US Patent 7848997 Securities settlement system
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Patent abstract
A securities settlement system for settling trades in central depository systems is disclosed. The securities settlement system includes a credit line structure forming a tree structure with a number of levels with credit nodes. The securities settlement system also includes a control system for minimizing the transfer of cash between accounts by propagating cash obligations for each node in the tree structure to a highest common node.
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US Patent 07848997 Securities settlement system US Patent 7848997 Securities settlement system
Infobox
Patent Number
0784899700
Patent Number
784899700
Edits on 7 Apr, 2023
Golden AI
Infobox
Is a
Patent Jurisdiction
Patent Number
078489970
Date of Patent
December 7, 2010
0Patent Application Number
117243120
Date Filed
March 15, 2007
0Official Website
Patent Primary Examiner
Edits on 6 Oct, 2022
Golden AI
Infobox
Is a
Patent Jurisdiction
Patent Number
078489970
Date of Patent
December 7, 2010
0Patent Application Number
117243120
Date Filed
March 15, 2007
0Official Website
Patent Primary Examiner
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US Patent 07848997 Securities settlement system
Infobox
Is a
Patent jurisdiction
Patent number
07848997
Date of patent
December 7, 2010
Patent application number
11724312
Date Filed
March 15, 2007
Patent primary examiner
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