Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-03-23
2009-12-01
Campen, Kelly (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S026640, C705S03600T
Reexamination Certificate
active
07627510
ABSTRACT:
A double-sided exchange may be an exchange wherein both buyers and sellers provide bids for matching via the exchange. A first interface receives buy bids from buyers and a second interface receives sell bids from sellers. A controller matches the sell bids with the buy bids, yielding matched buy bids and matched sell bids in response thereto so that allocations of the matched buy bids and the matched sell bids maximize a surplus of the exchange. An allocation that substantially maximizes an auctioneer's profit and/or announces payments based on sell bids is provided. The announced allocations and prices can be shown to be a substantially competitive equilibrium in some applications.
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Jain Rahul
Kaskiris Charis
Pillai Nisha Sivasankara
Rajagopal Ram
Shu Jun
Campen Kelly
Kulas Charles J.
The Regents of the University of California
Trellis IP Law Group, PC
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