System for settling over the counter trades
CA 2486815 A1 · Owner: Cummings, R.J. · Inventors: Goone, David; Cummings, R.J.
Overview
Its claims, description and drawings are in the Canadian Patents Database.
Open the CIPO recordAbstract From the Canadian patent
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.
Read the whole patent
Listed from its CIPO record in Patent Yard's archive of Canadian patents past their term. Its claims, description and drawings are in the CIPO record and on Google Patents, and the Claude kit works from them.
Why it's free to use
- Filed May 30, 2003. No grant is recorded for it in Canada; had it been granted, its 20-year term would have ended May 30, 2023.
- A certificate of supplementary protection adds at most two years for a drug, so even that would have ended by May 30, 2025.
- We check Canadian rights only. A patent in its family in another country could still be in force: check its family on Google Patents.
Timeline
Timeline From CIPO dates
Sources & verification
Official CIPO records
Everything on this page comes from the CIPO record linked above. Contains information licensed under the Open Government Licence – Canada.