SYSTEMS AND METHODS FOR ANONYMOUS ELECTRONIC TRADING

• US 20130151390A1
• Filed: 09/14/2012
• Published: 06/13/2013
• Est. Priority Date: 08/04/2000
• Status: Abandoned Application

• Current Assignee: Andrew C. Gilbert, Howard Lutnick, Philip M. Ginsberg
• Original Assignee: Andrew C. Gilbert, Howard Lutnick, Philip M. Ginsberg
• Inventors: Ginsberg, Philip M., Gilbert, Andrew C., Lutnick, Howard W.
• Application Number:
  US13/616,839
• Publication Number:
  US 20130151390A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Systems and methods for anonymous electronic trading that allow a trader to hide his or her identity and inhibit trading interactions are provided. Using these systems and methods, a trader can, using various trading interfaces, control a level of trading anonymously and configure warnings that are provided to protect against inadvertent completion of potential-risk-involved trades.

Claims

1. A method of displaying a bid or offer in an electronic trading system, comprising:

receiving by at least one processor the bid or offer from a first trader;

determining by at least one processor whether a second trader has selected to make bids or offers from the first trader unavailable; and

displaying by at least one processor the bid or offer to the second trader if the second trader has not selected to make bids or offers from the first trader unavailable.

2. The method of claim 1, further comprising:

not displaying the bid or offer to the second trader if the second trader has selected to make bids or offers from the first trader unavailable.

3. The method of claim 1, further comprising:

displaying the bid or offer to the second trader in a given manner if the second trader has selected to make bids or offers from the first trader unavailable.

4-13. -13. (canceled)

7-26. -26. (canceled)

14. A system for displaying a bid or offer in an electronic trading system, comprising:

a first workstation that receives the bid or offer from a first trader;

a processor that determines whether a second trader has selected to make bids or offers from the first trader unavailable; and

a second workstation that displays the bid or offer to the second trader if the second trader has not selected to make bids or offers from the first trader unavailable.

15. The system of claim 14, wherein the second workstation does not display the bid or offer to the second trader if the second trader has selected to make bids or offers from the first trader unavailable.

16. The system of claim 14, wherein the second workstation displays the bid or offer to the second trader in a given manner if the second trader has selected to make bids or offers from the first trader unavailable.