Bid management unit, bid management method and computer program product
AssigneeDeeCorp Limited
InventorHisashi Hotta
Life of this patent
Estimating the term…
Abstract
The bid management unit has a lockout management section that determines whether to impose restrictions on submission of bid information by a participant terminal according to a predetermined determination condition, and a lockout timer that control a timing to perform determination in the lockout management section. The bid management unit activates the lockout timer upon occurrence of a predetermined lockout timer start event. Further, the bid management unit imposes restrictions on receipt of bid information from the participant terminal according to the determination in the lockout management section.
Claims20
A bid management unit that receives bid information from a plurality of participant terminals connected through a communication network and implements bid management, comprising:
- a communication section receiving bid information from the plurality of participant terminals through the communication network;
- a determination section determining whether to impose a restriction on submission of new bid information by a participant during a bid market open period according to the bid information received at the communication section and a predetermined determination condition;
- and
- a restriction section imposing a restriction on submission of new bid information by a participant terminal of the participant determined to be restricted by the determination section.
A bid management method for imposing a restriction on receipt of bid information in a bid management unit that receives bid information from a plurality of participant terminals connected through a communication network, the method comprising:
- activating a timer to control a timing to determine whether to impose a restriction on receipt of the bid information upon occurrence of a timer start event;
- determining whether to impose a restriction on receipt of the bid information transmitted from the participant terminals according to a predetermined determination condition at a timing controlled by the timer;
- and
- imposing a restriction on receipt of the bid information according to the determination.
A computer program product, in a computer readable medium, including instructions executed by a computer connectable to a plurality of participant terminals through a communication network, for causing the computer to implement a bid management process for imposing a restriction on receipt of bid information transmitted from the participant terminals, the bid management process comprising:
- activating a timer to control a timing to determine whether to impose a restriction on receipt of the bid information upon occurrence of a timer start event;
- determining whether to impose a restriction on receipt of the bid information transmitted from the participant terminals according to a predetermined determination condition at a timing controlled by the timer;
- and
- imposing a restriction on receipt of the bid information according to the determination.
Dependencies are inferred from the claim text.