Global clearing link
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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-
N/A
Issued Date -
Apr 14, 2005
app pub date -
Oct 9, 2003
filing date -
Oct 9, 2003
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
The present invention relates to a clearing link connecting a plurality of clearing houses for clearing and settling transactions stemming form a trading platform. The clearing link processes transaction data stemming from the trading platform to be forwarded to individual clearing houses. The clearing house(s) are selected based on a transaction data analysis and predefined forward conditions. A trade member is thus able to select a clearing house not directly linked to the market of the trade member.
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Cited Art Landscape
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