Invention Grant
US08423447B2 System and method for allocating nominal and cash amounts to trades in a netted trade
有权
将名义和现金金额分配给一个净额交易的行业的制度和方法
- Patent Title: System and method for allocating nominal and cash amounts to trades in a netted trade
- Patent Title (中): 将名义和现金金额分配给一个净额交易的行业的制度和方法
-
Application No.: US10996324Application Date: 2004-11-23
-
Publication No.: US08423447B2Publication Date: 2013-04-16
- Inventor: Paul A. Treacy , Julian Clark , Patricia Bevan , Tim M. Palmer , Jeffery E. Moore , Matthew S. Stark , Edward J. Coad , Michael J. McNeillis
- Applicant: Paul A. Treacy , Julian Clark , Patricia Bevan , Tim M. Palmer , Jeffery E. Moore , Matthew S. Stark , Edward J. Coad , Michael J. McNeillis
- Applicant Address: US NY New York
- Assignee: JP Morgan Chase Bank
- Current Assignee: JP Morgan Chase Bank
- Current Assignee Address: US NY New York
- Agency: Lowenstein Sandler LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00
Abstract:
A system and method for allocating stock and cash amounts to individual trades in a netted trade. The system and method include bundling individual securities trades into a netted trade, transmitting the netted trade to a clearing house, receiving a settlement message from the clearing house, and allocating stock and cash amounts to individual trades in the netted trade in a manner consistent with the settlement message.
Public/Granted literature
- US20050222938A1 System and method for allocating nominal and cash amounts to trades in a netted trade Public/Granted day:2005-10-06
Information query
