WO2005106755A3 - Systems and methods for multiparty anonymous negotiation with incentives - Google Patents

Systems and methods for multiparty anonymous negotiation with incentives Download PDF

Info

Publication number
WO2005106755A3
WO2005106755A3 PCT/US2005/008961 US2005008961W WO2005106755A3 WO 2005106755 A3 WO2005106755 A3 WO 2005106755A3 US 2005008961 W US2005008961 W US 2005008961W WO 2005106755 A3 WO2005106755 A3 WO 2005106755A3
Authority
WO
WIPO (PCT)
Prior art keywords
systems
methods
multiparty
incentives
participant
Prior art date
Application number
PCT/US2005/008961
Other languages
French (fr)
Other versions
WO2005106755A8 (en
WO2005106755A2 (en
Inventor
Judith N Robertson
Karl Abbott
Douglas W Gerhart
Donald R Findlay
Roula Haddad
Eric E Barnhorst
Douglas E Steiner
Original Assignee
Perimeter Financial Corp
Judith N Robertson
Karl Abbott
Douglas W Gerhart
Donald R Findlay
Roula Haddad
Eric E Barnhorst
Douglas E Steiner
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Perimeter Financial Corp, Judith N Robertson, Karl Abbott, Douglas W Gerhart, Donald R Findlay, Roula Haddad, Eric E Barnhorst, Douglas E Steiner filed Critical Perimeter Financial Corp
Priority to EP05725838A priority Critical patent/EP1763825A2/en
Priority to CA002563275A priority patent/CA2563275A1/en
Publication of WO2005106755A2 publication Critical patent/WO2005106755A2/en
Publication of WO2005106755A8 publication Critical patent/WO2005106755A8/en
Publication of WO2005106755A3 publication Critical patent/WO2005106755A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/08—Auctions
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Consistent with the present invention, systems, computer programs, and methods are provided for anonymously negotiating and matching buy and sell orders in a fungible asset trading market. Furthermore, systems and methods consistent with the present invention may provide a time-sensitive trading environment that encourages participants to continue negotiations for an asset until a mutually acceptable price is reached by providing a participant with an incentive to continue submitting orders, such as information concerning the other side's ordering actions, as long as the participant continues to negotiate in a timely manner.
PCT/US2005/008961 2004-04-19 2005-03-18 Systems and methods for multiparty anonymous negotiation with incentives WO2005106755A2 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
EP05725838A EP1763825A2 (en) 2004-04-19 2005-03-18 Systems and methods for multiparty anonymous negotiation with incentives
CA002563275A CA2563275A1 (en) 2004-04-19 2005-03-18 Systems and methods for multiparty anonymous negotiation with incentives

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US56301604P 2004-04-19 2004-04-19
US60/563,016 2004-04-19

Publications (3)

Publication Number Publication Date
WO2005106755A2 WO2005106755A2 (en) 2005-11-10
WO2005106755A8 WO2005106755A8 (en) 2006-10-05
WO2005106755A3 true WO2005106755A3 (en) 2008-12-04

Family

ID=35242322

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2005/008961 WO2005106755A2 (en) 2004-04-19 2005-03-18 Systems and methods for multiparty anonymous negotiation with incentives

Country Status (4)

Country Link
US (1) US20050234805A1 (en)
EP (1) EP1763825A2 (en)
CA (1) CA2563275A1 (en)
WO (1) WO2005106755A2 (en)

Families Citing this family (25)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US7136834B1 (en) 2000-10-19 2006-11-14 Liquidnet, Inc. Electronic securities marketplace having integration with order management systems
US10002385B2 (en) 2003-10-28 2018-06-19 Bgc Partners, Inc. Managing the execution of trades between market makers
US7917414B2 (en) * 2004-06-28 2011-03-29 Joshua David Nathanson System and method for an automated sales system with remote negotiation and post-sale verification
US8200568B2 (en) 2004-07-21 2012-06-12 Bgc Partners, Inc. System and method for managing trading orders received from market makers
CA2585865C (en) * 2004-10-27 2017-11-21 Itg Software Solutions, Inc. System and method for generating liquidity
US7792736B2 (en) * 2005-05-26 2010-09-07 Peregrine Financial Group, Inc. Method and apparatus for on-line trading display
US7742978B2 (en) * 2006-04-14 2010-06-22 Swaptree, Inc. Multi-transaction system and method
US20070244770A1 (en) * 2006-04-14 2007-10-18 Swaptree, Inc. Automated trading system and method database
US20070244772A1 (en) * 2006-04-14 2007-10-18 Swaptree, Inc. Marketing system and methods in automated trading context
US20070244769A1 (en) * 2006-04-14 2007-10-18 Swaptree, Inc. User interaction for trading system and method
US20070244793A1 (en) * 2006-04-14 2007-10-18 Swaptree, Inc. Automated Transaction System and Method with Electronic Notification
US20070255624A1 (en) * 2006-04-14 2007-11-01 Swaptree, Inc. Automated Trading System and Method
US7716117B2 (en) 2006-11-10 2010-05-11 Board Of Trade Of The City Of Chicago System and method for making positions held by a trader fungible
US7860780B1 (en) * 2007-01-31 2010-12-28 Icap Services North America Llc System and method for processing trading orders to provide “negotiate in the middle” capability
US8117105B2 (en) * 2007-04-18 2012-02-14 Pulse Trading, Inc. Systems and methods for facilitating electronic securities transactions
US8521627B2 (en) * 2007-04-18 2013-08-27 Blockross Holdings, LLC Systems and methods for facilitating electronic securities transactions
US20090125433A1 (en) * 2007-11-13 2009-05-14 Franck Rene Mikulecz Best pre-match routing (of foreign exchange orders)
US20110040667A1 (en) * 2009-07-16 2011-02-17 Anthony Montesano Exchange trading system and method having a modified participation entitlement
US11308566B2 (en) * 2011-08-05 2022-04-19 William F. Walsh Anonymous price and progressive display execution apparatus, system and method
US10127612B2 (en) * 2012-05-03 2018-11-13 Tamer Trading Technologies Llc System, method, and computer-readable medium for improving the efficiency and stability of financial markets
WO2014043420A1 (en) 2012-09-12 2014-03-20 Trudeau, Matthew Transmission latency leveling apparatuses, methods and systems
US9559916B2 (en) * 2012-10-17 2017-01-31 The Forcemeister, Inc. Methods and systems for tracking time in a web-based environment
AU2015247596A1 (en) * 2014-04-16 2016-11-03 Iex Group, Inc. Systems and methods for providing up-to-date information for transactions
US10223734B2 (en) 2015-04-16 2019-03-05 The Nielsen Company (Us), Llc Method, manufacture, and apparatus for facilitating a sales transaction via an interactive display platform
US11282138B2 (en) 2016-06-24 2022-03-22 Refinitiv Us Organization Llc Informational incentives for submitting maker orders

Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6282521B1 (en) * 1995-08-28 2001-08-28 Ebs Dealing Resources, Inc. Anonymous trading system with improved quote input capabilities
US6519570B1 (en) * 1999-10-08 2003-02-11 Keen.Com, Inc. A Corp. Of Ca. System and method for conducting a time auction

Family Cites Families (17)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
GB9416673D0 (en) * 1994-08-17 1994-10-12 Reuters Ltd Data exchange filtering system
US5689652A (en) * 1995-04-27 1997-11-18 Optimark Technologies, Inc. Crossing network utilizing optimal mutual satisfaction density profile
US6850907B2 (en) * 1996-12-13 2005-02-01 Cantor Fitzgerald, L.P. Automated price improvement protocol processor
US5905974A (en) * 1996-12-13 1999-05-18 Cantor Fitzgerald Securities Automated auction protocol processor
US6058379A (en) * 1997-07-11 2000-05-02 Auction Source, L.L.C. Real-time network exchange with seller specified exchange parameters and interactive seller participation
US6105005A (en) * 1997-09-15 2000-08-15 Merrill Lynch & Co., Inc. System for enhanced financial trading support
US20030004859A1 (en) * 1999-05-11 2003-01-02 Shaw John C. Method and system for facilitating secure transactions
US7296001B1 (en) * 1999-07-12 2007-11-13 Ariba, Inc. Electronic multilateral negotiation system
US20030093343A1 (en) * 1999-08-31 2003-05-15 Sidley Austin Brown & Wood Llp Dynamic order visibility system for the trading of assets
US7644027B2 (en) * 2000-04-10 2010-01-05 Christopher Keith Market program for interacting with trading programs on a platform
US8069106B2 (en) * 2000-06-01 2011-11-29 Pipeline Financial Group, Inc. Block trading system and method providing price improvement to aggressive orders
US7333952B1 (en) * 2000-06-23 2008-02-19 Ebs Group Limited Compound order handling in an anonymous trading system
US20020194105A1 (en) * 2001-05-18 2002-12-19 Andrew Klein Process of and system for trading securities and options and markets related thereto
US20020178108A1 (en) * 2001-05-23 2002-11-28 International Business Machines Corporation Fair and scalable trading system and method
US7447656B2 (en) * 2001-08-15 2008-11-04 Medha Parthasarathy Electronic lending and borrowing system
WO2004042514A2 (en) * 2002-10-30 2004-05-21 Boston Options Exchange Group, Llc Price improvement processor for electronic trading of financial instruments
US7680722B2 (en) * 2003-03-03 2010-03-16 Itg Software Solutions, Inc. Dynamic aggressive/passive pegged trading

Patent Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6282521B1 (en) * 1995-08-28 2001-08-28 Ebs Dealing Resources, Inc. Anonymous trading system with improved quote input capabilities
US6519570B1 (en) * 1999-10-08 2003-02-11 Keen.Com, Inc. A Corp. Of Ca. System and method for conducting a time auction

Also Published As

Publication number Publication date
WO2005106755A8 (en) 2006-10-05
US20050234805A1 (en) 2005-10-20
WO2005106755A2 (en) 2005-11-10
EP1763825A2 (en) 2007-03-21
CA2563275A1 (en) 2005-11-10

Similar Documents

Publication Publication Date Title
WO2005106755A8 (en) Systems and methods for multiparty anonymous negotiation with incentives
WO2005048061A3 (en) An aggregated trading system
WO2006121792A3 (en) Unpriced order auction and routing
WO2007116308A3 (en) Electronic trading system
WO2004081737A3 (en) Derivatives trading methods that use a variable order price
WO2008045533A3 (en) A system and method for providing a futures/forward tradable market and bidded price negotiation
WO2006113551A3 (en) An intellectual property trading exchange and a method for trading intellectual property rights
WO2006121948A3 (en) Over the counter traded product and system for offset and contingent trading of commodity contracts
WO2004042501A3 (en) Intelligent internet bargaining system
WO2008005712A3 (en) System and methods for pricing and allocation of commodities or securities
WO2009143366A3 (en) Determining complementary product content from primary product document information and providing such complementary product content in association with the primary product document, in an online environment
WO2009094385A3 (en) Methods and systems for performing transactions
WO2008045947A3 (en) Systems and methods for collaborative payment strategies
WO2006086138A3 (en) System and method for soliciting a bid to list a property
Ryan et al. The critical role of corporate brand equity in B2B marketing: An example and analysis
US20090024513A1 (en) Methods For Intellectual Property Transactions
WO2007098463A3 (en) Trading of illiquid goods, services, instruments or commodities
Biedenkopf Assessing possibilities for enhanced EU-South Korea cooperation on chemical regulation
WO2009094486A3 (en) Commodity brokering system for matching buyers and sellers and associated methods
Sharma Funding of innovative start-ups in India
Oborah Status of the Utilisation of E-Commerce Resources by Small and Medium (SMES) Enterprises in Nigeria
WO2005076778A3 (en) Relative pricing for proposals for trading of financial interests
AU2006100718A4 (en) Idea Exchange
Reisch An Investor For All Seasons
IT202100022910A1 (en) System and method for the sale and auction of ideas through e-commerce

Legal Events

Date Code Title Description
AK Designated states

Kind code of ref document: A2

Designated state(s): AE AG AL AM AT AU AZ BA BB BG BR BW BY BZ CA CH CN CO CR CU CZ DE DK DM DZ EC EE EG ES FI GB GD GE GH GM HR HU ID IL IN IS JP KE KG KP KR KZ LC LK LR LS LT LU LV MA MD MG MK MN MW MX MZ NA NI NO NZ OM PG PH PL PT RO RU SC SD SE SG SK SL SM SY TJ TM TN TR TT TZ UA UG US UZ VC VN YU ZA ZM ZW

AL Designated countries for regional patents

Kind code of ref document: A2

Designated state(s): GM KE LS MW MZ NA SD SL SZ TZ UG ZM ZW AM AZ BY KG KZ MD RU TJ TM AT BE BG CH CY CZ DE DK EE ES FI FR GB GR HU IE IS IT LT LU MC NL PL PT RO SE SI SK TR BF BJ CF CG CI CM GA GN GQ GW ML MR NE SN TD TG

121 Ep: the epo has been informed by wipo that ep was designated in this application
WWE Wipo information: entry into national phase

Ref document number: 2563275

Country of ref document: CA

NENP Non-entry into the national phase

Ref country code: DE

WWW Wipo information: withdrawn in national office

Country of ref document: DE

WWE Wipo information: entry into national phase

Ref document number: 2005725838

Country of ref document: EP

WWP Wipo information: published in national office

Ref document number: 2005725838

Country of ref document: EP