Method and system to effectuate multiple transaction prices for a commodity
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United States of America Patent
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Dec 12, 2006
Issued Date -
N/A
app pub date -
Oct 26, 2000
filing date -
Oct 26, 2000
priority date (Note) -
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Abstract
A method and system to effectuate multiple transaction prices for a commodity in a market of many buyers and sellers matches buyers and sellers only when they submit the same prices in their trading requests. The method and system can enhance trading transparency and reduce monitoring and regulation costs by disclosing corresponding transaction types prices, submitted quantities, and matched and unmatched results to buyers and sellers in a spot, securities or futures market through a network computer.
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