{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8543489","patent":{"patent_number":"US-8543489","title":"System and method for computing and displaying effective bid and ask information","assignee":null,"inventors":[],"filing_date":"2011-11-18T00:00:00.000Z","publication_date":"2013-09-24T00:00:00.000Z","cpc_codes":["G06Q","G06Q"],"num_claims":18,"abstract":"Software at a trading station receives a data feed from an electronic exchange and computes an effective bid price and/or an effective ask price based on a particular quantity to trade. Then, the effective bid price and/or effective ask prices are indicated to the user. An effective bid price is an average price at which a quantity could be sold based on current market conditions. An effective ask price is an average price at which a quantity could be bought based on current market conditions. Depending on the available quantities in the market, the effective prices may represent spreads different from the actual spread of the inside market. Additionally, a derivative of price, such as yield, may be used to compute other types of effective bid and/or ask information."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System and method for computing and displaying effective bid and ask information","description":"Software at a trading station receives a data feed from an electronic exchange and computes an effective bid price and/or an effective ask price based on a particular quantity to trade. Then, the effe","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8543489","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-8543489","citation_suggestion":"Patentable. \"System and method for computing and displaying effective bid and ask information\" (US-8543489). https://patentable.app/patents/US-8543489","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8543489","json":"https://patentable.app/api/llm-context/US-8543489","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T14:01:32.125Z"}