Patent US5195031A successfully refreshed from Google Patents.
← Back to Patent Explorer
US5195031A Expired / Lapsed US ⏱️ 0.0 years remaining

Trading system for providing real time context sensitive trading messages based on conversation analysis

Assignee: Refinitiv Ltd
•
Filing: 1988-10-24
•
Granted: 1993-03-16
•
Expires: 2008-10-24
📄 Original PDF 🌐 Google Patents 🔄 Sync Now

Abstract

Abstract A video communication trading system network includes a plurality of subscriber keystations (410,412) at least one of which employs a conversation analyzing keystation terminal controller (400,400a) for parsing a trading conversation between designated keystations (98a,602) for automatically providing trading conversation context sensitive trading data messages, such as trading conversation textual message prompts based on real time trading conversation analysis. The trading system network includes a message switching interface (300) for routing trading conversational messages throughout the network. The context sensitive prompt messages are analysis driven to provide prompt messages based on the analyzed dialogue as the conversation progresses. These prompts can be manually overridden by the user. The system also provides for dynamic creation of a ticket (416,404), which is also displayed, as the conversation progresses based on the real time analysis of the conversation. This analysis also provides error messages, such as highlighting inconsistencies on the screen (410) in the content of the conversation, such as an incorrect value date. In using the system, both parties to the conversation do not have to have the same type of terminal controller (96,400,400a ) and only the party desiring the benefits of conversation analysis need, by way of example, employ the terminal controller (400,400a) of the present invention.

Inventors

  • 👤 Christopher J. Ordish

Bibliographic Details

Application Number —
Jurisdiction US
Data Source google_patents
Last Synchronized 2026-10-26 23:30
CPC Classifications
H; H04; H04L; H04L12/00; H04L12/02; H04L12/16; H04L12/18; H04L12/1804; G; G06; G06Q; G06Q40/00; G06Q40/04

Claims Analysis

Total Claims: 45
Claim 1
Independent Claim 240 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for automatically providing trading conversation context sensitive trading data messages in conjunction with said trading conversation based on said read time trading conversation analysis, said trading conversation analyzing means further comprising means for parsing said trading conversation for automatically providing said trading conversation context sensitive trading data messages.
Claim 2
Dependent Claim 240 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for automatically providing trading conversation context sensitive trading data messages in conjunction with said trading conversation based on said read time trading conversation analysis, said trading conversation analyzing means further comprising means for parsing said trading conversation for automatically providing said trading conversation context sensitive trading data messages.
Claim 3
Dependent Claim 65 words
A video communication trading system network in accordance with claim 1 wherein said trading conversation comprises trading textual data, said means for analyzing said trading conversation further comprising means for extracting trading information from said trading textual data for providing said trading data messages based thereon, said information extracting means comprising said parsing means for automatically providing said trading conversation context sensitive trading data messages.
Claim 4
Dependent Claim 60 words
A video communication trading system network in accordance with claim 2 wherein said conversion analyzing keystation terminal controller means comprises means for controlling said one subscriber keystation video display means for providing said trading conversation textual data and said trading data messages on said video display means in conjunction with said trading conversation textual data being analyzed in real time.
Claim 5
Dependent Claim 21 words
A video communication trading system network in accordance with claim 3 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 6
Dependent Claim 21 words
A video communication trading system network in accordance with claim 2 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 7
Dependent Claim 52 words
A video communication trading system network in accordance with claim 5 wherein said means for extracting trading information from said textual data for said foreign exchange trading transaction further comprises means for extracting currency involved in said transaction trading information from said textual data, said information extracting means comprising said parsing means.
Claim 8
Dependent Claim 56 words
A video communication trading system network in accordance with claim 5 wherein said means for extracting trading information from said textual data for said foreign exchange trading transaction further comprises means for extracting amount and currency in which said amount is quoted trading information from said textual data, said information extracting means comprising said parsing means.
Claim 9
Dependent Claim 51 words
A video communication trading system network in accordance with claim 5 wherein said means for extracting trading information from said textual data for said foreign exchange trading transaction further comprises means for extracting period and value data trading information from said textual data, said information extracting means comprising said parsing means.
Claim 10
Dependent Claim 21 words
A video communication trading system network in accordance with claim 1 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 11
Dependent Claim 29 words
A video communication trading system network in accordance with claim 1 wherein said conversation analyzing keystation terminal controller means comprises an analysis server means for analyzing said trading conversation.
Claim 12
Dependent Claim 68 words
A video communication trading system network in accordance with claim 10 wherein said conversation analyzing keystation terminal controller means further comprises a data base server means, a line server means and a terminal computer means associated with said one subscriber keystation, said analysis server means, said data base server means, said line server means and said terminal computer means being operatively connected together in a local area network.
Claim 13
Dependent Claim 266 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation analyzing keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for providing messages in conjunction with said trading conversation based on said real time trading conversation analysis, said means for analyzing said trading conversation substantially in real time comprising means for providing displayable conversation prompt messages comprising selectable trading conversation textual data in conjunction with said trading conversation based on said real time trading conversation analysis and further comprising means for parsing said trading conversation for automatically providing said displayable conversation prompt messages.
Claim 14
Dependent Claim 266 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation analyzing keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for providing messages in conjunction with said trading conversation based on said real time trading conversation analysis, said means for analyzing said trading conversation substantially in real time comprising means for providing displayable conversation prompt messages comprising selectable trading conversation textual data in conjunction with said trading conversation based on said real time trading conversation analysis and further comprising means for parsing said trading conversation for automatically providing said displayable conversation prompt messages.
Claim 15
Dependent Claim 70 words
A video communication trading system network in accordance with claim 12 wherein said trading conversation comprises trading textual data, said means for analyzing said trading conversation further comprising means for extracting information from said trading textual data and controlling provision of a current selectable displayable trading conversation prompt message based on said real time trading conversation analysis, said information extracting means comprising said parsing means for providing said prompt message.
Claim 16
Dependent Claim 64 words
A video communication trading system network in accordance with claim 13 wherein said conversation analyzing keystation terminal controller means comprises means for controlling said one subscriber keystation video display means for providing said trading conversation textual data and said current selectable displayable trading conversation prompt message on said video display means in conjunction with said trading conversation textual data being analyzed in real time.
Claim 17
Dependent Claim 21 words
A video communication trading system network in accordance with claim 14 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 18
Dependent Claim 21 words
A video communication trading system network in accordance with claim 13 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 19
Dependent Claim 21 words
A video communication trading system network in accordance with claim 12 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 20
Dependent Claim 284 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation analyzing keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for providing messages in conjunction with said trading conversation based on said real time trading conversation analysis, said trading conversation comprising trading textual data, said means for analyzing said trading conversation further comprising means for providing an updateable substantially real time summary of said trading conversation analysis in conjunction with said trading conversation and for extracting information from said trading textual data for providing said messages based thereon and further comprising means for parsing said trading conversation for automatically extracting said information from said trading textual data for providing said messages.
Claim 21
Dependent Claim 284 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation analyzing keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for providing messages in conjunction with said trading conversation based on said real time trading conversation analysis, said trading conversation comprising trading textual data, said means for analyzing said trading conversation further comprising means for providing an updateable substantially real time summary of said trading conversation analysis in conjunction with said trading conversation and for extracting information from said trading textual data for providing said messages based thereon and further comprising means for parsing said trading conversation for automatically extracting said information from said trading textual data for providing said messages.
Claim 22
Dependent Claim 45 words
A video communication trading system network in accordance with claim 18 wherein said conversation analyzing keystation terminal controller means further comprises a trading transaction ticket printing means for providing a trading ticket record of the trading transaction from said summary of said trading conversation analysis.
Claim 23
Dependent Claim 21 words
A video communication trading system network in accordance with claim 19 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 24
Dependent Claim 21 words
A video communication trading system network in accordance with claim 18 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 25
Dependent Claim 77 words
A video communication trading system network in accordance with claim 12 wherein said trading conversation comprises trading textual data, said means for analyzing said trading conversation further comprising means for extracting information from said trading textual data and controlling provision of a selectable context sensitive prompt message comprising said trading conversation textual data based on said real time trading conversation analysis, said information extracting means comprising said parsing means for automatically providing said context sensitive prompt message.
Claim 26
Dependent Claim 21 words
A video communication trading system network in accordance with claim 22 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 27
Dependent Claim 250 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation analyzing keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for providing messages in conjunction with said trading conversation based on said real time trading conversation analysis, said means for analyzing said trading conversation further comprising means for detecting trading inconsistencies substantially in real time as they occur during said trading conversation and reporting any detected trading inconsistencies in said trading conversation to said one subscriber keystation.
Claim 28
Dependent Claim 250 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation analyzing keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for providing messages in conjunction with said trading conversation based on said real time trading conversation analysis, said means for analyzing said trading conversation further comprising means for detecting trading inconsistencies substantially in real time as they occur during said trading conversation and reporting any detected trading inconsistencies in said trading conversation to said one subscriber keystation.
Claim 29
Dependent Claim 42 words
A video communication trading system network in accordance with claim 24 wherein said conversation analyzing means comprises means for controlling said one subscriber keystation video display means for displaying said detected trading inconsistencies in said trading conversation on said video display means.
Claim 30
Dependent Claim 21 words
A video communication trading system network in accordance with claim 25 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 31
Dependent Claim 21 words
A video communication trading system network in accordance with claim 24 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 32
Dependent Claim 53 words
A video communication trading system network in accordance with claim 25 wherein said trading conversation comprises trading textual data, said means for controlling said one subscriber keystation video display means for displaying said detected trading inconsistencies comprising means for highlighting said detected trading inconsistencies in a video display of said trading textual data.
Claim 33
Dependent Claim 21 words
A video communication trading system network in accordance with claim 28 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 34
Dependent Claim 268 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation analyzing keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for providing messages in conjunction with said trading conversation based on said real time trading conversation analysis, said means for analyzing said trading conversation further comprising means for providing an updateable substantially real time summary of said trading conversation analysis in conjunction with said trading conversation and still further comprising means for parsing said trading conversation for automatically providing said messages in conjunction with said trading conversation based on said real time trading conversation analysis.
Claim 35
Dependent Claim 268 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation analyzing keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for providing messages in conjunction with said trading conversation based on said real time trading conversation analysis, said means for analyzing said trading conversation further comprising means for providing an updateable substantially real time summary of said trading conversation analysis in conjunction with said trading conversation and still further comprising means for parsing said trading conversation for automatically providing said messages in conjunction with said trading conversation based on said real time trading conversation analysis.
Claim 36
Dependent Claim 52 words
A video communication trading system network in accordance with claim 30 wherein said means for analyzing said trading conversation further comprises means for detecting trading inconsistencies substantially in real time as they occur during said trading conversation and reporting any detected trading inconsistencies in said trading conversation to said one subscriber keystation.
Claim 37
Dependent Claim 21 words
A video communication trading system network in accordance with claim 31 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 38
Dependent Claim 42 words
A video communication trading system network in accordance with claim 31 wherein said conversation analyzing means comprises means for controlling said one subscriber keystation video display means for displaying said detected trading inconsistencies in said trading conversation on said video display means.
Claim 39
Dependent Claim 58 words
A video communication trading system network in accordance with claim 33 wherein said conversation analyzing keystation terminal controller means comprises means for controlling said one subscriber keystation video display means for providing said trading conversation textual data and said messages on said video display means in conjunction with said trading conversation textual data being analyzed in real time.
Claim 40
Dependent Claim 62 words
A video communication trading system network in accordance with claim 34 wherein said conversation analyzing keystation terminal controller means comprises means for controlling said one subscriber keystation video display means for providing said trading conversation textual data and said current displayable conversation prompt message on said video display means in conjunction with said trading conversation textual data being analyzed in real time.
Claim 41
Dependent Claim 235 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation analyzing keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for automatically providing messages in conjunction with said trading conversation based on said real time trading conversation analysis, said conversation analyzing keystation terminal controller means further comprising means for selectively inhibiting said automatically provided prompt messages in conjunction with said trading conversation.
Claim 42
Dependent Claim 235 words
In a video communication trading system network capable of providing textual data messages to a plurality of subscriber terminals throughout said network for selectively conducting trading conversations therebetween, at least a portion of said plurality of subscriber terminals comprising subscriber keystations, each of said subscriber keystations comprising a video display means for providing a textual video display of trading data input to said network, said trading system network including a message switching interface network for routing video conversational textual data trading messages throughout said trading system network; the improvement comprising at least one conversation analyzing keystation terminal controller interface means operatively connected between at least one of said subscriber keystations and said message switching interface network for routing trading data input by said one subscriber keystation to at least another designated subscriber keystation through said message switching interface network and for receiving trading data input to said message switching interface network by said designated other subscriber keystation for controlling communication of said trading conversation between said one subscriber keystation and said designated other subscriber keystation, said conversation analyzing keystation terminal controller means comprising means for analyzing said trading conversation substantially in real time for automatically providing messages in conjunction with said trading conversation based on said real time trading conversation analysis, said conversation analyzing keystation terminal controller means further comprising means for selectively inhibiting said automatically provided prompt messages in conjunction with said trading conversation.
Claim 43
Dependent Claim 21 words
A video communication trading system network in accordance with claim 36 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 44
Dependent Claim 21 words
A video communication trading system network in accordance with claim 36 wherein said trading conversation comprises a foreign exchange trading transaction.
Claim 45
Dependent Claim 54 words
A video communication trading system network in accordance with claim 36 wherein said trading conversation comprises trading textual data, said means for analyzing said trading conversation further comprising means for extracting information from said trading textual data and controlling provision of a context sensitive prompt message based on said real time trading conversation analysis.

References Cited (Backward Citations)

US4412287A Cited
US4531184A Cited
US4688195A Cited
US4525779A Cited
GB2165421A Cited
US4670848A Cited
US4752889A Cited

USPTO Annuity & Maintenance Windows

Annuity Stage Window Opens Payment Deadline Surcharge Period Until Estimated Fee Status
3.5 Years (Year 4) 1996-03-15 1996-09-14 1997-03-16 $2000.00 Window Closed / Lapsed
7.5 Years (Year 8) 2000-03-15 2000-09-14 2001-03-16 $3760.00 Window Closed / Lapsed
11.5 Years (Year 12) 2004-03-15 2004-09-14 2005-03-16 $7700.00 Window Closed / Lapsed

Assigned Categories & Tags

No categories assigned to this patent yet.

Assign Category Tag