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