Patents Assigned to BuyFX.com Limited
  • Computer based matching system for party and counterparty exchanges
    Patent number: 7194481
    Abstract: A computer based system is disclosed which enables a buyer and a seller to be efficiently matched. The system can comprise a web based foreign exchange platform in which parties and counterparties post their requirements. A computer identifies and matches reciprocal, offsetting positions and effects a trade at a price which is the mid-point of the Interbank bid/offer spread. The system is fast, efficient and fair, as well as being significantly cheaper than conventional foreign exchange systems.
    Type: Grant
    Filed: March 13, 2000
    Date of Patent: March 20, 2007
    Assignee: BuyFX.com Limited
    Inventor: Mark Van Roon