Method and apparatus relating to conducting trading transactions with portable trading stations

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United States of America Patent

PATENT NO 5038284
SERIAL NO

07157963

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A central computer equipped with communications hardware and specially designed software receives transaction data from personal transaction stations operated by traders, sends back verification information to the traders, reconciles all trades, informs traders when an error occurs, generates complete records of all transactions, reports price and volume data to quote vendors, provides numerous reports which analyze trading activity to detect potential regulatory violations, creates a complete real-time backup copy of all data, and provides intraday profit, loss, risk, and margin information to exchange and Futures Commission Merchant personnel.

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Kramer, Robert M 104 W. 70th St., New York, NY 10023 3 631

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