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SYSTEMS AND METHODS FOR PROVIDING AN ONLINE TRADING SYSTEM

  • US 20140229332A1
  • Filed: 02/12/2014
  • Published: 08/14/2014
  • Est. Priority Date: 02/12/2013
  • Status: Abandoned Application
First Claim
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1. An exchange system comprising:

  • a computing device comprising a processor, an input means, and an output means;

    an information database comprising product information on at least one product; and

    a memory storing instructions that, when executed by the processor, cause the computing device to;

    via the server, access the product information in the information database;

    prompt a first user to input search information for at least one product via a user interface;

    receive the search information provided by the input means as first user input;

    search the product information based on the first user input;

    display a search result formulated using the product information and corresponding to the first user input on the input means;

    prompt the first user to input information on a specific product using the search result;

    settle the specific product to the first user in response to receiving a settling order from the user;

    prompt the first user to place a purchase order for the specific product in lieu of receiving a settling order for the specific product from the first user;

    receive updated product information for the specific product from a second user in response to the first user placing the purchase order; and

    settle the specific product to the first user in response to receiving the updated product information from the second user.

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