U.S. patents available from 1976 to present.
U.S. patent applications available from 2005 to present.

Automated futures trading exchange

Patent 4903201 Issued on February 20, 1990. Estimated Expiration Date: Icon_subject February 20, 2007. 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 References

3253263

3573747

3581072

3594503

3596254

3652795

3753233

3770941

3848233

Data processing system, specially for real-time applications
Patent #: 3974480
Issued on: 08/10/1976
Inventor: Gernelle

More ...

Inventor

Assignee

Application

No. 548319 filed on 11/03/1983

US Classes:

705/37Trading, matching, or bidding

Examiners

Primary: Smith, Jerry
Assistant: Grossman, Jon D.

Attorney, Agent or Firm

International Class

G06F 015/30

Abstract

A computerized open outcry exchange system for transacting sales of a particular futures commodity contract by members of a futures trading exchange wherein bids to purchase or offers to sell the particular commodity contract are made by the members through remote terminals and the exchange computer automatically matches offers and bids to complete the transaction.

Other References

  • Wall Street Journal, "Amex, Toronto Exchange Develop a Plan to Link Trading Floors Electronically", date not known
  • Info World, "Buying Stocks On-Line", 9/17/84, pp. 31-32
  • "Trading System Falling Apart; Will Exchanges Automate?", undated article from magazine of unknown origin
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