Electronic trading among principals and brokers

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8886561
SERIAL NO

13947337

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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Electronic trading systems and methods which facilitate principal/broker trading are provided. In a first aspect of the invention, a database relating to trading participants in the trading system is designed to indicate which traders utilize a principal/broker relationship and what, if any, limitations are placed on the activity of the broker, trading commands submitted by the broker, and counterparties in a transaction with the broker. In another aspect of the invention, trading commands and executed trades involving principals/brokers may be presented to other traders using special designations. The ability to enter certain trading commands by, and in response to, brokers may be limited. In a further aspect of the invention, anonymous trading features may prevent traders from knowing whether another trader is a broker or principal, may restrict traders from being able to block trading with brokers, and may permit brokers to configure anonymous trading parameters.

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First Claim

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Patent Owner(s)

  • BGC PARTNERS, INC.

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Gilbert, Andrew C New York, US 60 2408
Stergiopoulos, Andrew New York, US 17 543
Tselepis, William P New Providence, US 12 258

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Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
11.5 Year Payment $7400.00 $3700.00 $1850.00 May 11, 2026
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