Patents Assigned to Boston Options Exchange Group, LLC
  • Price improvement processor for electronic trading of financial instruments
    Patent number: 7941364
    Abstract: A price improvement processor to effectuate more rapid matching of bids and offers of financial instruments by conducting a rapid automated auction in which certain market participants may provide price improvement in increments that are finer than the prevailing standard minimum price variation and are provided a certain allocation as an incentive for such price improvements.
    Type: Grant
    Filed: October 30, 2003
    Date of Patent: May 10, 2011
    Assignee: Boston Options Exchange Group, LLC
    Inventors: Thomas Peterffy, Ken Leibler, Luc Bertrand
  • Price improvement processor for electronic trading of financial instruments
    Publication number: 20040254804
    Abstract: A price improvement processor to effectuate more rapid matching of bids and offers of financial instruments by conducting a rapid automated auction in which certain market participants may provide price improvement in increments that are finer than the prevailing standard minimum price variation and are provided a certain allocation as an incentive for such price improvements.
    Type: Application
    Filed: October 30, 2003
    Publication date: December 16, 2004
    Applicant: Boston Options Exchange Group, LLC
    Inventors: Thomas Peterffy, Ken Leibler, Luc Bertrand