Is a
Patent attributes
Patent Jurisdiction
Patent Number
Date of Patent
April 24, 2007
Patent Application Number
09401892
Date Filed
September 23, 1999
Patent Citations Received
Patent Primary Examiner
Patent abstract
A system for handling quotes in an electronic market is described. The system includes a lock/cross quote detector which determines whether a quote which is entered into the market system would lock or cross other quotes in the market system and a quote formatter that receives quotes that, if entered, would lock or cross the market and reformats the quotes as marketable liability orders. The system includes a routing process that routes reformatted quotes as marketable liability orders to a market participant whose quote was locked or crossed.
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