Patent ID: 7761366
Filing Date: 2010-07-20
Classification: G06Q

Abstract:
1. A method for trading an item in an electronic trading system, the method comprising: receiving at a computing device an incoming order for the item from at least one server coupled to the computing device over a network; determining by a computing device coupled to the at least one server that the incoming order is contra to a current order for the item, includes a volume equal to or greater than a volume of the current order, and satisfies a predetermined minimum volume requirement that varies over time during a trading day such that the minimum volume requirement at a first time during the trading day is different from the minimum volume requirement at a second time during the trading day; and based on the act of determining that the incoming order is contra to a current order, includes a volume equal to or greater than a volume of the current order, and satisfies the predetermined minimum volume requirement, transacting a trade between the incoming order and the current order in the electronic trading system.