US 6,983,260 B2 | ||
Automated exchange system for trading orders having a hidden volume | ||
Henrik Hummelgren, Solna (Sweden) | ||
Assigned to OMX Technology AB, Stockholm (Sweden) | ||
Filed on Apr. 06, 2001, as Appl. No. 9/827,314. | ||
Prior Publication US 2003/0033235 A1, Feb. 13, 2003 | ||
Int. Cl. G06F 17/60 (2006.01) |
U.S. Cl. 705—37 | 32 Claims |
1. An automated exchange comprising a data processor unit having a memory associated therewith, the exchange having means for receiving and trading an order received from an investor, the order having a specified total volume and a number of parameters identifying the order, the exchange further having means for only displaying a fraction of the total volume, the exchange further comprising a unit for randomly generating the size of said fraction of the total volume and/or randomly determining when in time said fraction is generated. |