PATENT CLAIM ANALYSIS

Application Number: 15918494
Application Type: Utility
Filing Date: 2018-03
Publication Date: 2018-08
Patent Classification: ["705", "037000"]

Abstract:
A disclosed system, method and computer readable storage medium includes mechanism for controlling cascade price movements in an electronic trading system. Price limits control the prices at which traders can place orders. An upper price limit prevents traders from placing orders above the upper limit and a lower price limit prevents traders from placing orders below the lower limit. The gap between the upper limit and the indicative marked price as well as the gap between lower limit and the indicative market price is controlled so as to cause a breaking effect on very rapidly changing market price.

Claim (Index 20):
The computer-implemented system of  claim 19 , wherein the information describing the market in the first time interval used for determining the first upper price limit and the first lower price limit comprises one or more of an estimate of volatility of the market and a range of price movement in the first time interval.

Metadata:
- Claim Count in Document: 62.0
- Percentile: 90.0
- Lexical Diversity: 1.66129
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['14542713', '12611781', '14466359', '11900756', '12395603']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1053940229596166
- 35 USC 102 Novelty (BERT): 0.5572346618971906
- Combined Prediction Score: 0.150578086853374
- Mean Citation Score: 288.342664
- Max Citation Score: 411.13254
- Similarity Product: 378.8380622409046

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test