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Title:
ELECTRONIC TRADING METHOD AND SYSTEM
Document Type and Number:
WIPO Patent Application WO/2004/023361
Kind Code:
A1
Abstract:
An electronic trading method. The conventional electronic trading method has various problems: there is little benefit for ordinary consumers as compared to enterprises and when the price is interlocked with an order acceptance count and lowered, only a small number of orders can be obtained within the order acceptance time. It is possible to provide an electronic trading method capable of lowering the price interlocked with the total order acceptance count and offering benefit of electronic trading both for ordinary consumers and enterprises. In the electronic trading method, a trading condition that the price is interlocked with the total order acceptance count and decided after the order deadline is indicated on a buyer’s terminal and after the order deadline, a settled price Pd decided while being interlocked with the total order acceptance count is transmitted to the terminal which has made an order. All the buyers can buy a commodity at the same settled price Pd interlocked with the total order acceptance count NE and decided to be cheap after the order deadline. Thus, a seller can significantly increase the profit or sell a commodity at a cheaper price and both of ordinary consumers and enterprises can receive benefit of the electronic trading.

Inventors:
MARUYAMA TERUNORI (JP)
Application Number:
PCT/JP2002/009164
Publication Date:
March 18, 2004
Filing Date:
September 09, 2002
Export Citation:
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Assignee:
MARUYAMA TERUNORI (JP)
International Classes:
G06Q30/00; (IPC1-7): G06F17/60
Foreign References:
JP2002074072A2002-03-12
JP2001101263A2001-04-13
JP2002007785A2002-01-11
JP2001202412A2001-07-27
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