System and methods for processing open-end mutual fund...

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

Reexamination Certificate

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C705S03600T, C705S035000, C705S026640

Reexamination Certificate

active

07636682

ABSTRACT:
A system for processing mutual fund order messages, including mutual fund purchase and redemption transactions, comprising a server for receiving order messages from at least one of a plurality of designated Exchanges or brokers, aggregating the order messages, reformatting the order messages and transmitting the order messages to at least one of a plurality of Fund/Securities Clearing Agents for confirmation, clearing and settlement including issuance and redemption of mutual fund shares.

REFERENCES:
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patent: 5864827 (1999-01-01), Wilson
patent: 5949044 (1999-09-01), Walker et al.
patent: 6029146 (2000-02-01), Hawkins et al.
patent: 6148293 (2000-11-01), King
patent: 6236972 (2001-05-01), Shkedy
patent: 6247000 (2001-06-01), Hawkins et al.
patent: 6267292 (2001-07-01), Walker et al.
patent: 6418419 (2002-07-01), Nieboer et al.
Distribution of Mutual Fund 1099s improved; more changes considered Thomas Sutter. ABA Trust & Investments. Washington: May/Jun. 1999. vol. 69 p. 40, 2 pgs.

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