METHOD AND APPARATUS FOR TRADING SECURITIES ELECTRONICALLY

Patent №

US 6,029,146

Granted

2000-02-22

Filed 1996

Owner

CROSSMAR, INC.

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

08700836

The Broker to Broker Matching Electronic Trading Confirmation system confirms and settles trade orders placed between brokers from various regions of the world. It automatically matches the originating broker's orders with the executing broker's confirmations, generates and sends settlement instructions to the broker's corresponding clearing agents, and allows those clearing agents to monitor orders before the orders are executed, minimizing risk and improving settlement rates.

PlanningG06Q 40/04G06Q 40/00

AI classification

Planning1.00
Knowledge representation0.21
AI hardware0.04
Natural language0.04
Machine learning0.01
Evolutionary computation0.00
Speech0.00
Vision0.00

Ownership

CROSSMAR, INC.

assignment · 82970422

Assignors

HAWKINS, JOHN G., JACOBS, DAVE M., FITZPATRICK, RICK

On an employer assignment, the assignors are typically the inventors.

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