Trade method of on-line capital competitive bidding

Abstract

The present invention discloses the procedures of online bidding for the members from credit union. When a member wins the bid, the member wins the respective amount. When the members fail to get the bid, the value of the fund the members hold will be calculated by management server from a financial institute. The financial institute then issues electronic warrant. With the warrant, the members which fail the bid can commit financial transaction method. The method comprises applying for pledge and loan from a financial institute through the electronic warrant pledge platform. Electronic warrant transfer transaction is performed in an electronic warrant transfer transaction systems, including the following steps: The members which fail the bid use the electronic warrant to log in the electronic warrant bidding system. Qualified members can compete in bidding and the member which offers the highest price wins the bid. The online bidding mechanism warrant and the transaction method significantly improve the flexibility and high liquidity of the credit union type direct financial products, and thus improve the market acceptance thereof.

Description

technical field [0001] The invention relates to an online fund bidding mechanism rights certificate and a transaction method. Background technique [0002] In the private financial capital system, unions (mutual aid associations) have always been regarded as a tool for investment and financial management by most people. Unions have the functions of saving and financing, guarantee capital, and generate wealth, which cannot be replaced by banks. Therefore, they generally exist in all social strata in the form of a niche market. [0003] Currently, credit card revolving interest is the most commonly used tool for prepaying consumption, followed by Biaohui, followed by bank microfinance and credit card cash advance. It can be seen that Biaohui has a large market. [0004] However, unions (mutual aid associations) are private private lending activities of a small minority and lack the basis for professional credit investigation. Therefore, when encountering economic downturn and...

AI Technical Summary

Problems solved by technology

It turns out that a union (mutual aid association) is a closed group formed by a group of people with a specific number (such as 12, 24, 36), corresponding to a certain period (such as a week, half a month, a month or half a year), and a certain amount of money. , and its use of funds is also very inflexible

Secondly, the Biaohui is a combination of a group of fixed personnel, and its circulation is strictly limited. This is a small group that will always stay in the region, and it cannot become a financial institution with scientific, logical, high liquidity and optimal capital allocation efficiency. The main reason for the product

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