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 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.