Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2001-03-08
2010-10-12
Felten, Daniel S (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S032000, C705S026640, C705S028000
Reexamination Certificate
active
07813991
ABSTRACT:
A market process facilitates trade negotiation between trading processes using three methodologies. In one methodology, when a fruitful negotiation opportunity is detected, the market process provides an alphanumeric message to one of the trading processes so that the owners of the trading processes can negotiate privately, such as by telephone. In another methodology, the market process provides the name of a broker to at least one of the trading processes; the broker may be a human or another software process. In a third methodology, the market process forwards messages between the trading processes. Each trading process can specify a disclosure level associated with orders left with the market process and with market inquiries. Each trading process can specify desirable or undesirable contra-parties, and the trading history of a pair of trading processes can be used to determine their desirability or undesirability as trading partners.
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Christensen O'Connor Johnson & Kindness PLLC
Felten Daniel S
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