BGC Partners, Inc.
SYSTEMS AND METHODS FOR AUTOMATED INTERNET-BASED AUCTIONS

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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:
Application
Type:

Utility

Filling date:

29 Nov 2021

Issue date:

17 Mar 2022