Systems and methods for matching desired prices of mis-matched items

  • US 7,546,269 B2
  • Filed: 05/07/2007
  • Issued: 06/09/2009
  • Est. Priority Date: 01/14/2000
  • Status: Expired due to Fees
First Claim
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1. A method performed by a first computer coupled by a network to a plurality of other computers, the method comprising:

  • receiving, from at least a second computer coupled by a network to the first computer, a first and a second of one of buy side orders and sell side orders for an item, each of the first and the second orders specifying a plurality of terms comprising a near date and a far date, wherein at least one of the near date of the first order and the near date of the second order are mis-matched, and the far date or the first order and the far date of the second order are mis-matched;

    receiving, from a third computer coupled by a communication link to the first computer, a query for one of buy side orders and sell side orders, the query specifying a plurality of terms comprising a near date and a far date;

    identifying automatically in response to the query a set of orders comprising at least the first and second orders based on the near date of the first order occurring within a period of time from the near date of the query and the far date of the second order occurring within a period of time from the far date of the query, wherein the first and second orders are contra-side orders to the query and wherein at least one of the near date of the second order is mis-matched with the near date of the query and the far date of the first order is mis-matched with the far date of the query.

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