Transaction communication system
First Claim
1. A method for allowing a trader access in an application that allows access to information via the internet document to multiple alternative sources for commercial transactions including the steps of:
- providing in a web document, an application which provides communication over a network;
allowing the trader to identify himself through said application;
confirming that the trader is authorized to trade using the application;
selecting through said application one of multiple sources for said commercial transactions;
confirming that the trader is authorized to conduct trades with the selected source; and
connecting the user to the selected source through said network.
0 Assignments
0 Petitions
Accused Products
Abstract
The invention is a front-end brokerage service application, in a format, such as a java or direct X applets, embedded code or other internet applications, that can be imbedded into third party web page, HTML or other rich media enabled e-mail, web enabled desktop applications or other forms of rich media which allow internet communication, i.e., a document in any format which can be read in a web browser. The application communicates through the third party'"'"'s server to a broker/dealer which provides trading transaction support and streaming real time and delayed financial data feeds. A middleware layer provides a transaction routing from the front end application to an appropriate transaction system. As an alternative to a web page, the application may be embedded in a HTML or other rich media enabled e-mail or in a program, such as a personal finance and spread sheet, which provides for interaction with the internet. In each case, the present invention merely acts as a conduit between the trader and the dealer/broker. It does not make any trades itself nor preform any matching between buyers and sellers to make the trade.
-
Citations
27 Claims
-
1. A method for allowing a trader access in an application that allows access to information via the internet document to multiple alternative sources for commercial transactions including the steps of:
-
providing in a web document, an application which provides communication over a network;
allowing the trader to identify himself through said application;
confirming that the trader is authorized to trade using the application;
selecting through said application one of multiple sources for said commercial transactions;
confirming that the trader is authorized to conduct trades with the selected source; and
connecting the user to the selected source through said network. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 15, 16, 17, 18, 19, 20, 21, 22, 24, 25, 26, 27)
-
-
14. A system for the trading in commercial transactions over the internet comprising:
-
a web document;
means embedded in such web document for connecting with a server;
means for displaying the web document;
means for obtaining authorizations for a trader to communicate with multiple broker/dealers through said server;
means for selecting one of a multiple of broker/dealers in said commercial transaction provided through the means embedded in such web document;
means for authorizing the trader to deal with the selected broker/dealer; and
means for conducting commercial transactions from said original communication means to said selected broker through said server.
-
-
23. A system for the trading in commercial transactions through brokers over the internet comprising:
-
a web document;
means embedded in such web document for connecting with a server;
means for displaying an web document;
means for selecting one of a multiple of broker/dealers in said commercial transaction provided through the means embedded in such Web document; and
means for conducting commercial transactions from said original communication means to said selected broker through said server.
-
Specification