Electronic security/stock trading system with voice synthesis response for indication of transaction status
US5926801A · kind A · utility
Assignee
Inventors
Key dates
| Filing date | Apr 3, 1996 |
| Grant date | Jul 20, 1999 |
| Priority date | — |
| Expiry date | Apr 3, 2016 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An electronic dealing system which electronically performs matching processing between the information on transaction orders placed by order side customers and information on transaction orders placed by hit side customers so as to establish transactions, which system sets a margin relative to a last trade price, calculates a decision price from the last trade price and the set margin when the last trade price has been determined, detects if a situation has occurred which is disadvantageous to the customer under current market conditions with respect to the price of the offered order by judging the relative size of the price of the order placed by the order side customer and the calculated decision price, and outputs an alarm when it detects the occurrence of a disadvantageous situation, whereby the load on the customer is lightened and the customer can trade with more certainty.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.