Providing trading exclusivity/priority based on quantity
Abstract
Systems and methods for providing trading exclusivity/priority in response to quantity of items traded in electronic trading systems is provided. The method preferably includes receiving an incoming order for the item and determining whether the incoming order matches a current order for the item and satisfies a minimum volume requirement. When the incoming order matches a current order for the item and satisfies a minimum volume requirement, the method includes transacting a trade between the incoming order and the current order and providing a predetermined time period of exclusive trading between a participant associated with the incoming order and a participant associated with the current order.
Claims
exact text as granted — not AI-modifiedWhat is claimed is:
1 . A method for trading an item in an electronic trading system, the method comprising:
receiving an incoming order for the item; determining whether the incoming order is contra to a current order for the item, includes a volume equal to or greater than a volume of the current order, and satisfies a minimum volume requirement; when the incoming order is contra to a current order, includes a volume equal to or greater than a volume of the current order, and satisfies a minimum volume requirement, transacting a trade between the incoming order and the current order and providing a predetermined time period of exclusive trading between a participant associated with the incoming order and a participant associated with the current order.Join the waitlist — get patent alerts
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