Patent ID: 8533095
Filing Date: 2013-09-10
Classification: G06Q

Abstract:
1. A computer-implemented method comprising: electronically storing data corresponding to each of a plurality of currently pending bids for an auction, wherein the plurality of currently pending bids comprises a plurality of bids that use an optional automatic bidding feature, and a plurality of bids that do not use the optional automatic bidding feature; determining, using a processor of a server computer, for the each of the currently pending bids, whether or not a corresponding bidder has selected that the currently pending bid use the optional automatic bidding feature; generating an ordered bid list by ordering the plurality of currently pending bids by criteria comprising assigning a winning bid quantity and a winning bid amount to each bid in the ordered bid list based on an ordering of the bid list; and using an input/output section of the server computer to communicate at least one of the winning bid quantities and at least one of the winning bid amounts to the corresponding bidder.