Latency-aware asset trading system
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Jun 23, 2005
app pub date -
Nov 26, 2004
filing date -
Nov 26, 2003
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
An online trading system for providers, customers and online trading servers, as well as methods of conducting online trading transactions, that incorporate processing components and steps that measure, monitor, report and utilize up-to-date network latency data to process offers to deal so that an unnecessarily large number of deals will not be refused. The systems and methods may also be used to make adjustments to the frequency and content of price quotes, based on current latency data, to improve customers' opportunity to submit offers that will arrive timely. The invention provides banks (and other liquidity providers), as well as online trading server operators, with sufficient information concerning network latencies so that price quotes issued by the banks can be 'tuned' and customized so that they will not expire before the bank's customers have a reasonable opportunity to review the price quotes and submit offers to deal.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Advertisement
Advertisement
Advertisement
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully