Commerce information processor, commerce terminal, commerce...

Details Commerce information processor, commerce terminal, commerce... Commerce information processor, commerce terminal, commerce...

2008-03-25

2008-03-25

Poinvil, Frantzy (Department: 3692)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S035000, C705S03600T

Reexamination Certificate

active

07349880

ABSTRACT:
A transaction information processing apparatus and the like for carrying out electronic business transactions of various products and services is provided. Equipped with a subscription information database (12) for storing a subscription total number or a subscription total amount, a bid information database (15) for storing a bid unit price and a bid number or a bid total amount, and successful bid processing section (21h) for carrying out a successful bid processing of a transaction item. This successful bid processing section (21h) includes a successful bid stock price determination section (21j) for determining the same successful bid price to all the successful bidders, and a successful bid stock number determination section (21k) for determining successful bid numbers to all the successful bidders. According to this apparatus, it is possible to determine objectively and rationally prices of products of which actual transaction volumes are small.

REFERENCES:
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PCT International Application Publication No. WO 97/37315; Fisher et al “Method and System for Processing and Transmitting Electronic Auction Information” Publication date: Oct. 9, 1997.
PCT International Application Publication No. WO 90/1157; Belden et al “Simulated Live Market Trading System”; Publication date: Oct. 4, 1990.

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