BGC Partners, Inc.
Systems and methods for providing non-fully-transparent markets

Last updated:

Abstract:

Receiving a request to reveal a bid or an offer, transmitting a price and a size that corresponds to the bid or the offer; waiting a pre-determined period of time, and executing the bid or the offer at a default price and a default size, in the event that no command is submitted to trade within the pre-determined period of time.

Status:
Grant
Type:

Utility

Filling date:

16 May 2017

Issue date:

25 May 2021