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Validating an electronic transaction

  • US 20040102999A1
  • Filed: 11/27/2002
  • Published: 05/27/2004
  • Est. Priority Date: 11/27/2002
  • Status: Active Grant
First Claim
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1. An automated method of processing an electronic transaction, the method comprising:

  • receiving an order to execute a transaction electronically;

    identifying a format for the order;

    identifying a version of the format;

    retrieving a metasyntax with a rule related to the identified format and the identified version, the rule defining one or more acceptable arrangements of one or more elements in the transaction;

    relating the order to the metasyntax;

    determining whether the order conforms to the metasyntax; and

    forwarding the order for subsequent processing when the order conforms to the metasyntax.

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