A Method for the Purchase and Sale of a Traded Security and a Fractional Right Based Thereon

摘要

#$%^&*AU2015246145A120160512.pdf#####ABSTRACT The invention provides a method for the purchase and sale of a traded 5 security and a fractional right based on the security by a subscriber by: display of at least one actuable icon on a subscriber interface when linking the subscriber interface in electronic communication with a system server, which icon is at least representative of a value constant buy instruction for a traded security; generation of a proforma order by the system server on actuating 10 the icon, which proforma order is communicated to the subscriber interface, and which proforma order is based on the value constant of the buy instruction; interrogation of a pricing database by the system server to receive a current price for the security when the proforma order is accepted on the subscriber interface; calculation of a unit amount and a fractional 15 amount by the system server by dividing the value constant of the buy instruction by the current price; generation of a subscriber order by the system server, which order accrues to the benefit of the subscriber after payment; allocation by the server to the subscriber order of units of the security equal to the unit amount; and provision by the server of a monetary 20 value to the fractional amount by tracking the price of the security, on communicating with the pricing database, which value is based pro-rata on the current price of a unit of the security. 15215 22 browse companies. w r o we ssym e co m 0. sK ft'l oe 11 mu ,91 y rp y dk e vet sr , rdeg jq ~ANLO ase INUM ANGLoGOLO ASPANTI 24A LBAK(TAYS bhpbiiton Bidvest 24N FIGURE 2