CLOSING IN AN ELECTRONIC MARKET

Patent №

US 7,647,264

Granted

2010-01-12

Filed 2004

Owner

NASDAQ STOCK MARKET, INC., THE

Lab

AI components

2

planning · evo

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

10835510

A method for trading a security in an electronic market includes receiving closing orders and orders for the security traded in the electronic market, disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the close of trading, determining a closing price for the security based on the closing orders and orders, and executing at least some of the closing orders at the determined closing price.

AI classification

Planning1.00
Evolutionary computation0.99
Natural language0.00
AI hardware0.00
Machine learning0.00
Knowledge representation0.00
Speech0.00
Vision0.00

Ownership

NASDAQ STOCK MARKET, INC., THE

assignment · 151190706

Assignors

HATHEWAY, FRANK, MOORE, DANIEL F., COX, TIMOTHY E., MARTYN, PETER J., FRANKS, DAN BARNARD, NUNES, ADAM SETH, ALBERS, OLIVER

On an employer assignment, the assignors are typically the inventors.

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