SYSTEM AND METHOD FOR PROVIDING ACCESS TO AND MANAGING ACCOUNT ACTIVITY FOR AN ONLINE ACCOUNT

摘要

A method of providing an account is provided. The method includes receiving identification information associated with a user during a communication session and communicating a request for credit information, the request including at least a portion of the identification information. The requested credit information is received and an account is approved and opened based at least on the received credit information. During the communication session, a request made using the opened account to place a first order to trade a first product is received. A risk value for the first order is determined. One or more current balances for the account are also determined. The method further includes determining whether to approve the first order based at least on the risk value determined for the first order and one or more of the current balances for the account, and if the first order is approved, placing the first order.

主权项

1. A method of providing an account, comprising:
receiving identification information associated with a user during a communication session; communicating a request for credit information, the request including at least a portion of the identification information; receiving the requested credit information; approving an account based at least in part on the received credit information; opening the account; during the communication session, receiving a request to place a first order to trade a first product, the request being made using the opened account; determining a risk value for the first order based at least in part on the first product; determining one or more current balances for the account; determining whether to approve the first order based at least in part on the risk value determined for the first order and one or more of the current balances for the account; and if the first order is approved, placing the first order.