Personal point of sale commission rate benchmarking tool

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

Reexamination Certificate

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Details

C705S002000, C705S005000, C705S014510, C705S022000, C705S034000, C705S035000, C705S037000, C705S038000, C705S080000, C700S090000, C700S099000, C345S173000, C706S059000, C715S764000

Reexamination Certificate

active

08065216

ABSTRACT:
The invention provides a method of displaying an evaluation tool for evaluating a proposed commission on behalf of a professional at the time of carrying out a transaction. Using a principal and share/unit price for the proposed transaction, the method identifies nearest neighbour historical transactions. A graph is displayed showing the professional's proposed commission in relation to these nearest neighbour historical transactions. The professional can modify the proposed commission in light of the historical data before executing the transaction and charging the commission.

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Numerical Linear Algebra; Lloyd N. Trefethan and David Bau, Ill; Siam Society for Industrial and Applied Mathematics, Philadelphia; 1997.

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