Trading ticket output system

Details Trading ticket output system Trading ticket output system

1988-10-24

1991-03-26

Smith, Jerry

Boots, shoes, and leggings

364900, G06K 1500

Patent

active

050034731

ABSTRACT:
A trading ticket output communication system for communicating trading ticket output information (812) relating to a plurality of different type confirmed trading transaction (806, 810) from one or more uniquely identifiable local ticket data bases (814, 416) at which the trading ticket output information is initially collected (816) to a remote back office data base (401) is disclosed in which trading tickets may be requested from a local data base (814, 416) in order of confirmation of trading transaction independent of the type of trading transaction involved. The invention is described, by way of example, with respect to the money market in which the various types of trading transactions comprise single deals, such as spot or outright deals, swap deals, and deposit deals. The local data base (814,416) also stores a status record corresponding to the trading ticket record content of the local data base (814,416), which record changes with each change in the number of confirmed trading transaction records at the local data base (814, 416). The status record at the local data base (814,416) is used as a source of information with respect to the occurrence of additional trading transactions so that the remote data base (401) may be advised of the presence of additonal trading tickets at the various local data bases (814,416) without the need for continual polling.

REFERENCES:
patent: 4745559 (1988-05-01), Willis et al.
patent: 4750135 (1988-06-01), Boilen

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