Refreshing displayed quotes for automated market system

A method for managing display of quotes for securities in an electronic market includes entering a quote into a system for trading securities, a portion of the entered quote being displayable and another portion of the entered quote being held as reserved quote interest, executing a portion of the d...

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Bibliographic Details
Main Authors Martyn, Peter, Moore, Daniel F
Format Patent
LanguageEnglish
Published 14.06.2011
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Summary:A method for managing display of quotes for securities in an electronic market includes entering a quote into a system for trading securities, a portion of the entered quote being displayable and another portion of the entered quote being held as reserved quote interest, executing a portion of the displayable quote portion against interest in the market, aggregating an unexecuted displayable quote portion, with a portion of the reserved quote, if the unexecuted displayable quote portion is less than a round lot, and displaying the aggregate.