System for settling over the counter trades

G - Physics – 06 – Q

Patent

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Details

G06Q 40/00 (2006.01)

Patent

CA 2486815

A system for automatically determining a trade settlement pathway comprising receiving trade pathway preferences from a first and second party with respect to each other (520, 530), wherein the trade is settled through clearing if both parties have available accounts with a clearing firm (525, 535) and the trade satisfies each party~s clearing account credit limitations (540,545); and wherein the trade is settled bilaterally if at least one party does not have an available clearing account or both parties prefer to settle the trade bilaterally, and the trade satisfies each party~s bilateral credit limitations.

L'invention concerne un système permettant de déterminer automatiquement une voie de règlement de transactions par un procédé consistant à: recevoir des préférences de voie de transaction d'une première partie et d'une seconde partie, l'une par rapport à l'autre; la transaction étant réglée par compensation, si les deux parties présentent des comptes disponibles auprès d'une société de compensation et que la transaction satisfait les limites de crédit de compte de compensation de chaque partie; et la transaction étant réglée bilatéralement si au moins l'une des parties ne présente pas de compte de compensation disponible, ou si les deux parties préfèrent régler la transaction de manière bilatérale, et la transaction satisfaisant les limites de crédit bilatérales de chaque partie.

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