Is a
Patent attributes
Patent Applicant
Patent Jurisdiction
Patent Number
Date of Patent
February 18, 2020
Patent Application Number
14133630
Date Filed
December 18, 2013
Patent Citations Received
Patent Primary Examiner
Patent abstract
A system and method determine rewards or other incentives for market participants submitting orders for financial instruments on a financial exchange. The system and method determine if orders submitted by one or more market participants are eligible for a reward or other incentive by identifying orders that are at a best bid or offer for a corresponding financial instrument. The system and method determine a number of eligible orders submitted by each of the one or more market participants and applies a reward or other incentive to a particular market participant with the most eligible orders or greatest aggregate size of eligible orders.
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