System and method for an automated exchange

G - Physics – 06 – F

Patent

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G06F 17/60 (2000.01)

Patent

CA 2331775

The invention provides a system, computerized method, and computer program for operating an automated combinatorial exchange for trading items. Functions or steps of the invention include receiving a plurality of orders (a "package" that may include logically grouped items) offering to sell items and a package of orders offering to buy items. The method includes steps of allocating trading quantities of items to a portion of the orders (14), and assigning trading prices for each item allocated a trading quantity in an order (16).

La présente invention concerne un système, un procédé informatisé, et un programme informatique utilisés pour commander un échange combinatoire automatisé d'articles commerciaux. Les fonctions ou les opérations de l'invention consistent à recevoir plusieurs ordres (un "ensemble" pouvant contenir des articles groupés logiquement) proposant la vente d'articles, et un ensemble d'ordres proposant l'achat d'articles. En l'occurrence, ce procédé consiste à attribuer des quantités négociées d'articles à une partie des ordres (14), et à fixer des prix négociés pour chaque article auquel a été attribué une quantité négociée dans un ordre donné.

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