Automated auction protocol processor
December 13, 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 2134118 3573747 3581072 Automated stock exchange Automated securities trading system International commodity trade exchange Renewable option accounting and marketing system Automated futures trading exchange Voice actuated automated futures trading exchange Automated system for providing liquidity to securities markets InventorsAssigneeApplicationNo. 766733 filed on 12/13/1996US Classes:705/37, Trading, matching, or bidding705/35Finance (e.g., banking, investment or credit)ExaminersPrimary: MacDonald, Allen R.Assistant: Myhre, James W. Attorney, Agent or FirmInternational ClassesG06F 17//60.17/00 19/00 AbstractA data processing system for implementing transaction management of auction-based trading for specialized items such as fixed income instruments. The data processing system provides a highly structured trading protocol implemented through a sequence of trading paradigms. The system employs a distributed computer processing network linking together a plurality of commonly programmed controlled workstations. The protocol and its programmed controlling logic enhances trading efficiency, rewards market makers and fairly distributes market opportunity to system users. | |
