Abstract: A method of operating a computer to facilitate a commercial transaction involving a plurality of negotiable trading parameters where the facilitation of activities that occur within a real economic trading system is accomplished by providing a mechanism by which the structure, dynamics and business process requirements of real economic processes and emulated and thereby contributing to efficiently functioning markets and optimal transactional outcomes.
Type:
Grant
Filed:
September 30, 2009
Date of Patent:
September 6, 2011
Assignee:
IP3 Systems, Ltd.
Inventors:
Donald P. Feaver, Kenneth G. Wilson, Craig A. Astill
Abstract: A method of facilitating an e-commerce transaction, the method including: providing a set of trading parameters; accepting in respect of a first entity (3) a desired trading profile including desired values or ranges of multiple of said trading parameters; and accepting in respect of said first entity (3) one or more further trading profiles including values or ranges of multiple of said trading parameters; establishing one or more functional relationships between variations in a key trading parameter and one or more other of said trading parameters; wherein each of said further trading profiles are equivalent in desirability or expected value to said desired trading profile, and said functional relationship can be used to determine a set of equivalent trading profiles having substantially desirability equal expected values equivalent to said desired trading profile and said further trading profiles.
Type:
Application
Filed:
July 21, 2006
Publication date:
November 16, 2006
Applicant:
IP3 SYSTEMS LTD.
Inventors:
Donald Feaver, Kenneth Wilson, Craig Astill