Browse Prior Art Database

INTEGRATED STOCK QUOTE SYSTEM & SUBSCRIBER UNIT

IP.com Disclosure Number: IPCOM000007332D
Original Publication Date: 1995-Mar-01
Included in the Prior Art Database: 2002-Mar-15
Document File: 1 page(s) / 58K

Publishing Venue

Motorola

Related People

James Gehrke: AUTHOR [+2]

Abstract

There is a market need for a nation wide cover- age, li~lly integrated portable communications device that is able to receive stock quotations, analyze the data, announce the transition of operator pro- grammed limits and allow the operator to instantly take action based on this information or alarms. This action would be done by means selecting menu oper- ations displayed by the unit or use of the phone in the unit for voice communication. The MIRS com- munication system would be the basis of this spe- cialized subscriber product that would allow use of this fblly integrated two way financial trading prod- uct anywhere in the country.

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MO-OLA Technical Developments Volume 24 March 1995

INTEGRATED STOCK QUOTE SYSTEM & SUBSCRIBER UNIT

by James Gehrke and Carl Steen

ABSTRACT:

PRINCIPLE OF OPERATION:

  There is a market need for a nation wide cover- age, li~lly integrated portable communications device that is able to receive stock quotations, analyze the data, announce the transition of operator pro- grammed limits and allow the operator to instantly take action based on this information or alarms. This action would be done by means selecting menu oper- ations displayed by the unit or use of the phone in the unit for voice communication. The MIRS com- munication system would be the basis of this spe- cialized subscriber product that would allow use of this fblly integrated two way financial trading prod- uct anywhere in the country.

  The dispatch capability of the MIRS system will provide a spectrally efficient basis for this specially designed fi~lly integrated two way financial trading communication product. The system would provide all the features desired by the financial trader such as country wide portable phone operation, constant monitoring of financial market activity, instant trade ability and low system overhead (low cost). No other single system can provide all these features. If the detected pre-programmed limits defined by the oper- ator, it would display a menu oftrading options. The user could select the desired option and transmit trade request in seconds. Alternatively, the user cou...