
US Patent No: 7,447,654
Number of patents in Portfolio can not be more than 2000
Computer trading of financial interests
Stats
-
Nov 4, 2008
Issued date -
Aug 30, 2001
filing date -
09/943,442
serial no -
In Force
status
Importance
Abstract
Methods, systems, and apparatus for improved trading of financial interests via a computer network are disclosed. Improvements include crossing or commingling of auction and non-auction transaction proposals; disclosure of high bids and of identify of high bidders and offerors during the auction process; presentation of reference benchmark prices and benchmark-derived price references; immediate rescission of multiple proposed transactions in case of emergency; time-limited passwords; assignment of user access level classes; keyword tagging or identification of offers or bids; the use of multiple data sets or trading channels to enable separation of accounting and to accommodate training and familiarization efforts; enabling the creation of data sets in outside programs and subsequent and optionally repeated uploading or importation of data to the auction system; and staging of transactions for supervisory review. The invention includes methods and processes as well as suitable computer programs and data processing systems.
First Claim
Related Publications
International Classification(s)
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- [Patents Count]
Cited Art
| Patent Info | (Count) | # Cites | Year |
|---|---|---|---|
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| 5,689,652 Crossing network utilizing optimal mutual satisfaction density profile | 559 | 1995 | |
| 5,845,266 Crossing network utilizing satisfaction density profile with price discovery features | 550 | 1995 | |
| 5,950,177 Crossing network utilizing optimal mutual satisfaction density profile | 162 | 1997 | |
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| 4,674,044 Automated securities trading system | 808 | 1985 | |
| 5,297,032 Securities trading workstation | 642 | 1991 | |
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| 5,845,265 Consignment nodes | 553 | 1995 | |
| 6,151,589 Methods for performing large scale auctions and online negotiations | 101 | 1998 | |
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| 5,905,975 Computer implemented methods and apparatus for auctions | 470 | 1997 | |
| 6,021,398 Computer implemented methods and apparatus for auctions | 190 | 1999 | |
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| 5,136,501 Anonymous matching system | 853 | 1989 | |
| 5,924,083 Distributed matching system for displaying a book of credit filtered bids and offers | 292 | 1996 | |
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| 6,223,167 Method and system for handling disruptions in the management of electronic auctions | 29 | 1999 | |
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| 6,055,518 Secure auction systems | 164 | 1996 | |
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| 6,035,287 Method and apparatus for bundled asset trading | 311 | 1997 | |
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| 5,905,974 Automated auction protocol processor | 445 | 1996 | |
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| 5,297,031 Method and apparatus for order management by market brokers | 639 | 1990 | |
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| 6,029,146 Method and apparatus for trading securities electronically | 267 | 1996 | |
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| 5,375,055 Credit management for electronic brokerage system | 469 | 1992 | |
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| 5,835,896 Method and system for processing and transmitting electronic auction information | 740 | 1996 | |
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| 5,915,209 Bond trading system | 226 | 1997 | |
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| 4,789,928 Auction information transmission processing | 576 | 1987 | |
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| 5,924,082 Negotiated matching system | 555 | 1995 | |
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| 6,317,727 Systems, methods and computer program products for monitoring credit risks in electronic trading systems | 286 | 1998 | |
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| 6,618,707 Automated exchange for trading derivative securities | 175 | 1999 | |
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| 6,161,099 Process and apparatus for conducting auctions over electronic networks | 224 | 1998 | |
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| 5,809,483 Online transaction processing system for bond trading | 290 | 1997 | |
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| 5,724,524 Method and system for listing, brokering, and exchanging carrier capacity | 158 | 1995 | |
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| 5,077,665 Distributed matching system | 719 | 1989 | |
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| 5,758,328 Computerized quotation system and method | 614 | 1996 | |
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| 5,101,353 Automated system for providing liquidity to securities markets | 751 | 1989 | |
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| 5,535,383 Database system with methods for controlling object interaction by establishing database contracts between objects | 46 | 1994 | |
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| 6,131,087 Method for automatically identifying, matching, and near-matching buyers and sellers in electronic market transactions | 355 | 1998 | |
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| 5,517,406 Method and apparatus for data verification and position reporting in an automated trade transactions processing system | 123 | 1994 | |
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| 6,014,643 Interactive securities trading system | 371 | 1996 | |
| 2009/0132,648 CONTENT DELIVERY AND GLOBAL TRAFFIC MANAGEMENT NETWORK SYSTEM | 2009 | ||
Patent Citation Ranking
Maintenance Fees
| Fee | Large entity fee | small entity fee | micro entity fee | due date |
|---|---|---|---|---|
| 7.5 Year Payment | $3600.00 | $1800.00 | $900.00 | May 4, 2016 |
| 11.5 Year Payment | $7400.00 | $3700.00 | $1850.00 | May 4, 2020 |
| Fee | Large entity fee | small entity fee | micro entity fee |
|---|---|---|---|
| Surcharge - 7.5 year - Late payment within 6 months | $160.00 | $80.00 | $40.00 |
| Surcharge - 11.5 year - Late payment within 6 months | $160.00 | $80.00 | $40.00 |
| Surcharge after expiration - Late payment is unavoidable | $700.00 | $350.00 | $175.00 |
| Surcharge after expiration - Late payment is unintentional | $1,640.00 | $820.00 | $410.00 |