Method and system for processing and transmitting electronic auction information
March 29, 2016. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.Patent References 3581072 International commodity trade exchange Interactive market management system Automated futures trading exchange Goods database employing electronic title or documentary-type title Automated system for providing liquidity to securities markets Anonymous matching system System for conducting and processing spot commodity transactions Secure teleprocessing bidding system Detection and prevention of duplicate trading transactions over a communications network InventorsAssigneeApplicationNo. 623654 filed on 03/29/1996US Classes:705/37, Trading, matching, or bidding705/27Presentation of image or description of sales item (e.g., electronic catalog browsing)ExaminersPrimary: Poinvil, FrantzyAttorney, Agent or FirmForeign Patent References
International ClassG06F 015/300AbstractA system and method for conducting a multi-person, interactive auction, in a variety of formats, without using a human auctioneer to conduct the auction. The system is preferably implemented in software. The system allows a group of bidders to interactively place bids over a computer or communications network. Those bids are recorded by the system and the bidders are updated with the current auction status information. When appropriate, the system closes the auction from further bidding and notifies the winning bidders and losers as to the auction outcome.Other References
Field of SearchADVERTISINGStock quotation With information storage Space allocation (e.g., vehicle seat, hotel reservation) Remote terminal TERMINAL* REGISTERS TRANSACTION* (E.G., POINT OF SALE TERMINAL*) FOR USE WITH GENERAL PURPOSE TERMINAL* (E.G., HOME BANKING) AUTOMATED ELECTRICAL FINANCIAL OR BUSINESS PRACTICE OR MANAGEMENT ARRANGEMENT Electronic shopping (e.g., remote ordering) Presentation of image or description of sales item (e.g., electronic catalog browsing) Trading, matching, or bidding Requiring authorization or authentication | |
