Invention Grant
- Patent Title: Providing valid responses to requests for quotations
- Patent Title (中): 对报价请求提供有效的答复
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Application No.: US12826302Application Date: 2010-06-29
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Publication No.: US08583538B2Publication Date: 2013-11-12
- Inventor: Kevin M. Foley
- Applicant: Kevin M. Foley
- Applicant Address: US NY New York
- Assignee: BGC Partners, Inc.
- Current Assignee: BGC Partners, Inc.
- Current Assignee Address: US NY New York
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q40/04 ; G06Q40/06 ; G06Q30/08

Abstract:
Systems and methods for providing valid responses to requests for quotations are provided. In one embodiment of the invention, a system according to the invention preferably includes a server. The server includes a server storage device and a server processor connected to the server storage device. The server storage device preferably stores a server program for controlling the server processor. The server processor is preferably operative to receive a request from a requesting participant for a market-validated offer to sell an item; receive an offer price from a responding participant in response to the request; and provide a bid to an electronic marketplace, the bid including a price that is lower than the received offer price.
Public/Granted literature
- US20120323793A9 PROVIDING VALID RESPONSES TO REQUESTS FOR QUOTATIONS Public/Granted day:2012-12-20
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