US 10,776,863 B1
Method and apparatus for displaying trading assets in a preferred currencyGeneral
US 10,776,863 B1
Method and apparatus for displaying trading assets in a preferred currency
Tech Center:
3600 Transportation, Construction, Electronic Commerce, Agriculture, National Security and License and Review
Examiner:
Hani M Kazimi
Art Unit:
3691 Business Methods — Finance/Banking/ Insurance
Agent:
Joe Zheng
Inventors:
Jacky Benmoha
Assignee:
--
Priority:
04/18/07
Filed:
08/27/18
Granted:
09/15/20
Expiration:
05/24/27
Abstract
Techniques to display trading assets in a preferred currency are described. According to one aspect of the present invention, a three-tier architecture is presented and includes a brokerage, a market exchange and a currency exchange. Through a consolidated trading platform, the brokerage presents all price, quotas, transactions or settlements in a preferred currency, in conjunction with the market exchange and the currency exchange. As a result, a trader always knows exactly what he/she may end up with a transaction of an asset, where a prevailing exchange rate is obtained prior to a transaction to prevent uncertainty in currency exchanges in another time.