发明申请
- 专利标题: Settlement of auctions by determining quantity before price
- 专利标题(中): 通过确定价格之前的数量来结算拍卖
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申请号: US10953810申请日: 2004-09-28
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公开(公告)号: US20060167773A1公开(公告)日: 2006-07-27
- 发明人: Kangle Yang , Kevin Fung , Daniel Chan , Michael Ng
- 申请人: Kangle Yang , Kevin Fung , Daniel Chan , Michael Ng
- 主分类号: G06Q40/00
- IPC分类号: G06Q40/00
摘要:
The orders collected during an auction form an auction pool. The fill for orders in the auction pool is established without setting an auction settlement price (ASP) for the contracts in the auction pool. The ASPs for contracts in the qualified pool are then set based on the fill. Both the process for establishing the fill for orders and/or the process for setting the ASPs preferably are based on LP and/or QP optimizations.
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