The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 01, 2005
Filed:
Dec. 18, 1998
Howard Lutnick, New York, NY (US);
Stuart Fraser, Armonk, NY (US);
Bijoy Paul, North Brunswick, NJ (US);
Howard Lutnick, New York, NY (US);
Stuart Fraser, Armonk, NY (US);
Bijoy Paul, North Brunswick, NJ (US);
Cantor Fitzgerald, L.P., New York, NY (US);
CFPH, L.L.C., New York, NY (US);
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.