Jon C Olson

US Patent:

20100217711, Aug 26, 2010

Filed:

Feb 15, 2010

Appl. No.:

12/705948

Inventors:

Jon B. Olson - Barrington Hills IL, US
Greg Radcliff - Downers Grove IL, US
Michael Mackey - Westport CT, US

Assignee:

Trumarx Data Partners, Inc. - Chicago IL

International Classification:

G06Q 40/00
G06Q 10/00
G06F 21/00

US Classification:

705 80, 705 37, 705 30, 726 4

Abstract:

The disclosure presents a system, method, and computer readable medium for facilitating a private commodity resource transaction, having logic for establishing a market for the private commodity resource transaction, communicating a plurality of market establishment prompts to the remote computer, establishing a market for the private commodity resource transaction, receiving market establishment offer information comprising a selected subset of potential respondents, offering to the selected subset of potential respondents the private commodity resource transaction, determining which potential respondents of the predetermined set of potential respondents to communicate the market establishment offer information to, privately communicating the market establishment offer information to the potential respondents, receiving an acceptance response from at least one the potential respondents, identifying which of the potential respondents is associated with a first complete acceptance, privately communicating to the identified respondent a execution communication, and closing the market.