Automatic trading method and apparatus

Details Automatic trading method and apparatus Automatic trading method and apparatus

1990-08-31

1994-05-24

Kuntz, Curtis

Telephonic communications

Having light wave or ultrasonic link for speech or paging...

Including fiber optic link within telephone network

379 75, 3642222, 3642223, 3642272, 3649188, H04M 1108

Patent

active

053156340

ABSTRACT:
A method and system is provided for automatically trading of items such as stocks with improved security. After receiving an initial identifying contact from a contractor, a trader will contact the contractor with a different communication device from the initial contact with confirmation information that was stored in association with a contractor first identifying code. The contractor must then reconfirm the fairness of the trading data using at least a portion of the confirmation information.

REFERENCES:
patent: 3976840 (1976-08-01), Cleveland et al.
patent: 4598367 (1986-07-01), DeFrancesco et al.
patent: 4799156 (1989-01-01), Shavit et al.
patent: 4881129 (1989-11-01), Mitsuhashi
patent: 4974254 (1990-11-01), Perine et al.
patent: 5038284 (1991-08-01), Kramer
Telecommunications magazine advertisement "Smarter Than Smart ITT Security Modem", p. 106, Apr. 1986.
Telecommunications magazine article "Securing Dial-Up Networks", by J. Holmes, Mar. 1984, pp. 84, 124.
Telecommunications magazine advertisement "Innovative Products from a Data Communications Leader", p. 37, Apr. 1986, vol. 20, No. 4.
Bloom, Paul et al. "A Network Solution for Improved Security for Computer Access," Oct. 1988, pp. 379-382. Proceedings of the 9th International Conference on Computer Communication (Oct. 30-Nov. 3, 1988). (English).

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