Automatic securities exchange system which detects communication

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or...

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34082529, G06F15300, G06F 1314

Patent

active

059874198

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.

REFERENCES:
patent: 4412287 (1983-10-01), Braddock
patent: 4823265 (1989-04-01), Nelson
patent: 5077665 (1991-12-01), Silverman et al.
patent: 5297031 (1994-03-01), Gutterman et al.
patent: 5305200 (1994-04-01), Hartheimer et al.
Computer Architecture & Organization; Hayes, John P. ; 1988 pp. 44-45; 491-497; 664-670.

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