Portable securities selector system

• US 3,976,840 A
• Filed: 07/14/1975
• Issued: 08/24/1976
• Est. Priority Date: 07/14/1975
• Status: Expired due to Term

• Current Assignee: Spencer Cleveland
• Original Assignee: Spencer Cleveland
• Inventors: Coury, Fred F., Cleveland, Spencer
• Primary Examiner(s): Stellar, George G.
• Application Number:
  US05/595,461
• Time in Patent Office: 407 Days
• Field of Search: 179/1 C, 179/2 C, 179/2 CA, 179/2 DP, 179/6 AC, 179/29, 179/100 R, 179/100 C, 179/178, 179/179
• US Class Current: 379/93.02
• CPC Class Codes: G06Q 20/341 Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
• CPC Class Codes: G06Q 20/4097 using mutual authentication between devices and transaction partners
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system
• CPC Class Codes: H04M 11/066 Telephone sets adapted for data transmision
• CPC Class Codes: Y10S 379/903 Password
• CPC Class Codes: Y10S 379/906 Touchtone message transmission

Abstract

A system for enabling securities information to be elicited and transactions to be automatically executed by an investor from a conventional telephone. A portable pocketsized data terminal having a keyboard, a display and status indicator lamps includes an acoustic coupler device for removable attachment to a telephone handset. A centralized computer receives information signals originating with the portable data terminal and specifying information or transaction execution requests, and transmits appropriate responses to the portable data terminal for display. Several levels of security are provided in the system.

Claims

1. A portable pocketsized securities selector unit for enabling bidirectional communication relating to securities pricing information and desired transactions with a central computer via conventional telephone lines, said securities selector unit comprising:

a housing;

a keyboard having a plurality of alpha character keys, digit keys and functions keys;

processing means responsive to the actuation of said keys for generating information signals corresponding thereto;

first means for converting said information signals to signals conformable with said telephone lines;

second means responsive to incoming signals from said telephone lines for converting said incoming signals to electrical signals; and

means for displaying said information signals and said electrical signals.

2. The combination of claim 1 further including enabling means detachable from said housing and electrically couplable to said information signal generating means for enabling said information signal generating means.

3. The combination of claim 2 wherein said enabling means comprises an integrated circuit containing a read only memory.

4. The combination of claim 1 wherein each said converting means comprises an acoustic coupler adapted to be coupled to the transmitter and receiver of a telephone.

5. The combination of claim 1 wherein said housing includes a central body portion having a first facing surface on which said keyboard and said displaying means are located and a pair of end portions extending away from said central body portion, said first and second converting means being positioned in said first and second end portions, respectively.

6. The combination of claim 1 wherein said first converting means includes a parallel to serial converter, means coupled to said converter for generating variable frequency signals, and means coupled to said generating means for producing variable frequency acoustical signals from said variable frequency signals.

7. The combination of claim 1 wherein said second converting means includes means responsive to variable frequency acoustical signals for generating electrical signals corresponding thereto, demodulating means for converting said corresponding electrical signals to serial digital form, and means coupled to said demodulator means for converting said digital signals from serial to parallel form.

8. The combination of claim 1 wherein said second converting means comprises means responsive to variable frequency acoustical signals for converting said acoustical signals to electrical signals corresponding thereto, and means coupled to said last name means for generating audible acoustical signals therefrom.

9. The combination of claim 1 wherein said means for generating information signals includes means responsive to the actuation of said alpha character keys corresponding to the standard alpha symbols for a given security for generating an information character corresponding thereto.

10. A portable handheld securities selector unit for use with an information transmission system in which securities pricing information may be elicited and securities transactions may be effected via a telephone, said unit comprising:

a housing having first and second laterally spaced, elongated generally cylindrical coupler portions joined by an integral web portion having an obverse surface facing generally away from said coupler portions and a reverse surface facing generally toward said coupler portions, said first and second coupler portions having a configuration adapted to receive respectively the transmitter and receiver portions of a telephone handset;

a keyboard mounted on said obverse surface of said web portion of said housing and having a plurality of alpha character keys, digit keys and function keys; and

display means mounted on said obverse surface adjacent said keyboard for enabling display of said securities pricing information and information relating to said securities transactions.

11. The combination of claim 10 wherein said display means is mounted adjacent the uppermost ones of said keys.

12. The combination of claim 10 further including means mounted on said obverse surface adjacent said keyboard for receiving a removable security token.

13. The combination of claim 10 wherein said coupler portions each includes an acoustic coupler.