×

System and method for block trading

  • US 8,510,208 B2
  • Filed: 04/07/2011
  • Issued: 08/13/2013
  • Est. Priority Date: 12/09/2002
  • Status: Expired due to Fees
First Claim
Patent Images

1. A computer-implemented method for facilitating trading financial instruments, comprising:

  • receiving by a computer an order to trade a financial instrument by a first party, the order specifying a price and a side of trade;

    entering by the computer the order into a trading system;

    generating by the computer a dummy order of the financial instrument specifying a price, a side of trade, and based in a direct relationship to the first party'"'"'s order in the trading system, wherein the side of trade is opposite to the side of trade of the first party;

    displaying by the computer the first party'"'"'s order and the dummy order, wherein the computer does not identify either order as the dummy order;

    receiving by the computer an order from the second party;

    matching by the computer the second party'"'"'s order with the dummy order; and

    notifying the second party that the second party'"'"'s order was matched with the dummy order.

View all claims
  • 1 Assignment
Timeline View
Assignment View
    ×
    ×