The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 16, 2021
Filed:
Mar. 01, 2018
Intercontinental Exchange Holdings, Inc., Atlanta, GA (US);
Bruce Tupper, Atlanta, GA (US);
Charles Vice, Marietta, GA (US);
DongChun Xia, Duluth, GA (US);
Henry D. Tullis, III, Norcross, GA (US);
Sanjay Rane, Marietta, GA (US);
Cynthia L. Worley, Atlanta, GA (US);
Tracy Hughes, Norcross, GA (US);
Edwin Marcial, Smyrna, GA (US);
Intercontinental Exchange Holdings, Inc., Atlanta, GA (US);
Abstract
A system and method of confirming trades of financial instruments such as OTC derivatives is disclosed. The system includes a data interface which accepts data relating to a trade from both the trader and counter party. The data includes different data fields of differing importance. The system includes a matching engine which compares the submitted data and assigns the trade a status depending on which of the data fields match. The system allows a user to filter trades on their status and display the details relating to that trade. The system also allows a user to display the data fields and change the data fields in order to change the status of the trades. The system thus allows a user to electronically confirm a trade and also identify unmatched trades and the information necessary to reconcile such unmatched trades.