WO2002056146A3 - Anonymous auctioning of structured financial products over a computer network - Google Patents

Anonymous auctioning of structured financial products over a computer network Download PDF

Info

Publication number
WO2002056146A3
WO2002056146A3 PCT/US2002/000684 US0200684W WO02056146A3 WO 2002056146 A3 WO2002056146 A3 WO 2002056146A3 US 0200684 W US0200684 W US 0200684W WO 02056146 A3 WO02056146 A3 WO 02056146A3
Authority
WO
WIPO (PCT)
Prior art keywords
computer network
structured financial
sale
clients
auctioning
Prior art date
Application number
PCT/US2002/000684
Other languages
French (fr)
Other versions
WO2002056146A2 (en
WO2002056146A9 (en
Inventor
Harry A. Kaplan
Patrick F. Downes
Original Assignee
Verticalcrossings.Com, Inc.
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Verticalcrossings.Com, Inc. filed Critical Verticalcrossings.Com, Inc.
Priority to AU2002239859A priority Critical patent/AU2002239859A1/en
Publication of WO2002056146A2 publication Critical patent/WO2002056146A2/en
Publication of WO2002056146A3 publication Critical patent/WO2002056146A3/en
Publication of WO2002056146A9 publication Critical patent/WO2002056146A9/en

Links

Classifications

    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00Commerce
    • G06Q30/06Buying, selling or leasing transactions
    • G06Q30/08Auctions
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A method and system for anonymously buying and selling a structured financial product over a computer network includes providing a host for receiving information for the offer for sale of a structured financial product from a first client (S1), anonymously publishing the offer for sale of the structured financial product over a computer network by the host of a plurality of second clients for a predetermined period of time (S3B), initiating the offer for sale of the product over the computer network at a prescribed starting time (S5), providing an opportunity for the plurality of second clients to bid on the product in real-time, automatically publishing to the plurality of second clients viewing the sale of the product each bid in real-time as each bid is submitted by one of the second clients.
PCT/US2002/000684 2001-01-12 2002-01-11 Anonymous auctioning of structured financial products over a computer network WO2002056146A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2002239859A AU2002239859A1 (en) 2001-01-12 2002-01-11 Anonymous auctioning of structured financial products over a computer network

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US26150201P 2001-01-12 2001-01-12
US60/261,502 2001-01-12

Publications (3)

Publication Number Publication Date
WO2002056146A2 WO2002056146A2 (en) 2002-07-18
WO2002056146A3 true WO2002056146A3 (en) 2002-11-28
WO2002056146A9 WO2002056146A9 (en) 2003-01-09

Family

ID=22993592

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2002/000684 WO2002056146A2 (en) 2001-01-12 2002-01-11 Anonymous auctioning of structured financial products over a computer network

Country Status (3)

Country Link
US (1) US20020095369A1 (en)
AU (1) AU2002239859A1 (en)
WO (1) WO2002056146A2 (en)

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Also Published As

Publication number Publication date
US20020095369A1 (en) 2002-07-18
WO2002056146A2 (en) 2002-07-18
WO2002056146A9 (en) 2003-01-09
AU2002239859A1 (en) 2002-07-24

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