COMPUTER-IMPLEMENTED SECURITIES TRADING SYSTEM WITH A VIRTUAL SPECIALIST FUNCTION

Patent №

US 6,505,174

Granted

2003-01-07

Filed 1998

Owner

HSX, INC.

+1 more

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

09184571

The present invention discloses method, apparatus, and article of manufacture for a computer-implemented financial management system that permits the trading of securities via a network. A server computer receives buy and sell orders for derivative financial instruments from a plurality of client computers. The server computer matches the buy orders to the sell orders and then generates a market price through the use of a virtual specialist program executed by the server computer. The virtual specialist program responds to an imbalance in the matching of the buy and sell orders.

PlanningG06Q 40/04G06Q 10/063G06Q 40/00G06Q 40/06

AI classification

Planning1.00
Evolutionary computation0.11
Knowledge representation0.03
Machine learning0.00
AI hardware0.00
Speech0.00
Vision0.00
Natural language0.00

Ownership

HSX, INC.

assignment · 100500709

CFPH, L.L.C.

assignment · 121540014

Assignors

KEISER, TIMOTHY M., BURNS, MICHAEL R.

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

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