Methods and systems for purchase of commodities

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

2002-08-01

2010-11-23

Thein, M. (Department: 3627)

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

Automated electrical financial or business practice or...

Finance

C705S026640

Reexamination Certificate

active

07840475

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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