Apparatus and method for trading securities with a specific user
The securities trading support device enables secure and efficient OTC transactions by designating a specific counterparty, addressing the low success rates in OTC stock markets by processing transfers directly between user accounts.
KR102999007B1Active Publication Date: 2026-08-03SEOULEXCHANGE INC
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Patent Information
- Application Number
- KR1020240016357
- Authority / Receiving Office
- KR · KR
- Patent Type
- Patents
- Current Assignee / Owner
- Priority Date
- 2023-08-29
- Filing Date
- 2024-02-02
- Publication Date
- 2026-08-03
- Estimated Expiration
- 2044-02-02
AI Technical Summary
Technical Problem
Over-the-counter (OTC) stock transactions face low success rates due to issues like buyers failing to send money or receive shares, and existing brokerage platforms lack a method for designating a specific counterparty for secure transactions.
Method used
A securities trading support device and method that allows for transactions by designating a specific counterparty, processing transfers of securities and deposits between user accounts based on generated orders and transaction requests, without requiring separate confirmation from the first user.
Benefits of technology
Facilitates secure and efficient transactions by ensuring transfers are executed directly between designated parties, reducing the need for negotiation and improving transaction success rates.
✦ Generated by Eureka AI based on patent content.
Abstract
A method of operation of a securities trading support device for a counterparty trading method according to one embodiment of the present disclosure may include: receiving a request to create an order for trading securities with a specific user from a terminal of a first user; creating a first order and identification information of the first order corresponding to the request to create an order; transmitting order creation completion information based on the identification information of the first order to the terminal of the first user; receiving a transaction request based on the identification information of the first order from a terminal of a second user; and performing a transaction execution procedure based on the transaction request.
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