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:
Jun. 13, 2017
Filed:
Apr. 27, 2007
Applicants:
Howard W. Lutnick, New York, NY (US);
Peter Bartko, New York, NY (US);
Inventors:
Howard W. Lutnick, New York, NY (US);
Peter Bartko, New York, NY (US);
Assignee:
BGC PARTNERS, INC., New York, NY (US);
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2012.01); G06Q 30/08 (2012.01); G06Q 40/04 (2012.01);
U.S. Cl.
CPC ...
G06Q 30/08 (2013.01); G06Q 40/04 (2013.01);
Abstract
Method and systems are provided herewith for providing non-fully-transparent markets that includes or involves the step or steps of receiving a request to reveal a bid or an offer, in which the request is submitted by a user of an electronic trading system; 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 the user does not submit a command to trade within the pre-determined period of time.