
US Patent No: 8,160,950
Number of patents in Portfolio can not be more than 2000
Method and apparatus for trading assets
Stats
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Apr 17, 2012
Issued date -
Nov 7, 2003
filing date -
10/703,090
serial no -
In Force
status
Importance
Abstract
Method and apparatus for trading financial assets, such as foreign exchange and money market instruments, commodities and securities. The invention, which may be accessed over an interconnected data communications network, such as the Internet, using a standard Web browser, as well as via a proprietary user interface, receives customer requirements, automatically combines and organizes those requirements into a batch of orders according to a set of customer preferences, and displays the batch of orders to the customer, along with indicative or actual price quotes, such that the customer may select and process multiple orders and multiple requirements simultaneously. Orders are priced and booked automatically.
First Claim
Related Publications
International Classification(s)
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- [Patents Count]
Cited Art
| Patent Info | (Count) | # Cites | Year |
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| 5,727,165 Offer matching system having timed match acknowledgment | 355 | 1994 | |
| 7,080,033 Electronic trading system including an auto-arbitrage feature or name switching feature | 28 | 2002 | |
| 7,225,150 Electronic trading system including an auto-arbitrage feature or name switching feature | 9 | 2005 | |
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| 6,247,000 Method and system for confirmation and settlement for financial transactions matching | 131 | 1998 | |
| 5,978,485 Foreign exchange transaction system | 47 | 1998 | |
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| 6,134,535 Computerized stock exchange trading system automatically formatting orders from a spreadsheet to an order entry system | 236 | 1996 | |
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| 2003/0033,239 Request for quote (RFQ) and inside markets | 48 | 2002 | |
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| 7,822,672 Price change of orders from reserve in an electronic trading system | 8 | 2001 | |
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| 5,787,402 Method and system for performing automated financial transactions involving foreign currencies | 287 | 1996 | |
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| 2008/0185,975 System and method for wide-range high-accuracy-low-dropout current regulation | 1 | 2008 | |
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| 6,343,278 Combined order limit for a group of related transactions in an automated dealing system | 170 | 1999 | |
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| 6,421,653 Systems, methods and computer program products for electronic trading of financial instruments | 393 | 1998 | |
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| 2002/0143,689 Trade aggregation system | 11 | 2001 | |
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| 7,536,354 Methods for electronic multiparty accounts receivable and accounts payable systems | 55 | 2002 | |
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| 7,529,704 On-line trading system | 13 | 1999 | |
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| 5,136,501 Anonymous matching system | 850 | 1989 | |
Patent Citation Ranking
Maintenance Fees
| Fee | Large entity fee | small entity fee | micro entity fee | due date |
|---|---|---|---|---|
| 3.5 Year Payment | $1600.00 | $800.00 | $400.00 | Oct 17, 2015 |
| 7.5 Year Payment | $3600.00 | $1800.00 | $900.00 | Oct 17, 2019 |
| 11.5 Year Payment | $7400.00 | $3700.00 | $1850.00 | Oct 17, 2023 |
| Fee | Large entity fee | small entity fee | micro entity fee |
|---|---|---|---|
| Surcharge - 3.5 year - Late payment within 6 months | $160.00 | $80.00 | $40.00 |
| 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 |