Method for pricing a trade
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United States of America Patent
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Jun 28, 2011
Grant Date -
Feb 3, 2005
app pub date -
Jan 15, 2004
filing date -
Jul 29, 2003
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A method for pricing a trade comprising providing a user input for entering trade data, providing a structure for receiving the trade data and then transmitting the structure to a pricing system. The structure, now populated with both the trade data and the pricing data, is received from the pricing system and the trade data and pricing information is displayed. Advantageously, the structure is encrypted prior to transmitting it to the pricing system and decrypted when received from the pricing system. The pricing system records the data and the pricing information, which may be automatically entered into a trading system if and when the user agrees.
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