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Electronic Trading Auction With Orders Interpreted Using Future Information

  • US 20150006349A1
  • Filed: 06/28/2013
  • Published: 01/01/2015
  • Est. Priority Date: 06/28/2013
  • Status: Abandoned Application
First Claim
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1. A method of implementing an electronic trading exchange comprising:

  • accepting electronic trading orders from auction participants'"'"' electronic devices in a first time period of an electronic auction;

    applying a random time delay in response to expiration of the first time period;

    executing code to randomly sort the electronic trading orders to generate one or more order queues; and

    programmatically matching the electronic trading orders based on a randomized sequence of electronic orders defined by the one or more order queues.

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