Patent · US Expired

On-line trading system

US7529704B1 · kind B1 · utility

48Cited by
40References
7Claims
0Family size

Assignee

Inventors

Key dates

Filing dateDec 30, 1999
Grant dateMay 5, 2009
Priority date
Expiry dateDec 30, 2019

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/04
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A computer-based system for trading financial instruments alerts a computer operated by a financial advisor at points where a client interacts with the system. Specifically, in response to the client entering an order to trade a financial instrument, a first alert is transmitted in real-time to the financial advisor's computer including information pertaining to the trade. In the case of validation, in response to the first alert, the user of the financial advisor computer can, in real-time, take action regarding the validated trade prior to execution of the trade. On the other hand, in the case of non-validation, a second alert is transmitted to the financial advisor's computer, and the user of the financial advisor computer can, in real-time, again take action regarding the non-validated trade prior to execution of the trade.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.