Ex Parte MADOFF et al - Page 27




          Appeal No. 2004-2085                                                        
          Application 09/272,542                                                      

          Citation of reference                                                       
               The article A Tale of Two Trading Venues: Electronically               
          Delivered Orders vs. Floor Brokered Orders on the American Stock            
          Exchange by Puneet Handa et al., Proceedings of the 32nd Hawaii             
          International Conference on System Sciences - 1999, evidently               
          published January 1999 (footnote 1), copy attached, is cited of             
          interest because it discusses contra-side market orders, price              
          improvement, anonymous orders (footnote 8), and electronic                  
          trading (e.g., footnote 3).                                                 
                                     CONCLUSION                                       
               The rejections of claims 1-40, 55-58, and 64-78 are                    
          reversed.                                                                   
                                      REVERSED                                        




                         KENNETH W. HAIRSTON           )                              
                         Administrative Patent Judge   )                              
                                                       )                              

                                                       ))  BOARD OF PATENT            
                         LEE E. BARRETT                )     APPEALS                  
                         Administrative Patent Judge   )       AND                    
                                                       )   INTERFERENCES              
                                                       )                              
                                                       )                              
                         STUART S. LEVY                )                              
                         Administrative Patent Judge   )                              



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