Apparatus and method of a distributed capital system
OwnerZachary PESSINinventor
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Abstract
Methods, systems, and articles of manufacture consistent with the present invention provide for conducting financial transactions over a network. A user requests to execute at least one financial transaction with at least one of a number of parties, each of the parties corresponding to a data processing system on the network. Real-time financial information relating to the financial transaction is obtained, and the user can test and confirm that the financial transaction with the at least one party can take place prior to execution of the financial transaction.
Claims4
-54. (canceled)
A method of conducting a financial transaction over a computerized network, comprising:
- instituting a financial transaction as a fungible trade between parties;
- and
- implementing said financial transaction by matching a first item to be traded from at least one party with at least a second item to be traded from at least one counterparty.
A method of conducting a financial transaction over a computerized network, comprising:
- instituting a fungible financial transaction between parties;
- and
- implementing said fungible financial transaction by matching a first item to be transacted from at least one party with at least a second item to be transaction from at least one counterparty;
- and
- performing a netting summation between said parties and counterparties.
Dependencies are inferred from the claim text.