Patents Assigned to LiquidPoint, L.L.C.
  • Method and apparatus for stock and index option price improvement, participation, and internalization
    Patent number: 8055577
    Abstract: A method for stock option trading includes receiving an option order at a market, contemporaneously receiving a copy of the option order at an electronic drop (EDrop) system, which is separate and distinct from the market, obtaining a potential cross quantity and a potential cross price based on the option order at the EDrop system, and submitting, through the EDrop system, a contra-order, with respect to the option order, to the market for fulfillment, wherein the contra-order specifies at least one of an underlying security potential cross quantity, and the potential cross price.
    Type: Grant
    Filed: March 1, 2011
    Date of Patent: November 8, 2011
    Assignee: Liquidpoint, L.L.C.
    Inventor: Anthony J. Saliba
  • Method and apparatus for stock and index option price improvement, participation, and internalization
    Patent number: 7392218
    Abstract: A method for stock option trading includes receiving an option order at a market, contemporaneously receiving a copy of the option order at an electronic drop (EDrop) system, which is separate and distinct from the market, obtaining a potential cross quantity and a potential cross price based on the option order at the EDrop system, and submitting, through the EDrop system, a contra-order, with respect to the option order, to the market for fulfillment, wherein the contra-order specifies at least one of an underlying security potential cross quantity, and the potential cross price.
    Type: Grant
    Filed: February 25, 2004
    Date of Patent: June 24, 2008
    Assignee: LiquidPoint, L.L.C.
    Inventor: Anthony J. Saliba