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Method of, apparatus for, and computer program product for trading goods

  • US 7,216,093 B1
  • Filed: 08/28/2000
  • Issued: 05/08/2007
  • Est. Priority Date: 08/28/2000
  • Status: Expired due to Fees
First Claim
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1. A method of trading goods, or services, or both, using a computerized trading system coupled to an electronic network, said method including the steps of:

  • registering two or more business entities as traders;

    generating at least one business profile for each of said traders, wherein the traders include buyers and sellers and the respective profiles for traders that are buyers identify them as buyers and the respective profiles for traders that are sellers identify them as sellers;

    generating business opportunities for ones of said traders, wherein such business opportunities include i) selling opportunities, in which respective buyers define immediate requirements to buy, and ii) buying opportunities, in which respective sellers define immediate requirements to sell;

    comparing, automatically by the trading system, the business opportunities for respective ones of the traders to the profiles of other ones of the traders;

    comparing, automatically by the trading system, the one or more profiles for respective ones of the traders to the one or more profiles of other ones of the traders;

    notifying such a buyer about one of the buying opportunities, by the trading system automatically via said electronic network, responsive to the profile of the buyer matching the buying opportunity;

    notifying such a seller about one of the selling opportunities, by the trading system automatically via said electronic network, responsive to the profile of the seller matching the selling opportunity;

    notifying such a buyer about a selected one of the profiles, by the trading system automatically via said electronic network, responsive to the profile of the buyer matching the selected profile; and

    notifying such a seller about a selected one of the profiles, by the trading system automatically via said electronic network, responsive to the profile of the seller matching the selected profile.

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