 Computer human method and system for the control and management of an airport |
| What is claimed is: 1. A GNSS compatible airport control and management system providing a computer ... |
|
| Architectures for netcentric computing systems |
| The present invention discloses an architecture for a netcentric computer system that is capable of ... |
|
| System and method for automatically verifying the performance of a virtual robot |
| The present invention meets these aforementioned needs by providing a variety of mechanisms for ... |
|
| Method and apparatus for summarizing previous threads in a communication-center chat session |
| What is claimed is: 1. A system for aiding a host of a chat session in reviewing queries and ... |
|
| IRC name translation protocol |
| OF THE INVENTION The present invention relates to the technical field of networks particularly for ... |
|
| Methods for creating and editing topics for virtual robots conversing in natural language |
| The present invention meets the aforementioned needs by providing automated methods of editing and ... |
|
| Method for communicating within a chat topic in a wireless communication system |
| OF THE INVENTION Referring to FIG. 1, an electronic block diagram of a wireless communication ... |
|
| Method of authorizing receipt of instant messages by a recipient user |
| An exemplary table, such as shown in FIG. 1, illustrates the control processes that a potential ... |
|
| Computer node architecture comprising a dedicated middleware processor |
| OF THE INVENTION FIG. 1 shows a system of four multicomputer node computers that exchange data via ... |
|
|
Currency trading system, methods, and software
| Details |
Inventors: Olsen, Richard B.; Stumm, Michael;
Assignee: Oanda Corporation (Toronto, CA)
Primary Examiner: Bashore; Alain L.
Assistant Examiner:
Attorney, Agent or Firm: Morgan, Lewis & Bockius LLP
In one aspect, the present invention comprises a system for trading currencies over a computer network. A preferred embodiment comprises: (a) a server front-end; (b) at least one database; (c) a transaction server; (d) a rate server; (e) a pricing engine; (f) an interest rate manager; (g) a trade manager; (h) a value at risk server; (i) a margin control manager; (j) a trading system monitor; and (k) a hedging engine. In another aspect, the present invention comprises methods for trading currency over a computer network. In another aspect, the present invention comprises software for currency trading over a computer network. |
|
DETAILED DESCRIPTION OF PREFERRED EMBODIMENTS The Currency Trading System of a preferred embodiment (hereinafter "Trading System") of the present invention allows traders to trade currencies over a computer network.
Preferably, this computer network is the Internet, and the subsequent description herein is primarily in terms of the Internet.
However, those skilled in the art will recognize that the following description also applies to other computer networks.
Traders interface to the system using ordinary Web browsers running feature-rich Java applets; they obtain real-time data feeds of current exchange rates, they can analyze past exchange rates using graphical tools, they can review their current portfolio and past trades, and they can place buy and sell orders in the real-time market.
Businesses interface to the system using an API.
Innovative features that set the Trading System apart from the competition are: (i) extremely low spreads on the order of a few basis points, (ii) the ability to trade very small amounts as low as $1, and (iii) 24 hour a day, 7 days a week availability.
This system has the potential to revolutionize the way currency trading is done and to open up currency trading to a new, large market segment of investors and speculators for whom currency trading is not feasible today.
Moreover, it allows businesses to address their currency exchange requirements in the most cost-effective and efficient way.
A description of the preferred server infrastructure used in the Trading System follows.
We first give a brief introduction of the system as a whole.
The Trading System involves three components (see FIG.
1): (1) traders that are distributed around the world; (2) Trading System servers; and (3) "Partners" consisting of the financial institution(s) through which real currency exchange trades are executed, and from which real-time data feeds are obtained.
Traders communicate with Trading System servers over a secure, encrypted Internet connection to review their accounts, to monitor currency exchange market conditions, or to initiate currency exchange trades
|
|
File Sharing 
