Securities brokerage-cash management system with short term investment proceeds allotted among multiple accounts
Patent 4774663 Issued on September 27, 1988. Estimated Expiration Date: 
September 27, 2005. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.
September 27, 2005. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.Patent ReferencesSecurities brokerage-cash management system Patent #: 4346442 InventorsAssigneeApplicationNo. 06/553688 filed on 11/21/1983US Classes:705/36R, Portfolio selection, planning or analysis705/35Finance (e.g., banking, investment or credit)ExaminersPrimary: Smith, JerryAssistant: Jablon, Clark A. Attorney, Agent or FirmInternational ClassG06Q 40/00 (20060101)AbstractData processing for an improved securities brokerage-cash management system supervises, implements and coordinates a margin securities brokerage account; participation in one or more short term investments; and subscriber unilaterally initiated use of charge, debit or checking instruments. Subscriber expenditures, effected as by charge card use, check and/or cash advance are applied on a hierarchal basis, seriatim, against the subscriber's free credit balance, short term investment and the lendable equity in his securities account. On a periodic basis, e.g., daily, received card charges, check, securities and deposit transactions for the ensemble of account participants are verified and employed to compute an updated credit limit for each subscriber.In accordance with one aspect of the present invention, the short term investments available to subscribers include an ordered ensemble of insured savings accounts.Other References
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