Method and apparatus for a trading market design and deployment system
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
N/A
app pub date -
Oct 31, 2007
filing date -
Aug 7, 1998
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
Conducting an auction is disclosed. Instructions specifying a market phase for an auction are received. An auction allocation policy is defined based at least in part on the instructions. A first bid is received during the market phase of the auction. The first bid price is automatically adjusted based on the auction allocation policy. A plurality of successful bids is selected after the predetermined termination time.
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