SYSTEMS AND METHODS FOR IMPROVING AUCTION LIQUIDITY

Patent №

US 7,606,763

Granted

2009-10-20

Filed 2006

Owner

GOLDMAN SACHS & CO.

+1 more

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

11342163

Systems, methods, apparatus, and means for improving liquidity in a securities auction include selecting a cover to use to provide general liquidity to the auction, the cover having a plurality of options, calculating a fair value price for each option in the cover, creating an order associated with each of the options, and submitting the orders during the auction.

PlanningG06Q 30/08G06Q 20/042G06Q 20/10G06Q 20/102G06Q 20/105G06Q 20/108G06Q 20/1085G06Q 20/3674+5 more

AI classification

Planning0.90
AI hardware0.31
Machine learning0.05
Evolutionary computation0.00
Knowledge representation0.00
Natural language0.00
Speech0.00
Vision0.00

Ownership

GOLDMAN SACHS & CO.

assignment · 174190457

LONGITUDE LLC

assignment · 186740426

Assignors

FRANKEL, OLIVER L.

On an employer assignment, the assignors are typically the inventors.

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