摘要 |
<p>An apparatus and method of automatically and anonymously buying and selling positions in fungible properties between subscribers over a network is described, an embodiment of which relates to the buying and selling of securities or contracts where the offer to purchase or sell the property may be conditioned upon factors such as the ability to purchase or sell other property or the actual purchase or sale of other property. The system described includes methods for matching buy and sell orders using other markets to effect the execution of transactions without violating conditions set by the subscriber, and reporting prices to third parties. A communication system (10, 12, 14) is described which allows subscribers to communicate anonymously for the purpose of effecting transactions.</p> |