Patent №
US 7,653,584
Granted
2010-01-26
Filed 2001
Owner
CHICAGO BOARD OPTIONS EXCHANGE
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
09896061
A method and system is provided for allowing a participant that generates order flow to participate in automated execution trades that are generated by the participant's order flow, without affecting the price of execution to the retail customer. The method and system automatically assigns a stated percentage of the contra-side of each customer trade to the participant that sent in the order flow.
AI classification
Ownership
CHICAGO BOARD OPTIONS EXCHANGE
assignment · 125180919
Assignors
SCHMITZ, DAVID J., SMITH, EILEEN, MONTESANO, ANTHONY
On an employer assignment, the assignors are typically the inventors.