Commodities exchange system and method

Details Commodities exchange system and method Commodities exchange system and method

G - Physics

06

Q

G06Q 30/00 (2006.01)

Patent

CA 2545352

An electronic commodities exchange system (2) for trading physical commodities between buyers and sellers on a commodities market via a communications network comprises at least one interface (30) through which buyers submit orders to buy a commodity and sellers submit orders to sell a commodity, a trading engine (24) for matching the orders to sell with the orders to buy at least on the basis of a common commodity type and a common price between the orders, a settlement and clearing engine (26) for managing the settlement and clearance of deals created from matched orders to sell and orders to buy. The exchange system cooperates with a holder (6) of the commodity to arrange for delivery of the commodity according to the deal.

L'invention concerne un système (2) de bourse de commerce électronique permettant aux acheteurs et aux vendeurs d'échanger des marchandises physiques sur un marché de produits via un réseau de communication, comprenant au moins une interface (30) à travers laquelle les acheteurs exécutent des ordres d'achat d'un produit et les vendeurs exécutent des ordres de vente d'un produit, un moteur (24) de commerce mettant en correspondance les ordres de vente et les ordres d'achat, au moins à partir d'un type de marchandise commun et d'un prix commun entre les ordres, un moteur (26) de règlement et de compensation destiné à gérer le règlement et la compensation des marchés conclus à partir des ordres de vente et d'achat mis en correspondance. Ce système de bourse coopère avec le détenteur (6) de la marchandise de manière à effectuer la livraison de la marchandise en fonction des clauses du marché.

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