BLOCK TRADING SYSTEM AND METHOD PROVIDING PRICE IMPROVEMENT TO AGGRESSIVE ORDERS
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United States of America Patent
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N/A
Issued Date -
Oct 15, 2009
app pub date -
Apr 7, 2009
filing date -
Apr 8, 2008
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A first market participant submits an order comprising an indication of a level of visibility which the first market participant wishes to accord to notifications associated with the order. The indication of the level of visibility is independent of identities of second market participants. The notifications associated with the order are displayed on the computer systems of the second market participants only in accordance with the indication of the level of visibility.
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