CLOSING PRICE DETERMINATION FOR AN AUTOMATED MARKET SYSTEM

Patent №

US 8,239,309

Granted

2012-08-07

Filed 2010

Owner

THE NASDAQ STOCK MARKET, INC.

Lab

AI components

2

ml · planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

12757074

A method for determining a closing price of a security traded in an electronic market includes receiving a trade price of an executed trade of the security wherein the executed trade is executed during a trading session of the electronic market, comparing the received trade price to a market parameter of the security to determine the closing price of the security, and reporting the determined closing price of the security to a user.

Machine learningPlanningG06Q 40/04G06Q 40/00G06Q 40/06

AI classification

Machine learning0.79
Planning0.56
Knowledge representation0.10
Evolutionary computation0.07
AI hardware0.01
Natural language0.00
Vision0.00
Speech0.00

Ownership

THE NASDAQ STOCK MARKET, INC.

assignment · 375280410

Assignors

DAVIN, THOMAS J., III, PLATTS, JAMES T., LASTOSKIE, JAMES M., COX, TIMOTHY E., EDELSON, MICHAEL E.

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

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