Daniel Allen Moore

US Patent:

7647264, Jan 12, 2010

Filed:

Apr 28, 2004

Appl. No.:

10/835510

Inventors:

Frank Hatheway - Chevy Chase MD, US
Daniel F. Moore - New Haven CT, US
Timothy E. Cox - Chevy Chase MD, US
Peter J. Martyn - Ridgewood NJ, US
Dan Barnard Franks - Brooklyn NY, US
Adam Seth Nunes - New York NY, US
Oliver Albers - Arlington VA, US

Assignee:

The Nasdaq OMX Group, Inc. - Rockville MD

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35, 705 36 T, 705 37, 705 38, 707202

Abstract:

A method for trading a security in an electronic market includes receiving closing orders and orders for the security traded in the electronic market, disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the close of trading, determining a closing price for the security based on the closing orders and orders, and executing at least some of the closing orders at the determined closing price.

US Patent:

7925570, Apr 12, 2011

Filed:

Mar 9, 2005

Appl. No.:

11/077503

Inventors:

Frank Hatheway - Chevy Chase MD, US
Daniel F. Moore - New Haven CT, US
Timothy E. Cox - Brooklyn NY, US
Peter J. Martyn - Ridgewood NJ, US
Dan B. Franks - Clearwater FL, US
Adam S. Nunes - Brooklyn NY, US
Timothy McCormick - Rockville MD, US

Assignee:

The Nasdaq OMX Group, Inc. - Rockville MD

International Classification:

G06Q 40/00

US Classification:

705 37, 705 35, 705 36 R, 705 38

Abstract:

A method, executed in a computer system, for opening an electronic market for trading of a security is described. The method includes receiving by the computer system eligible orders and quotes for the security traded in the electronic market and disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the open of trading. The method also includes determining by the computer system a price or prices at which the maximum shares would be executed and determining which price would minimize any imbalance of eligible orders and executing at least some of the eligible orders at the determined opening price.

US Patent:

8280797, Oct 2, 2012

Filed:

Jan 11, 2010

Appl. No.:

12/685023

Inventors:

Frank Hatheway - Chevy Chase MD, US
Daniel F. Moore - New Haven CT, US
Timothy E. Cox - Chevy Chase MD, US
Peter J. Martyn - Ridgewood NJ, US
Dan Barnard Franks - Brooklyn NY, US
Adam Seth Nunes - New York NY, US
Oliver Albers - Arlington VA, US

Assignee:

The NASDAQ OMX Group, Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35

Abstract:

A method for trading a security in an electronic market includes receiving closing orders and orders for the security traded in the electronic market, disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the close of trading, determining a closing price for the security based on the closing orders and orders, and executing at least some of the closing orders at the determined closing price.

US Patent:

8326737, Dec 4, 2012

Filed:

Nov 2, 2010

Appl. No.:

12/917545

Inventors:

Frank Hatheway - Chevy Chase MD, US
Daniel F. Moore - New Haven CT, US
Timothy E. Cox - Brooklyn NY, US
Peter J. Martyn - Ridgewood NJ, US
Dan B. Franks - Clearwater FL, US
Adam S. Nunes - Brooklyn NY, US
Timothy McCormick - Rockville MD, US

Assignee:

The NASDAQ OMX Group, Inc. - New York NY

International Classification:

G06Q 30/00

US Classification:

705 37, 705 35, 705 36, 705 38

Abstract:

A method, executed in a computer system, for opening an electronic market for trading of a security is described. The method includes receiving by the computer system eligible orders and quotes for the security traded in the electronic market and disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the open of trading. The method also includes determining by the computer system a price or prices at which the maximum shares would be executed and determining which price would minimize any imbalance of eligible orders and executing at least some of the eligible orders at the determined opening price.