Interactive securities trading system
August 26, 2016. 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 3573747 Securities brokerage-cash management system Securities brokerage-cash management system Automated stock exchange Automated securities trading system International commodity trade exchange Relocation management and reporting system Securities brokerage-cash management system with short term investment proceeds allotted among multiple accounts Automated futures trading exchange Goods database employing electronic title or documentary-type title InventorApplicationNo. 703133 filed on 08/26/1996US Classes:705/37, Trading, matching, or bidding705/26, Electronic shopping (e.g., remote ordering)705/38, Credit (risk) processing or loan processing (e.g., mortgage)705/40Bill distribution or paymentExaminersPrimary: MacDonald, Allen R.Assistant: Jeanty, Romain Attorney, Agent or FirmInternational ClassG06F 017/60AbstractA first individual enters an offer to sell a security on a first data processing system. This offer is sent to a server over a communication network which is available to the public. From the server, the offer is transmitted to additional data processing systems which are connected to the publicly-available communication network. The first user's offer is eventually sent to a second data processing system, where a second individual enters an acceptance to the first user's offer to sell a security. This second user's acceptance is then transmitted back to the server over the publicly-available communication network. Upon the arrival of the acceptance, an account belonging to the second user is debited for the amount of the security just purchased, and the second user obtains title to the securities.Other References
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