FIELD: auctioning, financial technologies.
SUBSTANCE: system has computer, which receives information about process of auction, characterizing auction, performed by first participant of auction, and information about quoting of auction, characterizing performed auction by second participant, database of characteristics of auction participant, made with possible querying by computer; characteristics of auction participant characterize acceptable parameters of auction for each auction participant. Computer executes a program for comparing information about performing of auction to information about quoting of auction, and to determine presence of coincidence, if information about performing of auction and information about quoting of auction corresponds to each other within limits of acceptable auction parameters, presented in characteristics of auction participant for first participant and second participant.
EFFECT: higher speed of operation, higher efficiency.
3 cl, 5 dwg
Authors
Dates
2005-08-27—Published
2001-02-15—Filed