Appeal 2007-0394
Application 09/769,036
executing broker must specify the exchange rate on the execution screen in the FX
dialogue box 661 (Hawkins, col. 14, ll. 52-55).
19. The executing broker supervisor can authorize the transmittal of
orders and executions from the broker workstations (Hawkins, col. 14, ll. 35-38).
20. The executing broker may also be a clearing agent (Hawkins, Fig.3).
21. Harada discloses a system and method for ordering, pricing,
processing, and executing international payment transactions (Harada ¶ 10).
22. Harada discloses an international payment system (IPOPS) where the
currency from a funds source 414 is traded (converted) to the local, foreign
currency of a NOSTRO account 432, using a global trading system 422 or an
international treasury system 426 (Harada ¶ 43).
23. The payment system of Harada utilizes SWIFT messages (Harada
¶ 45).
24. The payment system of Harada does not require a foreign exchange
transaction for each international payment because the system makes payments to
beneficiaries using funds already held in the destination market. After the party
initiating the transaction makes a payment to the system and the beneficiary
receives the payment from the system in local currency, the destination accounts
managed by the system must be reimbursed with currency native to the destination
market (Harada ¶ 62).
PRINCIPLES OF LAW
“Section 103 forbids issuance of a patent when ‘the differences between the
subject matter sought to be patented and the prior art are such that the subject
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