Device and method for improving the speed and reliability of sec

Boots – shoes – and leggings

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G06F 1760

Patent

active

054973171

ABSTRACT:
A security trade settlement device is provided. The device comprises a database having a plurality of delivery instruction sets, a database receiver for receiving an identifier, a database searcher for searching the database, and a database transmitter for transmitting the retrieved instruction set corresponding to the identifier. The device preferably also comprises a participant transmitter for transmitting the identifier and a participant receiver for receiving and outputting the retrieved, transmitted delivery instruction set. The database preferably also includes a plurality of account information sets which include a custodian delivery instruction set specified by the institution. In other aspects, the invention comprises methods of operating the database and the security trade settlement communication device.

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"Industry User Group--ETC" Business Requirements Specification, Version 1, 3 Feb. 1992.
"Institutional Delivery System--Interactive Machine Readable--Trade Output Specification", Version 01, Dep. Trust Co., Sep. 29, 1993.
"Institutional Delivery System--Interactive Machine-Readable" Trade Input Specification--Version 01, Dep. Trust Co., Sep. 29, 1993.
"Institutional Delivery System--Interactive ID" Input-Output Appendices, Depository Trust Co., Sep. 29, 1993.

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