Patent ID: 6993511
Filing Date: 2006-01-31
Classification: G06Q

Abstract:
1. A system for implementing transactions between a plurality of parties each having securities available for barter, comprising: means for creating a new barter order including: means for posting the new barter order via a network to a barter database; means for receiving a barter order from a direct barterer into the barter database; means for receiving a barter order from an intermediary into the barter database; means for displaying via the network at least one barter order from the barter database matching the new barter order; means for designating a financial value associated with the transaction; means for displaying with the at least one matching barter order a value ratio determined by a combination of the ratios x/y and a/b where: a=a sale value of the first security to be sold, b=a market price of the first security to be sold, x=the purchase value of the second security to be acquired and y=a market price of the second security to be acquired; and means for selecting a matching barter order to effectuate the transaction.