Thomas J Davin

US Patent:

20040230513, Nov 18, 2004

Filed:

May 12, 2003

Appl. No.:

10/437416

Inventors:

Thomas Davin - Kensington MD, US
James Platts - Washington DC, US
James Lastoskie - Upland CA, US
Timothy Cox - Chevy Chase MD, US
Michael Edleson - Dunn Loring VA, US

International Classification:

G06F017/60

US Classification:

705/037000

Abstract:

A method for determining a closing price of a security traded in an electronic market includes receiving a trade price of an executed trade of the security wherein the executed trade is executed during a trading session of the electronic market, comparing the received trade price to a market parameter of the security to determine the closing price of the security, and reporting the determined closing price of the security to a user.