Securities settlement system
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United States of America Patent
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Issued Date -
Oct 25, 2007
app pub date -
Mar 15, 2007
filing date -
Apr 6, 2006
priority date (Note) -
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status (Latency Note)
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Abstract
A securities settlement system for clearing trades comprising an input for receiving trade information, a selector for selecting a group of trades to be cleared, an aggregation unit for determining an aggregated obligation to be cleared by each user associated with the group of trades and a settlement unit for executing the aggregated obligations for each user to clear the trades in the group of trades.
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