KR100346646B1 - a method for selling at auction the foreign currency through the internet - Google Patents

Abstract

The present invention relates to a foreign exchange auction sales method using the Internet, in particular, when foreign exchange buyers and sellers are connected to the exchange server 11 through the Internet network 21 or public switched telephone telephone network 22 to look up the member information to be a true member A first step of confirming that the identification; If the foreign exchange buyer and seller connected to the exchange server 11 is a true member, the foreign exchange buy and sell order is received, and the withdrawal of the won or foreign currency of the amount necessary for the settlement server (51, 52) installed in the buyer's or seller's bank. Requesting a second step; If there is a buy and sell order that meets the trading conditions among the received orders, and the sale of foreign exchange is concluded, the member shall request the deposit of the won or foreign exchange sold to the settlement server (51, 52) installed in the buyer or seller's bank. A third step of notifying a foreign exchange of a trade agreement; If the sell and buy orders that match the trading conditions do not exist, the process of searching whether the sell and buy orders that match the trading conditions exist until the end of the trading time is repeated, and the settlement server (51, 52) And requesting a re-deposit of the foreign currency and foreign currency which have not been traded to the customer, and then providing a fourth step of notifying the member that the foreign currency has not been traded. As such, by using the Internet, the buyer can purchase and sell foreign currency through auction sales, thereby maximizing the profits of both foreign currency buyers, and alleviating the inconvenience of the foreign currency buyers visiting the bank directly for currency exchange.

Description

A method for selling at auction the foreign currency through the internet}

The present invention relates to a foreign auction method of buying and selling foreign exchange through the mutual bidding method of buyers, in particular, to maximize the benefits of both traders as the buyer buys and sells foreign exchange or exchanges it with another foreign exchange using the Internet. The present invention relates to a foreign exchange auction buying method using the Internet to solve the inconvenience of having to find a bank for foreign exchange.

In general, in order to buy or sell foreign currency, a consumer visits a foreign exchange handling bank in person and pays the won according to the current price notified by each bank, and buys foreign currency or sells foreign currency to exchange it into Korean won.

However, in the case of exchanging foreign exchange as described above, it is inconvenient for the consumer to visit the foreign exchange handling bank directly, and purchase foreign exchange at the selling price notified by each bank higher than the transaction base price or lower than the transaction base price. There was a problem that the loss caused by currency exchange occurs as the foreign currency is sold to the purchase price announced by the bank.

In addition, in the case of exchanging a foreign currency into another foreign currency, for example, in converting US dollars into Japanese Yen, each bank converts the US dollar into Korean Won using the purchase price notified by each bank, and then reverts the selling amount notified by each bank. There was a problem that foreign exchange buyers have to see double losses as they convert US dollars into yen.

Accordingly, the present invention has been invented to solve the above problems, by maximizing the profits of both foreign exchange buyers than when using a bank, as the buyer buys and sells foreign exchange through auction, or exchanges for another foreign exchange using the Internet. It is also an object of the present invention to provide a method of auctioning foreign exchange using the Internet, which can alleviate the inconvenience of having to visit a bank in person for foreign exchange.

In order to achieve the above object, the present invention, if the foreign exchange buyer and seller who opened a currency exchange account in the bank to access the exchange server through the Internet network or public switched telephone network to check the member information to check whether the true member A first step; If the foreign exchange buyer and seller connected to the exchange server in the first step is a true member, the foreign exchange buy and sell order is received, and the foreign currency or foreign currency withdrawal is required for the settlement server installed in the buyer's or seller's bank. A second step; If there is a buy and sell order in the order received in the second step, and the sale of foreign exchange is concluded, after requesting the payment of the won or foreign exchange to the settlement server installed in the buyer or seller's bank, A third step of notifying a foreign exchange of a trade agreement; If the sell and buy orders that match the trading conditions do not exist in the second step, the process of searching whether the sell and buy orders that match the trading conditions exist until the end of the trading time is repeated, and the settlement server ends. And requesting a re-deposit of the foreign currency and foreign currency which have not been traded to the customer, and then providing a fourth step of notifying the member that the foreign currency has not been traded.

1 is a view illustrating an internet environment to which a waggling exchange auction buying method according to the present invention is applied

Schematic drawing,

2 is a flowchart illustrating a foreign exchange auction buying method according to the present invention;

3 is a view for explaining a foreign exchange auction buying method according to the present invention.

Explanation of symbols for main parts of the drawings

10: cyber currency auction company 11: currency exchange server

12 Hub 13: Router

14: DSU / CSU 21: Internet Network

22: public switched telephone network 51,52: payment server

Hereinafter, a preferred embodiment of the present invention will be described in detail with reference to the accompanying drawings.

1 is a diagram schematically illustrating an internet environment to which a foreign exchange auction buying method according to the present invention is applied, in which a buyer and a seller who are foreign exchange buyers are connected to a cyber currency auction company through an internet network. That is, the foreign exchange buyer and seller's computers 31 and 32 are connected to the Internet network 21, and the exchange server 11 of the cyber exchange auction company 10 also has a hub 12, a router 13, and a DSU / CSU. It is connected to the Internet network 21 via 14.

In addition, the exchange server 11 of the cyber exchange auction company 10 is connected to the settlement server (51, 52) installed in the trading bank of the buyer or seller of foreign exchange buyers through the DSU / CSU (14), PC communication The exchange server 11 is connected to the foreign exchange buyer and the seller's computer or telephones 41 and 42 through a public switched telephone network (PSTN) 22 so that foreign exchange auctions can be purchased through the ARS service. Unexplained reference numeral 15 denotes a terminal server.

Next, a process of auctioning foreign exchange in the Internet environment configured as described above will be described in detail with reference to FIGS. 2 and 3.

First, buyers and sellers who are foreign exchange buyers who wish to participate in the auction should open foreign exchange and currency deposit accounts, which are exchangeable accounts, at their respective banks, and register as a member of the cyber currency auction company (10). In the foreign exchange transaction information database connected to the exchange server 11 of (10), member information of the registered member is stored.

As described above, when the buyer and the seller, who are foreign exchange buyers who are members of the cyber currency auction company 10, are connected to the cyber currency auction company 10 through the Internet network 21 or the public line exchange telephone network 22, the currency exchange server 11. Check the member information stored in the foreign exchange trading information database to determine whether the member connected to the exchange server 11 is a true member (101).

When the member connected to the exchange server 11 turns out to be a true member, the exchange server 11 receives the purchase order or sell order of the member (102), and corresponds to the settlement server (51, 52) installed in the member's trading bank. After requesting the withdrawal of the required amount of won or foreign currency from the member's foreign currency deposit account or won deposit account (103), it is searched if there exists a sell order and a buy order that match the trading conditions (104).

If a sale order and a purchase order that meet the terms and conditions of purchase are made and a foreign exchange transaction is concluded, the exchange server 11 deposits the won or foreign exchange which deducted a certain amount of fee into the member's won and foreign exchange account. Request the payment server (51, 52) (106, 107), and notify the member to conclude the sale (108) .In addition, if a document such as a passport or a foreign exchange transaction application is required for foreign exchange transactions according to the related laws, foreign exchange transactions When signing the agreement, the member shall pay the won and foreign currency in the member's won and foreign exchange account and complete the transaction to enable the deposit and withdrawal of the won and foreign exchange. In addition, if the relevant documents are not submitted within the period, the bank buys or sells foreign exchange on its behalf to secure the reliability of the transaction.

In other words, when a purchase order for a foreign exchange is received, the required amount of won shall be withdrawn from the buyer's won deposit account. If a sell order for a foreign exchange is received, the foreign currency shall be withdrawn from the foreign currency deposit account of the seller. On the other hand, when a foreign exchange is concluded, the foreign currency purchased is deposited in the buyer's foreign currency deposit account, and the won is paid in the seller's won deposit account.

For example, if the maximum selling price of a foreign exchange bank is 1,500 won, the guaranteed purchase price is 1400 won, and the transaction base price is 1450 won, the foreign exchange purchaser measures 10% of the difference between the maximum selling price of the bank and the guaranteed purchase price. A purchase order of a foreign exchange with a purchase price of -10%, which is added to the value, becomes a purchase offer for 1,460 won, and if the seller places a sell order for foreign exchange with a 10% sale, it is recognized as a sale offer for 1,460 won. do.

At this time, the seller takes a profit of 60 won, the buyer takes a profit of 40 won, and collects a certain percentage of the profit as a commission of a bank and a cyber exchange auction company. Therefore, a foreign currency equivalent to a fee minus a fee is deposited in a foreign currency deposit account of a buyer who has established a transaction, and a won in a currency amount less the fee is deposited in a foreign currency deposit account of a foreign currency seller.

On the other hand, if there is no sell order and purchase order that match the trading conditions, the exchange server 11 determines whether the trading time of the foreign exchange has ended (109). The process of searching for the existence of a sell order and a buy order is repeated.

In addition, the exchange server 11, when the transaction time of the foreign exchange ends, the re-deposit of the foreign currency withdrawn in the won deposit account of the foreign exchange buyer and the re-deposit of foreign exchange withdrawn into the foreign currency deposit account of the foreign exchange seller (51, 52). At the same time, the buyer and seller are notified of the non-consolidation of foreign exchange (110, 111).

On the other hand, in the case of exchanging a specific foreign exchange for another foreign exchange, bartering or exchanging a specific foreign exchange and another foreign exchange for exchange based on the transaction base price of both foreign exchanges by presenting a certain rate of discount or a premium at each transaction base value as described above. Both foreign exchanges can be exchanged.

As described above, the present invention can maximize the profits of both foreign exchange buyers when the foreigners buy or sell foreign currency through auction using the Internet, and exchange foreign currency to other foreign exchanges. Direct exchange between foreign exchanges is possible without the mediation of the won. In addition, it is possible to alleviate the inconvenience of having to visit a foreign bank directly for foreign exchange.

Although the present invention has been described with reference to one embodiment shown in the drawings, this is merely exemplary, and those skilled in the art will understand that various modifications and equivalent other embodiments are possible therefrom. Therefore, the true technical protection scope of the present invention should be defined only by the appended claims.

Claims (1)

A first step of confirming whether the foreign exchange buyer and seller who opened a currency exchange account at the transaction bank is a true member by inquiring the member information when the foreign exchange buyer and seller are connected to the exchange server through the Internet network or the public line exchange telephone network; If the foreign exchange buyer and seller connected to the exchange server in the first step is a true member, the foreign exchange buy and sell order is received, and the withdrawal of the amount required by the payment server installed in the buyer's or seller's bank is requested to withdraw the foreign currency or foreign currency. A second step; If there is a buy and sell order in the order received in the second step, and the sale of foreign exchange is concluded, after requesting the payment of the won or foreign exchange to the payment server installed in the buyer or seller's bank, A third step of informing a foreign exchange of a trade agreement to a foreign exchange; In the second step, if the sell and buy orders that match the trading conditions do not exist, the process of searching whether the sell and buy orders that match the trading conditions exist until the end of the trading time is repeated. And a fourth step of notifying a member not to make a sale of a foreign exchange after requesting re-deposit of a foreign currency and a foreign exchange not traded with the foreign currency.