System and method for generating market pricing information...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Including point of sale terminal or electronic cash register

Reexamination Certificate

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C705S014270

Reexamination Certificate

active

09745979

ABSTRACT:
A system for generating market pricing information for a non-fungible target item includes one or more databases containing historical pricing information for at least one reference item, historical pricing information for at least the target item, and market pricing information for at least the reference item. A pricing engine determines a pricing differential between the target item and the reference item that reflects historical pricing information for the target and reference items. The pricing engine applies the pricing differential to the market pricing information for the reference item to generate market pricing information for the target item. The market pricing information for the reference item may include a substantially real-time current market price for the reference item, and the market pricing information for the target item may be generated in the form of a substantially real-time current market price quote for the target item for communication to a market participant.

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