Patent · US Active

Transaction gateway

US8069107B2 · kind B2 · utility

0Cited by
2References
17Claims
0Family size

Assignee

Inventors

Key dates

Filing dateApr 23, 2008
Grant dateNov 29, 2011
Priority date
Expiry dateJun 20, 2029

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q50/188
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A computerized method for online trading of options is disclosed. The method includes the steps of providing an interface screen that shows market data and market data analysis useful to conduct a transaction and allows a user to input various transaction parameters, wherein the market data and market data analysis shown on the interface screen are continuously updated; dynamically receiving selected transaction parameters for an option from the user; calculating an option premium for the option based on the selected transaction parameters and the continuously updated market data; providing the dynamically calculated option premium to the user; receiving an on-line offer for purchasing the option from the user; and presenting the received offer to a seller of the option for acceptance or rejection.

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