System for trading commodities and the like
First Claim
1. A system comprising:
- at least one client device;
at least two independent computerized exchanges, each of said computerized exchanges configured to execute electronic transactions involving a group of commodities; and
a computer server positioned between, and in communication with, the at least one client device and the at least two computerized exchanges, the computer server executing programming instructions that cause the computer server to;
receive a plurality of indications from the at least two computerized exchanges;
pool said received plurality of indications by combining all of the received plurality of indications;
group the combined plurality of indications according to commodity type;
store the grouped plurality of indications in a database that is communicatively coupled to the computer server;
receive, from the at least one client device, a request for indications relating to a specific commodity among the commodity types stored in the database;
search, within the database, only the grouped commodity types to which the requested indications pertain;
retrieve, from the database, only those of the requested indications that comply with a predetermined privilege level; and
prompt the at least one client device to generate a single interactive display window that simultaneously displays an aggregate presentation of the retrieved indications, said retrieved indications comprising at least one indication from each of two or more of the at least two computerized exchanges,said single interactive display window further configured to receive input and initiate a transaction across any of said at least two computerized exchanges.
0 Assignments
0 Petitions
Accused Products
Abstract
The present invention provides a system for trading commodities and the like. A computer, a communications link between the computer and the Internet, and a database, accessible by the computer are provided. The database includes a plurality of user files. Each of the user files corresponds to a specified user of the system. Each of the user files contains exchange permissions corresponding to exchanges to which the specified user may access. At least one computerized exchange transacts specified commodities executing on the computer accessible by selected users having proper exchange permissions for each exchange. A display is provided for pooling liquidity that permits users to post and view bids and offers and negotiate and consummate transactions on common commodities from one or more groups or exchanges. By such liquidity pooling, the liquidity of transactions of commodities between various exchanges and users is improved.
-
Citations
7 Claims
-
1. A system comprising:
-
at least one client device; at least two independent computerized exchanges, each of said computerized exchanges configured to execute electronic transactions involving a group of commodities; and a computer server positioned between, and in communication with, the at least one client device and the at least two computerized exchanges, the computer server executing programming instructions that cause the computer server to; receive a plurality of indications from the at least two computerized exchanges; pool said received plurality of indications by combining all of the received plurality of indications; group the combined plurality of indications according to commodity type; store the grouped plurality of indications in a database that is communicatively coupled to the computer server; receive, from the at least one client device, a request for indications relating to a specific commodity among the commodity types stored in the database; search, within the database, only the grouped commodity types to which the requested indications pertain; retrieve, from the database, only those of the requested indications that comply with a predetermined privilege level; and prompt the at least one client device to generate a single interactive display window that simultaneously displays an aggregate presentation of the retrieved indications, said retrieved indications comprising at least one indication from each of two or more of the at least two computerized exchanges, said single interactive display window further configured to receive input and initiate a transaction across any of said at least two computerized exchanges. - View Dependent Claims (2, 3)
-
-
4. A computerized method comprising:
-
providing a computer server, said computer server positioned between, and in communication with at least one client device and at least two independent computerized exchanges, each of said computerized exchanges configured to execute electronic transactions involving a group of commodities; receiving, by the computer server, a plurality of indications from the at least two computerized exchanges; pooling, by the computer server, said received plurality of indications by combining all of the received plurality of indications; grouping, by the computer server, the combined plurality of indications according to commodity type; storing, by the computer server, the grouped plurality of indications in a database that is communicatively coupled to the computer server; receiving, by the computer server, from the at least one client device, a request for indications relating to a specific commodity among the commodity types stored in the database; searching, by the computer server, within the database, only the grouped commodity types to which the requested indications pertain; retrieving, by the computer server, from the database, only those of the requested indications that comply with a predetermined privilege level; and prompting, by the computer server, the at least one client device to generate a single interactive display window that simultaneously displays an aggregate presentation of the retrieved indications, said retrieved indications comprising at least one indication from each of two or more of the at least two computerized exchanges, said single interactive display window further configured to receive input and initiate a transaction across any of said at least two computerized exchanges. - View Dependent Claims (5, 6, 7)
-
Specification