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:
Mar. 22, 2016
Filed:
Mar. 15, 2005
Howard W Lutnick, New York, NY (US);
Stuart Fraser, Armonk, NY (US);
Bijoy Paul, North Brunswick, NJ (US);
Howard W Lutnick, New York, NY (US);
Stuart Fraser, Armonk, NY (US);
Bijoy Paul, North Brunswick, NJ (US);
Cantor Fitzgerald, L.P. CFPH, LLC, New York, NY (US);
Abstract
Data processing systems and methods for managing transactions in auction-based trading of specialized items such as fixed income instruments are presented. 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 improves trading efficiency, rewards market Makers, and fairly distributes market opportunity to system users.