SYSTEM AND METHODS FOR PRICING AND ALLOCATION OF COMMODITIES OR SECURITIES

Systems and methods for conducting an auction of securities on the Web. The system and methods provide a bid mechanism whereby bidders are rewarded for priority of anonymously revealing their bids and provide an allocation of the securities which allows winning bidders to pay a single market-clearin...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Hauptverfasser:	OCHERET, CHARLES, A, GERRISH, CLIFF, M, GOLDBERG, ROBERT, S, EVELYN, MICHAEL, H, HANSSON, OTHAR, HAYES, JORDAN, M
Format:	Patent
Sprache:	eng ; fre
Schlagworte:	CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
Online-Zugang:	Volltext bestellen
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Beschreibung
Zusammenfassung:	Systems and methods for conducting an auction of securities on the Web. The system and methods provide a bid mechanism whereby bidders are rewarded for priority of anonymously revealing their bids and provide an allocation of the securities which allows winning bidders to pay a single market-clearing price that sells out the securities. In addition, the systems and methods allow all participants to monitor the auction in real time. Systèmes et procédés de réalisation d'une vente aux enchères de titres sur le Web. Les systèmes et procédés utilisent un mécanisme d'offres qui récompense les offrants qui ont révélé en priorité et de façon anonyme leurs offres, et assurent une répartition des titres permettant aux offrants gagnants de payer le prix d'équilibre du marché unique qui réalise les titres. Les systèmes et procédés permettent en outre à tous les participants de suivre la vente aux enchères en temps réel.