Patent ID: 8626636
Filing Date: 2014-01-07
Classification: G06Q

Abstract:
1. A method comprising: (a) entering, at a first computer, an order to purchase or sell exchange-traded shares on behalf of an investor on a secondary market, wherein the exchange-traded shares are associated with a single investment company that has issued: (b) executing the order on the secondary market via the first computer, wherein executing the order comprises communicating the purchase or sell order of the exchange-traded shares to a second computer on behalf of the investor to fulfill the investor's purchase or sell order, and wherein the second computer maintains firm bid and offer prices in the exchange-traded shares by automatically buying or selling exchange-traded shares at publically quoted prices; and (c) updating account data of the investor in the first computer to reflect a new number of exchange-traded shares held by the investor, wherein the single investment company does not receive data reflecting the purchase or sell order of the exchange traded shares.