Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2004-06-17
2008-08-26
Cuff, Michael (Department: 3627)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S026640, C705S03600T
Reexamination Certificate
active
07418423
ABSTRACT:
An integrated virtual market is provided that facilitates communication between the producers of a given commodity and the parties wishing to purchase such commodities. This system provides real-time updated information about local pricing being offered by those purchasers. In addition, those producers can post offers that can automatically be accepted by purchasers and have contracts automatically generated. An important consideration from a purchaser's prospective is minimizing the risk associated with making such transactions. Due to this, futures contracts are often obtained. The virtual market system of the present inventions automatically requests and obtains futures contracts to hedge the contracts being generated.
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Beadle Kent
Cerreta Scott
Clark David
Granada Rodriguez Julia A.
Humphries Walker
Cuff Michael
Farms Technology, LLC
Law Offices of Grady L. White, LLC
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