Quotables
"I hate what they've done to my child...I would never let my own children watch it. "
Vladimir Zworykin, television pioneer ; Talking about an invention in which he played a critical role.
PatentStorm News
Make the Most of PatentStorm
See this month's Top Inventors and Most Cited Patents.
Stay on top of the latest patents by subscribing to an RSS feed.
Got questions? Ask a Patent Expert!
Registered users: Manage your profile, comments and alerts.
US Patent 7379898 - System and method for generating market pricing information for non-fungible items
US Patent Issued on May 27, 2008
Estimated Patent Expiration Date:
December 22, 2020Estimated 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.
Estimated Patent Expiration Date:
December 22, 2020Estimated 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.AbstractA system for generating market pricing information for a non-fungible target item includes one or more databases containing historical pricing information for at least one reference item, historical pricing information for at least the target item, and market pricing information for at least the reference item. A pricing engine determines a pricing differential between the target item and the reference item that reflects historical pricing information for the target and reference items. The pricing engine applies the pricing differential to the market pricing information for the reference item to generate market pricing information for the target item. The market pricing information for the reference item may include a substantially real-time current market price for the reference item, and the market pricing information for the target item may be generated in the form of a substantially real-time current market price quote for the target item for communication to a market participant. | InventorAssigneeApplicationNo. 09745979 filed on 12/22/2000US Classes:705/20, Price look-up processing (e.g., updating)705/10Market analysis, demand forecasting or surveyingField of Search705/37, Trading, matching, or bidding705/70, Home banking705/80, ELECTRONIC NEGOTIATION705/10, Market analysis, demand forecasting or surveying705/26, Electronic shopping (e.g., remote ordering)705/35, Finance (e.g., banking, investment or credit)705/20Price look-up processing (e.g., updating)ExaminersPrimary: Weisberger, R. C.Attorney, Agent or FirmUS Patent References1927702, 3581072, 5063506, Cost optimization system for supplying partsIssued on: 11/05/1991 Inventor: Brockwell, et al. 5117354, 5172314, Apparatus for communicating price changes including printer and display devices Issued on: 12/15/1992 Inventor: Poland, et al.5249120, Automated manufacturing costing system and method Issued on: 09/28/1993 Inventor: Foley5873069, System and method for automatic updating and display of retail prices Issued on: 02/16/1999 Inventor: Reuhl, et al.5987435, Proxy asset data processor Issued on: 11/16/1999 Inventor: Weiss, et al.6415268, Method of recovering the real value of a stock from the stock pricing data Issued on: 07/02/2002 Inventor: Korisch6513020Proxy asset data processor Issued on: 01/28/2003 Inventor: Weiss, et al. International ClassG06Q 20/00 |
