Appeal No. 2007-0695 Page 7
Application No. 09/837,041
Given that “[a] claim is anticipated only if each and every element as set
forth in the claim is found, either expressly or inherently described, in a single
prior art reference,” Verdegaal Bros. v. Union Oil Co. of California, 814 F.2d 628,
631, 2 USPQ2d 1051, 1053 (Fed. Cir. 1987), cert. denied, 484 U.S. 827 (1987),
element (b) of the claimed system must be described, either expressly or
inherently, in Meltzer if the claims are to be rejected as being anticipated by
Meltzer. The Examiner clearly states that Meltzer describes all the elements of the
claimed system. But we have the impression from reading the Examiner’s Answer
that, with respect to element (b) of the claimed system, the Examiner takes the
position that Meltzer inherently describes that element. We need more explanation
Fig. 13 is a flow chart illustrating the process of registering participants at a market
maker node according to the present invention.
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