VIRTUAL TRADER Trademark

A computer software platform consisting of a multi-market stock transaction terminal with a user interface for receiving stock market information and conducting transactions; a management/administration system consisting of computer terminals for market order that directs trading orders and calls with risk/liability/ control; a program for accessing stock markets as well as intermediary financial networks and entities; a protocol conversion program; programs for processing and distributing financial information; programs enabling connecting external systems to a central trading computer system; magnetic tapes for storing data and programs; a program information and host tandem computer with programs for receiving, processing, recording, and re-sending stock market information to internal applications in the central trading system

Computer-aided transmission of messages and images and diffusion of information for stock market orders and transactions by means of TCP/IP standards

Financial information services that provide information about purchaser and sales prices of last transactions traded, traded volumes, price development, historical data regarding stocks and values integrated in multi-market trading transactions, which is received, processed and re-distributed to users in real time for confirmation, modifications, cancellations, and execution of orders from stock markets