Method and system for global telecommunications network management and display of market-price information

  • US 6,442,258 B1
  • Filed: 04/17/2000
  • Issued: 08/27/2002
  • Est. Priority Date: 08/29/1997
  • Status: Expired due to Term
First Claim
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1. A method for trading telecommunications services, comprising:

  • receiving service offers from a plurality of sellers, each seller having an account stored in a memory, each account having a balance, each service offer constituting an offer to sell a block of telecommunications connect time larger in size than a single telecommunications transaction for a route connecting a pair of locations in a network, each service offer comprising a plurality of parameters, the parameters comprising;

    a price;

    an origination location; and

    a destination location;

    identifying one or more routes for routing calls from a first location to a second location using the received service offers, each of the identified routes comprising one or more calling legs, service for each calling leg being provided by a service provider;

    receiving service requests from a plurality of buyers, each buyer having an account stored in a memory, each account having a balance, each service request requesting purchase of a block of telecommunications connect time larger in size than a single telecommunications transaction, each service request comprising a plurality of parameters, the parameters comprising;

    a price;

    an origination location; and

    a termination location;

    matching service requests provided by buyers to at least a portion of one or more service requests provided by sellers;

    brokering a transaction that effects a transfer of ownership of at least a portion of the telecommunications connect time specified in the matched service offers from each seller to a respective buyer; and

    updating the account balance of each seller and buyer of telecommunications connect time.

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