2, for example, the data from each ECNs can be processed to determine whether each incoming offer to sell is within the top ten open offers (i.e., the incoming offer is included if the identified stock is offered at a price lower than the tenth lowest current offer).
DescriptionĪs illustrated at 231 and 232 in FIG. This requested data may include streaming ticker tape and stock status data describing the status of all or a selected subset of stocks being actively traded on the multiple ECNs an index value representative of the current selling price of a predetermined group of securities being traded on the multiple ECNs, depth-of-book data describing the current best pending offers to buy and sell one or more selected securities, and news stories concerning the securities being traded, including artificially generated natural language text news which is automatically produced by items of consolidated ECN data that satisfies predetermined conditions which define “newsworthy” events.
In response to one or more request specifications received from a remotely located user, the system extracts and processes selected portions of the consolidated data to produce response data returned to the requestor.
Live data fed from each ECN describing pending buy and sell orders and executed transactions on each exchange are reformatted into standard form and aggregated to create, update and maintain consolidated trading data that is stored in a database. calendars, reminders, meetings or time accountingĪ system for distributing data describing trading activity occurring on a plurality of different Electronic Communications Networks (ECNs), each of which receives buy and sell orders from stock traders and each of which performs equity sales transactions based on the received orders. computer aided management of electronic mail or groupware Time management, e.g. G06Q- DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR.238000004642 transportation engineering Methods 0.000 description 1.238000006011 modification reaction Methods 0.000 description 1.230000000694 effects Effects 0.000 claims abstract description 7.Priority to US10/116,007 priority patent/US20020184237A1/en Publication of US20020184237A1 publication Critical patent/US20020184237A1/en Status Abandoned legal-status Critical Current Links Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.) Filing date Publication date Priority to US28107401P priority Critical Application filed by Mcfeely Brooks B. Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.) Abandoned Application number US10/116,007 Inventor Brooks McFeely Original Assignee Mcfeely Brooks B.
Google Patents Methods and apparatus for compiling, processing and disseminating equity transaction dataĭownload PDF Info Publication number US20020184237A1 US20020184237A1 US10/116,007 US11600702A US2002184237A1 US 20020184237 A1 US20020184237 A1 US 20020184237A1 US 11600702 A US11600702 A US 11600702A US 2002184237 A1 US2002184237 A1 US 2002184237A1 Authority US United States Prior art keywords data stock consolidated price forth Prior art date Legal status (The legal status is an assumption and is not a legal conclusion. Google Patents US20020184237A1 - Methods and apparatus for compiling, processing and disseminating equity transaction data
US20020184237A1 - Methods and apparatus for compiling, processing and disseminating equity transaction data