Methods and systems for purchase of commodities

Details Methods and systems for purchase of commodities Methods and systems for purchase of commodities

2011-08-02

2011-08-02

Thein, M. (Department: 3627)

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

Automated electrical financial or business practice or...

Finance

C705S026640

Reexamination Certificate

active

07991685

ABSTRACT:
The invention is directed to methods and systems for commodities procurement with concomitant hedging. The invention enables automatic commodity purchase at a desired basis level when a seller's price matches a buyer's basis bid and concomitantly automatically placing an electronic commodities order to hedge the buyer's purchase.

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“Ins and Outs of Program Trading, and Why It's Being Blamed for Market Collapse,” Los Angeles Times, Dec. 6, 1987, Los Angeles, California.
Philip Crawford, “The New High-Tech Investing: Computer as Fund Manager,” International Herald Tribune, Feb. 1, 1992, New York, New York.
Barbara Lindemann Schlei, “Electronic Trading of Agricultural Products,” Commonwealth Club, Jul. 8, 1980, pp. 1-22, San Francisco, California.

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