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Negotiated matching system

  • US 5,924,082 A
  • Filed: 06/07/1995
  • Issued: 07/13/1999
  • Est. Priority Date: 08/17/1994
  • Status: Expired due to Term
First Claim
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1. A negotiated matching system for identifying potential counterparties to a transaction and enabling communication between the parties to negotiate the terms of the transaction, said system comprising:

  • a matching computer;

    a plurality of remote terminals corresponding to a plurality of users, said remote terminals enabling said users to enter transaction data into the system; and

    a communications network for transmitting negotiating messages between two or more of said remote terminals in response to control signals from said matching computer;

    wherein said matching computer is coupled to said plurality of remote terminals by said communications network and matches potential counterparties to a transaction based on said transaction data, said matching computer generating said control signals in response to an identified match.

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