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

Method and apparatus for order management by market brokers

Patent 5297031 Issued on March 22, 1994. Estimated Expiration Date: Icon_subject March 22, 2011. 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

International commodity trade exchange
Patent #: 4677552
Issued on: 06/30/1987
Inventor: Sibley, Jr.

System for interactively playing poker with a plurality of players
Patent #: 4760527
Issued on: 07/26/1988
Inventor: Sidley

Automated futures trading exchange
Patent #: 4903201
Issued on: 02/20/1990
Inventor: Wagner

Interactive synthesized speech quotation system for brokers
Patent #: 4942616
Issued on: 07/17/1990
Inventor: Linstroth, et al.

Voice actuated automated futures trading exchange
Patent #: 4980826
Issued on: 12/25/1990
Inventor: Wagner

Method and apparatus relating to conducting trading transactions with portable trading stations
Patent #: 5038284
Issued on: 08/06/1991
Inventor: Kramer

Automated system for providing liquidity to securities markets Patent #: 5101353
Issued on: 03/31/1992
Inventor: Lupien, et al.

Inventors

Assignee

Application

No. 489196 filed on 03/06/1990

US Classes:

705/37Trading, matching, or bidding

Examiners

Primary: Envall, Roy
Assistant: Poinvil, Frantzy

Attorney, Agent or Firm

International Class

G06F 015/20

Abstract

There is provided a broker workstation for managing orders in a market for trading commodities, securities, securities options, futures contracts and futures options and other items including: a device for selectively displaying order information; a computer for receiving the orders and for controlling the displaying device; and a device for entering the orders into the computer; wherein the displaying device comprises a device for displaying selected order information about each incoming order, a device for displaying a representation of an order deck and a device for displaying a total of market orders. In another aspect of the invention, there is provided in a workstation having a computer, a device for entering order information into the computer and a device for displaying the order information entered, a method for managing orders in a market for trading commodities, securities, securities options, futures contracts and futures options and the like comprising the steps of: selectively displaying order information incoming to the workstation; accepting or rejecting orders corresponding to the incoming order information displayed; displaying accepted order information in a representation of a broker deck; and selectively displaying a total of orders at the market price.

Other References

  • "Unisys introduces PC-based quotation system for stockbrokers at Securities Industry trade show in New York", Feb. 10, 1988, article from Dialog File 649-Newswire ASAP.RTM.
  • "GTE Telenet and Reveal Software Inc. have cooperated in developing a complete broker's workstation software package", Jan. 22, 1985, article from Diaglog File 649-Newswire ASAP.RTM.
  • Bucken, M. "Stock traders ponder Make or Buy choice", Software Magazine, vol. 9, No. 15, Dec. 1989, 75-77. (abstract of article)
  • Mazzella, D. P. "Workstations for financial services professionals", Wall Street Computer Review, vol. 3, No. 8, May 1986, 51-58 (abstract of article)
  • Nathans, L. "Can computers help Merrill take possession of the field?", Wall Street Computer Review, vol. 3, No. 5, Feb. 1986, 35-39 (abstract of article)
  • "Software alliance unveils system to help banks trade securities", American Banker, Nov. 17, 1987, 14 (abstract of article)
  • "StarLAN chosen to link Hutton branches", PC Week, May 12, 1987, c241, (abstract of article)
  • "Unisys: Unisys broadens commitment to securities industry with snapnet back office administrative system", Nov. 7, 1989, article from Diaglog File 610-Businesswire
  • Lyons, D. J. "Brokers tuning in to intelligent workstations", PC Week, vol. 4, Oct. 6, 1987, 187
  • "Stratus to use Apollo's network computing system to link workstations, OLTP computers", Apr. 26, 1988, article from Diaglog File 610-Businesswire
  • "SAEF 2. Product Overview," (date unknown)
  • I. Schmerken, "How Computer Assisted Trading is Making the Toronto Stock Exchange Purr," Wall Street Computer Review, (Dec. 1987) pp. 71-78, 97
  • Anon., "SOFFEX Management Summary," Swiss Options and Financial Futures Exchange Ltd. (1987
PatentsPlus Images
Enhanced PDF formats
loading...
PatentsPlus: add to cart
PatentsPlus: add to cartSearch-enhanced full patent PDF image
$9.95more info
PatentsPlus: add to cart
PatentsPlus: add to cartIntelligent turbocharged patent PDFs with marked up images
$16.95more info
 
Sign InRegister
Username  
Password   
forgot password?