METHOD AND SYSTEM FOR EXECUTION OF BARGAINS CONCLUDED WITH AID OF COMMUNICATION NETWORK Russian patent published in 2004 - IPC

Abstract RU 2223541 C2

FIELD: trading electronics; purchase and sale bargain execution control and monitoring. SUBSTANCE: proposed method is characterized in that time intervals are set to wait for occurrence of each of following events: order organization and delivery, receipt of cash means on bank account; blocking of cash means; delivery of goods or services and their reception by buyer; unblocking of account and money transfer to seller. Exceeding these time intervals means absence of event and if desired event has not occurred, bargain execution process is ceased. EFFECT: enhanced speed and reliability of bargain execution. 2 cl, 6 dwg

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RU 2 223 541 C2

Authors

Evtjushkin A.V.

Karpova N.N.

Ivanov Ju.S.

Tatarinov A.M.

Khokhlov Ja.A.

Dates

2004-02-10—Published

2002-01-30—Filed