Patent 7315839 was granted and assigned to UBS (CRM&Web-sites) on January, 2008 by the United States Patent and Trademark Office.
A system for adjusting a price for a security, the price having a spread, and including a pricing engine for providing to a client a price quote for the security. Also included is a past trades database for storing at least one past trade executed by the client. A price adjustment module in communications with the pricing engine is included for adjusting the spread provided to the client based on the at least one past trade.