US 9,811,860 B2
System and method for timed order entry and modification
Michael L. Fishbain, Wilmette, IL (US); Sagy P. Mintz, Lincolnshire, IL (US); and Stephen J. Murphy, Oak Park, IL (US)
Assigned to Trading Technologies International, Inc., Chicago, IL (US)
Filed by TRADING TECHNOLOGIES INTERNATIONAL, INC., Chicago, IL (US)
Filed on Jan. 16, 2013, as Appl. No. 13/743,002.
Application 13/743,002 is a continuation of application No. 12/945,654, filed on Nov. 12, 2010, granted, now 8,380,606.
Application 12/945,654 is a continuation of application No. 12/337,415, filed on Dec. 17, 2008, granted, now 7,856,393, issued on Dec. 21, 2010.
Application 12/337,415 is a continuation of application No. 10/609,869, filed on Jun. 30, 2003, granted, now 7,512,557, issued on Mar. 31, 2009.
Prior Publication US 2013/0132262 A1, May 23, 2013
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 40/00 (2012.01); G06Q 40/04 (2012.01); G06Q 40/06 (2012.01)
CPC G06Q 40/04 (2013.01) [G06Q 40/00 (2013.01); G06Q 40/06 (2013.01)] 24 Claims
OG exemplary drawing
 
1. A method for configuring and processing timed orders associated with at least one tradeable object being traded in an electronic trading environment, the method comprising:
defining at a computing device a timed order, wherein the timed order is associated with a first time trigger defining a time when the timed order is automatically modifiable on at least one electronic exchange;
submitting from the computing device the timed order to the at least one electronic exchange; and
automatically modifying the timed order at the at least one electronic exchange upon detecting the first time trigger, wherein said automatically modifying includes replacing the timed order.