82 results about "Price quote" patented technology

A system and method for providing online insurance quotes to a client on a social network web site includes an insurance server adapted to execute a coverage calculator application and an insurance database in communication with the insurance server for storing a plurality of personas, a plurality of insurance coverage options associated with each persona, and a price quote associated with each insurance coverage option. The system is in communication with a platform application on the social network web site. The platform application is in communication with a social network database for storing user content of the social network client. In one embodiment, the platform application uses an inference engine to query the user content of the social network client and return a set of inferred characteristics. The coverage calculator application selects a persona in response to the set of inferred characteristics and selects one of the insurance coverage options in response to the selected persona.

An electronic system for aggregated pricing of linked multi-leg (e.g., equity/option and option/option) asset packages with an additional link to an automated broker system for trading the linked asset packages are disclosed. The invention provides methodology and apparatus to electronically produce aggregated price quotes for packages of instruments designed to represent traditional trading strategies involving cash and their derivatives (e.g., stock and equity options). The system develops packages according to specified strategies, and prices the packages based on the national best bid and offer (NBBO) or direct input from participating market makers and investors. The packages are designed for easy understanding by traditional investors and designed for trading through a single order. These packages are desirable over separately trading the asset and its derivative (e.g., equity and option) instruments because they transfer market volatility risk from the investor to the institution by requiring market makers to agree to the aggregated price of the package prior to executing any trades. Certain linked packages, such as most stocks and options, cannot be traded together on a single floor of an exchange due to restrictions by the Securities and Exchange Commission (SEC) regarding side-by-side trading and integrated market making of most stocks and options. This invention provides an electronic process for synthetic side-by-side trading across separate trading locations (e.g., equity and option exchanges and within the existing rules of the SEC). The electronic process follows traditional rules regarding the manual handling of combination orders involving multiple asset types. The process significantly improves efficiency over manual handling resulting in a system that is scalable to high trade volumes.

The invention includes systems and methods for price improvement in an electronic trading environment. The systems of the invention may include such components as auction clients for market participants to provide best prices and an auction module to coordinate auctions. The methods of the invention may include receiving best price quotes from market participants, the determination of best prices, and order execution based on single matches, multiple matches, and multiple matches on both sides of an order.

In electronic commerce, a user profile may be used to determine one or more product recommendations. The user profile may be selectable so that a first user may receive product or service recommendations for a second user associated with the user profile. Additionally or alternatively, price quotes may be solicited from a plurality of providers in an attempt to obtain the best price for a consumer. Profiles may be generated in a variety of ways including tracking user actions. Interests may be inferred from such user actions and may further be weighted based on various methodologies.

An online trading system for providers, customers and online trading servers, as well as methods of conducting online trading transactions, that incorporate processing components and steps that measure, monitor, report and utilize up-to-date network latency data to process offers to deal so that an unnecessarily large number of deals will not be refused. The systems and methods may also be used to make adjustments to the frequency and content of price quotes, based on current latency data, to improve customers' opportunity to submit offers that will arrive timely. The invention provides banks (and other liquidity providers), as well as online trading server operators, with sufficient information concerning network latencies so that price quotes issued by the banks can be “tuned” and customized so that they will not expire before the bank's customers have a reasonable opportunity to review the price quotes and submit offers to deal.

Systems and methods for providing price quotes for 3D objects are described herein. In one embodiment, costs related to generating a 3D object molded from a 3D printer mold may be based on various parameters. The process for generating a price quote may include uploading an initial file to a server and converting that file into a 3D CAD file. The method may also include selecting units, materials, a finish, and/or a quantity of objects to be made. Based on the selections, the server may generate a price quote to produce the one or more objects, and a checkout option may be provided allowing the user to purchase the one or more objects.

A blind-supply open commerce business system provides a database where suppliers may upload product, product price and product delivery information. Products are offered for sale through a various systems where a potential buyer may view product information and price quotes for the same product from a plurality of suppliers wherein the identity of suppliers is not revealed. Price quotes reflect supplier cost plus margin. The system of the invention channels invoice and tracking information from a supplier to a purchaser without revealing the identity of the supplier. Suppliers ship products directly to purchasers. Purchasers may access order, shipping, and tracking information from a database of the invention.

An apparatus and method for preparing a price quote for a product. The product is selected from among a plurality of products. A determination is made as to whether the product is a member of a particular product collection. This determination includes evaluating a dynamic selection rule set associated with the particular product collection. When the product is determined to be a member of the particular product collection, the method includes the additional steps of (i) identifying one or more price rules associated with the particular product collection and (ii) applying these price rules to the product in order to determine the price quote for the product.

A method for assisting buyers in selecting a supplier of a good or service begins by receiving a price quote for the good or service from the supplier. A request is then submitted to an insurance company requesting the company to issue a policy for reimbursing the buyer for economic damage the buyer may realize as a result of purchasing the good or service from the supplier. The insurance company assesses the risk of insuring the buyer based on information about the buyer and supplier stored in a database. Preferably, the information about the buyer is conveyed electronically to the insurance company over the internet. Also, the risk assessment is preferably all performed in software. A decision on whether to offer the insurance policy to the buyer is then made if a favorable risk assessment is returned. The buyer then decides whether to accept the policy by performing a comparative analysis which involves determining whether the sum of the supplier's costs plus the cost of the insurance policy is greater than or less than the price which the buyer's existing supplier is charging him for the goods or services.

A jewelry configurator is disclosed which permits a consumer or end user to begin with a catalog of jewelry pieces that he is able to then customize and alter in various ways to tailor the piece to his taste, view a rendering of said piece, get a price quote for the piece, and send same directly to manufacture for production.

Methods and systems for automated alternative selection for compound price quotes are provided. A requesting party submits a request that includes information regarding at least one specification. A database is searched based on the information provided by the request. The search results are evaluated to determine whether they meet a predefined target. When the search results do not meet a predefined target, an alternative specification is identified. At least a second set of search results is retrieved from the database that may be used to meet the target. Vehicles are selected for inclusion in a compound price quote. A compound price quote including multiple price quotes for each selected vehicles is generated.

The invention relates to a method for assisting a consumer in selecting and purchasing tires through a computer based communication system. The system has data on a number of tires and requests from the consumer preferences for various attributes of tires, for example, comfort, handling, traction, tread wear, all-season use, etc. Using the set of preferred attributes, the system identifies a set of tires that most closely match the user's preferences, and presents information on the set of tires to the consumer. The consumer can send automatically a request to area retail dealers for price quotes on the tires or a selected tire from the set, and receive the quote directly from the dealer.

The invention relates to a system for providing and pricing travel product inventory contained in external databases not under the control of the operator and additionally comprises ghost databases which are a mirror of the external databases. The system further comprises an information manager adapted to receive search criteria from a user and to apply pricing rules to the search results which determine the final display price quoted to the user. The information manager thereafter filters the priced search results by a productmaster UID to group the same actual travel product inventory as supplied by different suppliers, into a single search result, and then provides the grouped results to the user connected to the system via the communications module.

Methods, software, and hardware are disclosed for providing verified real time price quotes in an over-the-counter financial market. Systems are described that can comprise methods, software, and/or hardware to provide verified real time price information for securities traded over-the-counter. Verification methods of the invention include identifying suspect source data, wherein the suspect source data includes information about the price of a security, verifying the suspect source data, and displaying to a user a verified price quote of a security traded in an over-the-counter market to a user. The verification methods of the invention include using hash functions and hash tables to process suspect source data, wherein the hashing allows for confidential processing while at the same time maintaining the ability to match a price quote to the source of the price quote.

A method and system for facilitating trading of equity and index options is provided. The system incentivizes market makers to voluntarily agree to restrict the bid/offer spread on price quotes for options by enabling the market makers to submit batches of bids and offers simultaneously. The system also provides protection to the market makers by enabling withdrawal of certain bids and offers if a cumulative delta on traded options has been exceeded. The system also provides limits on the rates at which individual traders and the overall market submit bids and offers. The system provides summarization of market data to enable market makers to have relevant and timely data at all stages. In this manner, the system achieves increased liquidity of the equity and index options markets.

Disclosed are computer systems for facilitating market transactions between sellers, buyers, and carriers of perishable commodities. One system includes computer hardware that: features computer readable memory containing program code; and is organized according to client-server architecture. In the same embodiment, the hardware plus associated program code and architecture are configured for: sellers to list the prices and quantities of perishable commodities; buyers to search or bid for listed commodities by price; buyers to order listed commodities for delivery; a seller's approval of orders; buyers or sellers to list haul orders based on approved orders, wherein the haul orders identify a pickup and delivery location plus the ordered quantities of commodities; carriers to search for and provide a price quote for serviceable haul orders; buyers or sellers to approve quoted prices for a haul orders; and, buyers, sellers, or carriers to negotiate payments for approved commodities or haul orders.

An online system and method for a computer or web-based system enabling users to estimate, schedule, and purchase a variety of home-related services from a trusted group of professional contractors. The system manages a list of prescreened, reputable, and local contractors. Through the present invention, consumers may find local contractors, obtain real time competitively priced quotes from contractors for their services, schedule work to be preformed, and pay or finance the cost of the service. Contractors may also purchase subscriptions tied to U.S. postal codes or zip codes from which they will receive all leads of consumers needing services originating from that postal code for the services they offer.

A system includes one or more computers associated with a buyer for locally generating price quotes. The one or more computers receive a pricing tool from a seller, the pricing tool operable to generate price quotes for the seller, and locally store the pricing tool received from the seller such that the pricing tool is locally accessible to the one or more computers associated with the buyer. The one or more computers access a request for quote (RFQ) specifying an order including quantities of one or more items, the RFQ requesting a price quote for the order, and communicate the RFQ to the locally accessible pricing tool. Using the locally accessible pricing tool received from the seller, the one or more computers locally generate a price quote for the order. The one or more computers provide the locally generated price quote for the order for possible further action by the buyer.