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Shareable quote streams

  • US 20060015439A1
  • Filed: 06/20/2005
  • Published: 01/19/2006
  • Est. Priority Date: 06/23/2004
  • Status: Abandoned Application
First Claim
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1. A method of providing quotes in an online asset trading network, comprising:

  • (a) establishing with a provider trading system a first shareable quote stream for a currency pair, said first shareable quote stream having a tier limit;

    (b) receiving from a customer trading system a request for quotes comprising a requested order size;

    (c) transmitting said request for quotes to said provider trading system;

    (d) receiving from said provider trading system a quote control gesture comprising an available order size for said customer trading system;

    (e) receiving a shareable quote from said provider trading system via said first shareable quote stream;

    (f) converting said shareable quote into a customer-specific quote comprising a size part equal to the minimum of said tier limit, said available order size and said requested order size;

    (g) sending said customer-specific quote to said customer trading system; and

    (h) iteratively repeating steps (e)-(g) until an occurrence of a specified event.

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