发明名称 |
Auction with interest rate bidding |
摘要 |
A method, apparatus, system and non-transitory machine-readable medium are provided for declining auctions with interest bidding. According to one embodiment, offers are received from respective bidders in a bid receiving process to transact a financial instrument, the offers being expressed as offered interest rates at which the corresponding respective bidders are willing to transact the financial instrument. The bid receiving process is utilized in a declining auction characterized by a reducing a published interest rate at which the financial instrument is offered for sale. The reducing of the published interest rate is performed automatically and responsive to a lack of bidding activity. Further there is a determining whether at least one of the offers satisfies transaction criterion.
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申请公布号 |
US8433643(B2) |
申请公布日期 |
2013.04.30 |
申请号 |
US201113182196 |
申请日期 |
2011.07.13 |
申请人 |
WATT, II WILLIAM R.;ACKLEY MATTHEW F.;CORNELL WILLIAM J.;EBAY INC. |
发明人 |
WATT, II WILLIAM R.;ACKLEY MATTHEW F.;CORNELL WILLIAM J. |
分类号 |
G06Q40/00;G06Q30/00 |
主分类号 |
G06Q40/00 |
代理机构 |
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代理人 |
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主权项 |
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地址 |
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