Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Patent
1997-12-18
2000-08-15
Swann, Tod R.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
705 37, G06F 1530, G06F 1760
Patent
active
061050059
ABSTRACT:
A multi-purpose data processing system that is capable of going on-line to provide an operative link with established financial markets in support of subscriber trading. The system has two modes of operation. A first mode is directed to support for financial transactions or services that are necessary, but not critical. The second mode addresses a lost trading link from a primary trading system pursuant to a catastrophic event, and provides a remote trading platform to a plurality of pre-select traders. The second mode is accessible via disaster declaration, and the system permits custom terminal configuration in accordance with designated traders. Operation allows quick assess to markets when the primary market link outlet is down.
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Kanof Pedro R.
Merrill Lynch & Co. Inc.
Swann Tod R.
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