress
OPTIONABLE INCSUITE 1607 222 BROADWAY NEW YORK NY 10007

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Nordlicht, Mark A New York, NY 5 260
Zucker, Yechiel A New York, NY 5 260

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