Patent ID: 7962399
Filing Date: 2011-06-14
Classification: G06Q

Abstract:
1. A computer implemented method for managing display of quotes for securities in an electronic trading venue, the method comprises: receiving a quote from one of a plurality of market participants for a security by a computer system, a first portion of the quote displayable to participants in the electronic trading venue and a second, different portion of the quote being held as reserved quote interest that is not displayable to participants in the electronic trading venue; receiving results of executing by a computer of a portion of the displayable quote portion against contra-side interest in the trading venue, with executing occurring at a price corresponding to an inside market for the security in the electronic trading venue; determining that a size value of the displayable portion of the portion of the quote after execution is either a mixed lot or an odd lot size; automatically aggregating by the computer when the determined size is an odd lot or a mixed lot size the unexecuted displayable quote portion with a portion of the reserved quote at the price corresponding to the inside market to provide the unexecuted displayable quote portion with a size equal to one or more whole round lots; and generating by the computer a user interface for displaying the unexecuted, displayable portion as at least one or more integer multiples of a round lot to the participants in the electronic trading venue.