System and method for trading complex energy securities
First Claim
1. A system for presentation and management of energy-related information and securities, comprising:
- a digital exchange;
a client system comprising a plurality of display and input modalities;
a communications interface software adapted to allow communications between the client system and the digital exchange; and
a control interface within the client system adapted to drive the display and input modalities;
wherein the control interface, on receiving input from a user, causes data from the digital exchange to be retrieved and displayed in one or more of the display modalities to the user; and
wherein, upon receipt of a request from the user via an input modality of the client system after the user has retrieved and reviewed data from the digital exchange, an order to execute a transaction is transmitted to the digital exchange by the client system; and
wherein on receipt of an order to execute a transaction from a client system, the digital exchange combines the ordered transaction with other similar transactions from a plurality of users and thereby creates or modifies a marketable security visible to at least one other user via the digital exchange.
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Abstract
A system for presentation and management of energy-related information and securities, comprising a digital exchange, a client system comprising a plurality of display and input modalities, a communications interface software adapted to allow communications between the client system and the digital exchange, and a control interface within the client system adapted to drive the display and input modalities, wherein the control interface, on receiving input from a user, causes data from the digital exchange to be retrieved and displayed in one or more of the display modalities to the user, and upon receipt of a request from the user via an input modality of the client system after the user has retrieved and reviewed data from the digital exchange, an order to execute a transaction is transmitted to the digital exchange by the client system, and on receipt of an order to execute a transaction from a client system, the digital exchange combines the ordered transaction with other similar transactions from a plurality of users and thereby creates or modifies a marketable security visible to at least one other user via the digital exchange, is disclosed.
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Citations
3 Claims
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1. A system for presentation and management of energy-related information and securities, comprising:
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a digital exchange; a client system comprising a plurality of display and input modalities; a communications interface software adapted to allow communications between the client system and the digital exchange; and a control interface within the client system adapted to drive the display and input modalities; wherein the control interface, on receiving input from a user, causes data from the digital exchange to be retrieved and displayed in one or more of the display modalities to the user; and wherein, upon receipt of a request from the user via an input modality of the client system after the user has retrieved and reviewed data from the digital exchange, an order to execute a transaction is transmitted to the digital exchange by the client system; and wherein on receipt of an order to execute a transaction from a client system, the digital exchange combines the ordered transaction with other similar transactions from a plurality of users and thereby creates or modifies a marketable security visible to at least one other user via the digital exchange.
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2. A system for presentation and management of energy-related information and securities, comprising:
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a digital exchange; a communications interface software adapted to allow communications between a client system and the digital exchange; and wherein the digital exchange, on receiving input from a user via the communications interface, causes data to be retrieved and sent to the user; and wherein, upon receipt of an order to execute a transaction from the user, the digital exchange combines the ordered transaction with other similar transactions from a plurality of users and thereby creates or modifies a marketable security visible to at least one other user via the digital exchange.
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3. A method for conducting market transactions involving energy securities, comprising the steps of:
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a. receiving data from a user at a server system via a communications interface; b. providing frequent listing information from a digital exchange to the user; c. receiving an execution request from the user at the server system; d. executing the order at the server based in part on additional information retrieved from a digital exchange; e. sending unique client and transaction identifiers to the user via the communications interface; and f. combining information from multiple orders into a marketable security on the digital exchange.
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Specification