Patents Assigned to Bats Global Markets, Inc.
  • Patent number: 8595120
    Abstract: A system and method for providing a market on-close operation for a market is provided. Buy orders and sell orders for tradeable assets are obtained. A time of market close is obtained. A respective buy order is matched to a respective sell order, but without a price. The respective order quantity match is locked-in without a price. A close price for the tradeable asset in the given primary market is obtained and the quantity match is executed. A fill message is transmitted to the respective buyer and the respective seller with the quantity matched and the close price for the tradeable asset.
    Type: Grant
    Filed: September 29, 2010
    Date of Patent: November 26, 2013
    Assignee: BATS Global Markets, Inc.
    Inventor: Michael Adam Newell
  • Publication number: 20130179324
    Abstract: A method and system for determining and sending or posting an electronic value for an index is provided. A list of sectors is obtained. The system then accesses a database storing company information. Eligible securities are selected, assigned to sectors and ranked within each sector. A weight for each eligible security is determined. An amount for the index value of the selected eligible securities based on the weighting is calculated. The index value may be posted or outputted electronically.
    Type: Application
    Filed: March 4, 2013
    Publication date: July 11, 2013
    Applicant: BATS GLOBAL MARKETS, INC.
    Inventor: BATS GLOBAL MARKETS, INC.
  • Patent number: 8392303
    Abstract: A method and system for determining and sending or posting an electronic value for an index is provided. A list of sectors is obtained. The system then accesses a database storing company information. Eligible securities are selected, assigned to sectors and ranked within each sector. A weight for each eligible security is determined. An amount for the index value of the selected eligible securities based on the weighting is calculated. The index value may be posted or outputted electronically.
    Type: Grant
    Filed: September 21, 2010
    Date of Patent: March 5, 2013
    Assignee: Bats Global Markets, Inc.
    Inventors: Darshan Desai, Joseph Ratterman, Joel Nitz