BGC Partners, Inc.
Systems and methods for providing non-fully-transparent markets
Last updated:
Abstract:
Receiving a request to reveal a bid or an offer, transmitting a price and a size that corresponds to the bid or the offer; waiting a pre-determined period of time, and executing the bid or the offer at a default price and a default size, in the event that no command is submitted to trade within the pre-determined period of time.
Status:
Grant
Type:
Utility
Filling date:
16 May 2017
Issue date:
25 May 2021