发明名称 |
Method and system for credit authorization in a member exchange |
摘要 |
An exchange member establishes a threshold credit value for transactions by a non-member institution. The threshold value is provided to a credit authorization service of the exchange, which acts as a surrogate for the exchange members. Securities transaction or orders from non-member institutions are then transmitted from the non-member institution to the credit authorization service of the exchange. The credit authorization service compares the transaction with a percentage of the pre-established threshold value. If the transaction does not exceed the percentage of the pre-established threshold, the system forwards the transaction to the exchange. If the transaction does exceed the percentage of the pre-established threshold, the system notifies the sponsoring exchange member and possibly the non-member institution. The percentage of the pre-established threshold may be less than or equal to 100 percent of the pre-established value. The exchange member has various opportunities to change the threshold value. The identity of the non-member institution and the identity of the exchange member may be removed or masked on the transaction.
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申请公布号 |
US2002046152(A1) |
申请公布日期 |
2002.04.18 |
申请号 |
US20010901553 |
申请日期 |
2001.07.06 |
申请人 |
KINNEY CATHERINE R.;FITZGIBBONS ANN E.;PIZZO LOUIS T.;ROGOWICZ MARIO;ROSENBAUM WARREN S.;GELB AVNER;LAJOIE-MALIK KATHERINE M.;HUGHES STEVEN H. |
发明人 |
KINNEY CATHERINE R.;FITZGIBBONS ANN E.;PIZZO LOUIS T.;ROGOWICZ MARIO;ROSENBAUM WARREN S.;GELB AVNER;LAJOIE-MALIK KATHERINE M.;HUGHES STEVEN H. |
分类号 |
G06Q40/00;(IPC1-7):G06F17/60 |
主分类号 |
G06Q40/00 |
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