Patent ID: 7904364
Filing Date: 2011-03-08
Classification: G06Q

Abstract:
1. A method for auctioning units of securities research resources from a supplier of securities research to consumers of the supplier's securities research, the method comprising: generating auction description data, by a computer device, wherein the auction description data comprises a listing of the units being auctioned and an indication of a minimum bid price for each unit, and wherein the computer device comprises at least one processor and an operatively associated computer readable medium; receiving bid data, by the computer device, wherein the bid data describes a plurality of bids received from a plurality of bidders, and wherein each bid is received from one of the plurality of bidders and identifies a quantity of the units and a price for the identified units; determining, by the computer device, an allocation of the units among the plurality of bidders that have submitted bid data based on the bid data; generating, by the computer device, auction result data indicating the results of completed auctions; wherein the units of the securities research resources comprise a plurality of first preferred access level positions associated with a first research team; and wherein the first preferred access level positions entitle their holders to at least one research-related direct contact with the first research team selected from the group consisting of: