Systems and methods for providing non-fully-transparent markets
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United States of America Patent
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Jun 13, 2017
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app pub date -
Apr 27, 2007
filing date -
Apr 27, 2006
priority date (Note) -
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Abstract
Method and systems are provided herewith for providing non-fully-transparent markets that includes or involves the step or steps of receiving a request to reveal a bid or an offer, in which the request is submitted by a user of an electronic trading system; transmitting a price and a size that corresponds to the bid or the offer; waiting a pre-determined period of time; and executing the bid or the offer at a default price and a default size, in the event that the user does not submit a command to trade within the pre-determined period of time.
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