07856392 is referenced by 11 patents and cites 6 patents.

A system and method for defining and processing timed orders are defined. According to one embodiment, a trader may define a timed order by defining an intra-day time trigger or a time period when the timed order should be automatically modified, such as deleted or cancelled/replaced with a new order. In one embodiment, the intra-day time trigger or time period may be dynamically changed to a later time, for example, upon receiving a predetermined user input. Also, the time trigger and time period may be configured to dynamically vary based on any user configurable formula. Also, the timed order may be associated with one or more actions to be taken once the order is deleted, such as sending a new order, for example.

Title
System and method for timed order entry and modification
Application Number
12/337401
Publication Number
7856392 (B1)
Application Date
December 17, 2008
Publication Date
December 21, 2010
Inventor
Stephen J Murphy
Oak Park
IL, US
Sagy P Mintz
Lincolnshire
IL, US
Michael L Fishbain
Wilmette
IL, US
Agent
McDonnell Boehnen Hulbert & Berghoff
Assignee
Trading Technologies International
IL, US
IPC
G06Q 40/00
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