Patents by Inventor Michael Edleson

Michael Edleson has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Order price threshold for automated market system
    Patent number: 7406444
    Abstract: A method for trading a security in an electronic market includes entering an order at a client station for executing against any market participant that can at least in part satisfy the order, determining a threshold for executing the entered order based on an inside price of the security in the electronic market, matching a portion of the entered order at a server system against interest in the market that does not exceed the determined threshold, and returning any unmatched portion of the entered order that can not be matched by the interest in the market without exceeding the determined threshold.
    Type: Grant
    Filed: October 8, 2002
    Date of Patent: July 29, 2008
    Assignee: The NASDAQ OMX Group, Inc.
    Inventors: Yek Kwong Eng, Michael Edleson, Daniel F. Moore, John T. Hughes, Jr., Christopher Folkemer
  • Order price threshold for automated market system
    Publication number: 20030126065
    Abstract: A method for trading a security in an electronic market includes entering an order at a client station for executing against any market participant that can at least in part satisfy the order, determining a threshold for executing the entered order based on an inside price of the security in the electronic market, matching a portion of the entered order at a server system against interest in the market that does not exceed the determined threshold, and returning any unmatched portion of the entered order that can not be matched by the interest in the market without exceeding the determined threshold.
    Type: Application
    Filed: October 8, 2002
    Publication date: July 3, 2003
    Inventors: Yek Kwong Eng, Michael Edleson, Daniel F. Moore, John T. Hughes,, Christopher Folkemer