Methods and systems for purchase of commodities
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United States of America Patent
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Nov 23, 2010
Issued Date -
N/A
app pub date -
Aug 1, 2002
filing date -
Aug 1, 2002
priority date (Note) -
In Force
status (Latency Note)
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Abstract
The invention is directed to methods and systems for commodities procurement with concomitant hedging. The invention enables automatic commodity purchase at a desired basis level when a seller's price matches a buyer's basis bid and concomitantly automatically placing an electronic commodities order to hedge the buyer's purchase.
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Cited Art Landscape
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