Patent ID: 7761364
Filing Date: 2010-07-20
Classification: G06Q

Abstract:
1. An automated system for matching orders to purchase and sell a financial instrument comprising: an interface adapted to receive best bid and offer prices and adapted to transmit and receive information from market participants, wherein the interface receives a plurality of buy orders to purchase the instrument and a plurality of sell orders to sell the instrument, the orders each having a size, and wherein the orders include reserve orders, request for cross (RFC) orders, and solicitation of interest (SOI) orders, wherein the SOI orders include instructions for disclosing information about the order to one or more market participants, the instructions for disclosing information about the SOI order including instructions to disclose one or more of (i) the identity of the instrument, (ii) the side, (iii) the size and (iv) the price of the order, and (v) the identity of the person or entity placing the order and wherein when the SOI order is received, the disclosed information about the order is transmitted to one or more other market participants and one or more orders in response to the transmitted information are received; a memory connected with the interface; a plurality of registers connected with the memory including: a processor connected with the memory and with the interface; program memory for a program that, when the processor executes program instructions: