Automatic securities exchange system which detects communications errors and allows cancellation of orders
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Nov 16, 1999
Grant Date -
N/A
app pub date -
Mar 18, 1994
filing date -
Apr 16, 1993
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
An electronic dealing system including a host system and a plurality of terminal systems and electronically performing matching processing of information on transaction orders placed by the order side customers and information on transactions placed by hit side customers so as to establish a transaction, wherein the host system is provided with a first detecting unit for detecting the occurrence of a fault in a communication system with a terminal system and a canceling unit for canceling orders of order side customers issued from a terminal system connected to that communication system when said first detecting unit detects that a fault in the communication system has occurred.
First Claim
Other Claims data not available
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International Classification(s)
Cited Art Landscape
Patent Citation Ranking
- 45 Citation Count
- G06F Class
- 80.59 % this patent is cited more than
- 26 Age