Is a
Patent attributes
Patent Applicant
0
Current Assignee
Patent Jurisdiction
Patent Number
Patent Inventor Names
Bijoy Paul0
Howard Lutnick0
Stuart Fraser0
Date of Patent
February 1, 2005
0Patent Application Number
092164640
Date Filed
December 18, 1998
0Patent Citations Received
...
Patent Primary Examiner
Patent abstract
A data processing system for implementing transaction management of auction-based trading for specialized items such as fixed income instruments. The data processing system provides a highly structured trading protocol implemented through a sequence of trading paradigms. The system employs a distributed computer processing network linking together a plurality of commonly configured program controlled workstations. The protocol and its program controlling logic enhances trading efficiency, rewards market Makers, and fairly distributes market opportunity to system users.
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