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Computerized stock exchange trading system automatically formatting orders from a spreadsheet to an order entry system

Patent 6134535 Issued on October 17, 2000. Estimated Expiration Date: Icon_subject September 19, 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

Automated securities trading system
Patent #: 4674044
Issued on: 06/16/1987
Inventor: Kalmus ,   et al.

Method for dynamically creating a receiver definable local trading instrument displayable record from a remotely transmitted trading instrument common data stream
Patent #: 4750135
Issued on: 06/07/1988
Inventor: Boilen

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Issued on: 09/19/1989
Inventor: Williams, Jr.

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Patent #: 5101353
Issued on: 03/31/1992
Inventor: Lupien, et al.

Method and apparatus for order management by market brokers
Patent #: 5297031
Issued on: 03/22/1994
Inventor: Gutterman, et al.

Securities trading workstation
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Issued on: 03/22/1994
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5339392

Virtual reality generator for use with financial information Patent #: 5675746
Issued on: 10/07/1997
Inventor: Marshall

Inventor

Assignee

Application

No. 716389 filed on 09/19/1996

US Classes:

705/37Trading, matching, or bidding

Examiners

Primary: Voeltz, Emanuel T.
Assistant: Kalinowski, Alexander

Attorney, Agent or Firm

Foreign Patent References

  • 401 203 EP. 12/09/1990

International Class

G06F 017/60

Foreign Application Priority Data

1994-03-23 CA

Abstract

An improvement in computer automated stock exchange trading whereby a graphic user interface with a mouse and display is used to select parameters such as share symbol, price selection, order size, and transaction type, as well as other indicators to launch a trading order to the order entry system of a stock exchange computer. Further improvements include a programmed interface by which data on a group of shares may be read from a spreadsheet formulated into an order and launched automatically or in response to a signal from an operator so as to trade an index or basket of shares substantially instantaneously.

Other References

  • Kelly, Doug, "Broker's Software Advances Computerized Stock Trading", Financial Post (Toronto, Canada), Sec. 1, p. 1, Aug. 14, 1992
  • Mesa User's Guide--Beta Release--Jul. 1992 together with Release Note dated Jul. 1, 1992
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  • Monsen, L., Using Microsoft.COPYRGT. Excel.RTM. 97, Chapters 19 and 20, Copyright.RTM. 1997, pp. 305-337
  • Nextworld, Mesa spreadsheet product advertisement and article, winter 1992
  • Nextworld, Mesa spreadsheet product advertisement and article, Feb./Mar. 1993
  • Nextworld, Mesa spreadsheet product advertisement, Apr/May. 1993
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  • Nextworld, Mesa spreadsheet product advertisement and article, Aug. 1993
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  • Nextworld, Mesa spreadsheet product advertisement, Nov. 1993
  • Nextworld, Mesa spreadsheet product advertisement, Dec. 1993
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