Patent №
US 6,594,643
Granted
2003-07-15
Filed 1999
Owner
AUTOMATED BUSINESS COMPANIES
Lab
—
AI components
2
kr · planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
09451643
The present invention relates to a system for automatically trading real investment items desirably on at least one trading exchange based on predetermined conditions. The present invention includes a data interface for receiving investment data identifying at least one item capable of being traded and containing information uniquely associated with the item. An individual trading computer receives predetermined trading criteria for making a trade. The individual trading computer receives the investment data and the predetermined trading criteria. The individual trading computer then analyzes the investment data with the trading criteria and outputs a trade request signal desirably with no manual intervention in response to the analysis determining that the item should be traded. The trade request signal identifies at least one trade of the item to be made by a trader and authorizes the trader to make the trade identified in the trade request so that at least a portion of the trade identified in the trade request signal can be consummated.
AI classification
Ownership
AUTOMATED BUSINESS COMPANIES
assignment · 104210220
Assignors
FREENY, CHARLES C., JR.
On an employer assignment, the assignors are typically the inventors.