Process for providing timely quality indication of market trades
CA 2578655 C · Owner: Nyse Group, Inc. · Inventors: Landmark, Nicolay; Hansen, Peter; Kragh, Lars
Overview
Its claims, description and drawings are in the Canadian Patents Database.
Open the CIPO recordAbstract From the Canadian patent
Real time or near real time assessment of the quality of securities transactions is accomplished by intercepting order and execution communications between trader and broker comparing the execution data with , contemporaneous market data relative to the transaction or transactions involved, and informing the trader of that comparison. This is accomplished without interrupting or impeding the trader-broker communications except that , a broker-trader communication may if desired, be interrupted and relevant data aggregated until the aggregate reaches a desired value. It is preferred that the comparison be between the volume-weighted average price of the securities transaction and the …
Read the whole patent
Listed from its CIPO record in Patent Yard's archive of Canadian patents past their term. Its claims, description and drawings are in the CIPO record and on Google Patents, and the Claude kit works from them.
Why it's free to use
- Filed April 15, 2005 and granted January 22, 2019. A Canadian patent filed from October 1, 1989 lasts 20 years from filing, so its term ended April 15, 2025.
- Certificates of supplementary protection extend only drug patents, and it isn't classified as one.
- We check Canadian rights only. A patent in its family in another country could still be in force: check its family on Google Patents.
Timeline
Timeline From CIPO dates
Sources & verification
Official CIPO records
Everything on this page comes from the CIPO record linked above. Contains information licensed under the Open Government Licence – Canada.