Integrated Exchange for 24 hour real time trading of fungibles & continuous cash T+0 settlement
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Jun 18, 2009
app pub date -
Dec 16, 2007
filing date -
Dec 16, 2007
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
An Integrated Exchange that consolidates the exchange, broker & clearing house functions into a single platform for continuous 24 hour real time trading of securities, currencies, commodities & other fungibles. Both corporate and individual investors have accounts with the Integrated Exchange. Both corporate and individual investors trade directly with one another electronically through the Integrated Exchange. Account status, statements and cash T+0 settlement, and quotes are all in real time. The exchange's integrated software can perform credit check on new orders and calculate margin of long & short positions and any offsetting positions located in multiple related accounts each of which may have a different account currency. The exchange has 28 order types including visible, prearranged and hidden orders. Integrating the exchange, broker & clearing house functions into a single platform is efficient and leads to reduced execution costs for investors.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully