Electronic outcry messaging for electronic trading

Abstract

Methods, devices, and systems for facilitation of communication between participants of an electronic marketplace involve receiving a message generated from a market participant and transmitting the message to other market participants. The facilitation also involves receiving responses to the message from the other market participants and transmitting the responses to the message originating market participant such that the transmitted response is imperceptible to the other market participants.

What is claimed is: 
     
         1 . A computer implemented method comprising:
 receiving, by a specifically configured processor via an electronic communications system coupled therewith, an electronic message generated by a market participant of a set of market participants;   determining, by the processor, whether the received electronic message is solicited when it is responsive to another electronic message previously communicated to the market participant, or otherwise unsolicited;   transmitting, automatically by the processor via the electronic communications system when the received electronic message is unsolicited, the received electronic message to all other market participants of the set of market participants; and   transmitting, automatically by the processor via the electronic communications system when the received electronic message is solicited, the received electronic message exclusively to the market participant of the set of market participants who generated the other electronic message to which the received electronic message is responsive; and   wherein the unsolicited electronic message comprises an offer of a transaction characterized by a proposed one or more terms and subsequent solicited electronic messages comprise one of an acceptance of the transaction or a counter offer characterized by modifications to the one or more terms, the method further comprising determining, by the processor, when one of the subsequent solicited messages comprises an acceptance to the transaction and further determining, by the processor, the one or more terms, and, based thereon, automatically generating, by the processor, an electronic transaction message to an electronic marketplace coupled with the processor to complete the transaction in accordance with the one or more terms.   
     
     
         2 . The computer implemented method of  claim 1 , wherein the offer is limited to transaction for a particular product. 
     
     
         3 . The computer implemented method of  claim 1 , wherein the unsolicited electronic message is received from the electronic marketplace. 
     
     
         4 . The computer implemented method of  claim 1 , wherein the unsolicited electronic message relates to an offer to buy or sell a product in the electronic marketplace communicated to the set of market participants, at least one of the subsequent solicited electronic messages comprising a response to the offer to buy or sell from one of the set of market participants. 
     
     
         5 . The computer implemented method of  claim 4 , wherein the unsolicited electronic message was generated in response to a selection of the offer to buy or sell the product via a user interface of the electronic marketplace presented to the market participant, the unsolicited electronic message comprising data descriptive of the offer to buy or sell the product including a price associated with the product at a time of generation of the electronic message. 
     
     
         6 . The computer implemented method of  claim 1 , wherein the unsolicited electronic message comprising the acceptance includes actionable data that when activated is configured to execute an action in the electronic marketplace. 
     
     
         7 . The computer implemented method of  claim 6 , wherein the actionable data is configured to cause an acceptance of the offer to buy or sell the product in the electronic marketplace. 
     
     
         8 . The computer implemented method of  claim 1 , further comprising:
 storing, by the processor in a memory coupled therewith, data indicative of the market participants to which each electronic message was communicated and when the electronic message was communicated thereto.   
     
     
         9 . The computer implemented method of  claim 1 , further comprising:
 preventing, by the processor, any of the set of market participants, determined to not be receiving communications of electronic messages via the electronic communications system for a period of time, from subsequently accessing any electronic messages communicated via the electronic communications system during that period of time.   
     
     
         10 . A system comprising:
 a processor; and   computer executable instructions stored in a memory coupled with the processor that when executed by the processor, cause the processor to:
 receive, via an electronic communications system coupled therewith, an electronic message generated by a market participant of a set of market participants; 
 determine, whether the received electronic message is solicited when it is responsive to another electronic message previously communicated to the market participant, or otherwise unsolicited; 
 transmit, automatically via the electronic communications system when the received electronic message is unsolicited, the received electronic message to all other market participants of the set of market participants; and 
 transmit, automatically via the electronic communications system when the received electronic message is solicited, the received electronic message exclusively to the market participant of the set of market participants who generated the other electronic message to which the received electronic message is responsive; and 
 wherein the unsolicited electronic message comprises an offer of a transaction characterized by a proposed one or more terms and subsequent solicited electronic messages comprise one of an acceptance of the transaction or a counter offer characterized by modifications to the one or more terms, determine when one of the subsequent solicited messages comprises an acceptance to the transaction and further determine the one or more terms, and, based thereon, automatically generate an electronic transaction message to an electronic marketplace coupled with the processor to complete the transaction in accordance with the one or more terms. 
   
     
     
         11 . The system of  claim 10 , wherein the offer is limited to transaction for a particular product. 
     
     
         12 . The system of  claim 10 , wherein the unsolicited electronic message is received from the electronic marketplace. 
     
     
         13 . The system of  claim 10 , wherein the unsolicited electronic message relates to an offer to buy or sell a product in the electronic marketplace communicated to the set of market participants, at least one of the subsequent solicited electronic messages comprising a response to the offer to buy or sell from one of the set of market participants. 
     
     
         14 . The system of  claim 14 , wherein the unsolicited electronic message was generated in response to a selection of the offer to buy or sell the product via a user interface of the electronic marketplace presented to the market participant, the unsolicited electronic message comprising data descriptive of the offer to buy or sell the product including a price associated with the product at a time of generation of the electronic message. 
     
     
         15 . The system of  claim 10 , wherein the unsolicited electronic message comprising the acceptance includes actionable data that when activated is configured to execute an action in the electronic marketplace. 
     
     
         16 . The system of  claim 15 , wherein the actionable data is configured to cause an acceptance of the offer to buy or sell the product in the electronic marketplace. 
     
     
         17 . The system of  claim 10 , further comprising:
 storing, by the processor in a memory coupled therewith, data indicative of the market participants to which each electronic message was communicated and when the electronic message was communicated thereto.   
     
     
         18 . The system of  claim 10 , further comprising:
 preventing, by the processor, any of the set of market participants, determined to not be receiving communications of electronic messages via the electronic communications system for a period of time, from subsequently accessing any electronic messages communicated via the electronic communications system during that period of time.   
     
     
         19 . A system comprising:
 a first logic stored in a memory and configured to be executed by a processor to cause the system to receive, via an electronic communications system coupled therewith, an electronic message generated by a market participant of a set of market participants;   a second logic stored in the memory and configured to be executed by the processor to cause the system to determine, whether the received electronic message is solicited when it is responsive to another electronic message previously communicated to the market participant, or otherwise unsolicited;   a third logic stored in the memory and configured to be executed by the processor to cause the system to transmit, automatically via the electronic communications system when the received electronic message is unsolicited, the received electronic message to all other market participants of the set of market participants; and   a fourth logic stored in the memory and configured to be executed by the processor to cause the system to transmit, automatically via the electronic communications system when the received electronic message is solicited, the received electronic message exclusively to the market participant of the set of market participants who generated the other electronic message to which the received electronic message is responsive; and   a fifth logic stored in the memory and configured to be executed by the processor to cause the system to, wherein the unsolicited electronic message comprises an offer of a transaction characterized by a proposed one or more terms and subsequent solicited electronic messages comprise one of an acceptance of the transaction or a counter offer characterized by modifications to the one or more terms, determine when one of the subsequent solicited messages comprises an acceptance to the transaction and further determine the one or more terms, and, based thereon, automatically generate an electronic transaction message to an electronic marketplace coupled with the processor to complete the transaction in accordance with the one or more terms.   
     
     
         20 . The system of  claim 19 , wherein the unsolicited electronic message is received from the electronic marketplace. 
     
     
         21 . The system of  claim 19 , wherein the unsolicited electronic message comprising the acceptance includes actionable data that when activated is configured to execute an action in the electronic marketplace.