Two-way wireless system for financial industry transactions

Details Two-way wireless system for financial industry transactions Two-way wireless system for financial industry transactions

1995-06-07

1998-08-18

Tung, Bryan S.

395237, G06F 700, G06F 1700

Patent

active

057970025

ABSTRACT:
A data structure is disclosed for use in a two-way wireless system for processing equity trades and the like. The data structure is stored in a computer-readable memory and includes information used by an application program. The data structure comprises a plurality of data packets, each of which contains the information used by the application program as well as a sequence code and a volley code. The sequence code associates a subset of the data packets together. The volley codes defines a hierarchical relationship among the subject of data packets. An order data packet has a hierarchical level that differs from that of an one or more execution data packets. A many-to-one relationship exists between the execution data packets and the order data packet. Each execution data packet has an execution sequence number uniquely assigned by the application program. A two-way wireless system using such a data structure is also disclosed.

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