Invention Grant
- Patent Title: Systems and methods for sharing excess profits
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Application No.: US09955594Application Date: 2001-09-05
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Publication No.: US08429056B2Publication Date: 2013-04-23
- Inventor: Phillip M Ginsberg
- Applicant: Phillip M Ginsberg
- Applicant Address: US NY New York
- Assignee: BGC Partners, Inc.
- Current Assignee: BGC Partners, Inc.
- Current Assignee Address: US NY New York
- Agent Mark A. Miller
- Main IPC: G06Q40/00
- IPC: G06Q40/00
Abstract:
Systems and methods for trading commodity, an item or instrument are provided. The market prices and trading may be monitored to detect a spike in the market price or artificially high market price. Excess profits resulting from the sale at an artificially high market price may be distributed to market participants based upon the participant's trading record in the market or upon some other suitable method.
Public/Granted literature
- US20030055774A1 Systems and methods for sharing excess profits Public/Granted day:2003-03-20
Information query
