System and method for trading financial instruments based on undisclosed values

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8788397
APP PUB NO 20120095903A1
SERIAL NO

13334386

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Abstract

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In electronic trading venues, there may be orders for which the full information is not publicly displayed. For example, the full quantity of an order available for trading or the most aggressive price at which an order can be traded may not be made public. A system and method are disclosed that facilitates trading based on this non-public information. A first order associated with a financial instrument is placed at a venue to probe for non-public information related to the financial instrument. The results of the probe may then be used to place a second order at the venue that takes advantage of any discovered non-public information.

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Patent Owner(s)

Patent OwnerAddress
BLOOMBERG L P731 LEXINGTON AVENUE NEW YORK NY 10022

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Berger, Eric Tel Aviv, IL 26 243
Hodder, Christopher James Philadelphia, US 4 27
Klein, David Maale Adumim, IL 133 1662

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