BGC Partners, Inc.
Systems and methods for automated internet-based auctions
Last updated:
Abstract:
The present invention relates to systems and methods for implementing an automated auction process that is held at a designated time on the Internet, and that ends after bidding has been completed. In accordance with these systems and methods, a server connected to a plurality of workstations may establish several auctions that allow for efficient trading of multiple goods, while simulating the live and dynamic setting of traditional auctions.
Status:
Grant
Type:
Utility
Filling date:
24 Jun 2019
Issue date:
30 Nov 2021