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