Patent · US Expired

System and method for making trades

US7974909B1 · kind B1 · utility

10Cited by
15References
32Claims
0Family size

Assignee

Inventor

Key dates

Filing dateAug 28, 2003
Grant dateJul 5, 2011
Priority date
Expiry dateOct 27, 2024

Classification

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

Abstract

One aspect of the invention includes a trading system that enables a trader to systematically layout and describe trading processes and to configure the trading system to automatically perform trading functions for the trader. This aspect frees the trader from the task of implementing those processes and enables the trader to focus on trading. The trading system may respond and react faster than the trader, and the trader may, in turn, concentrate on an overall trading strategy versus concentrating on implementing that strategy. In another aspect, the invention enables the trading system to perform a trading using snapshot processing.

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