1. A computer implemented method of determining a market for a new product, the method comprising:
receiving, by an identification processor, identification of a new product for which an order book is not available on an exchange, the new product comprising first and second components;
identifying, by the identification processor in response to the receiving, a first available order book for a first available product listed on the exchange and a second available order book for a second available product listed on the exchange, the first available product comprising one of the first and second components and the second available product comprising the other of the first and second components;
correlating, by a correlation processor coupled with the identification processor, the first and second available order books based on the first and second components; and
generating, by a market generator coupled with the identification processor and the correlation processor, a new order book for the new product based on the correlating, the new order book comprising one or more orders to buy or sell the new product, each of the one or more orders having been generated based on one or more orders to buy or sell the first available product comprised by the first available order book, one or more orders to buy or sell the second available product comprised by the second available order book, or a combination thereof, and causing the new product to be listed on the exchange having the new order book such that subsequently received orders to buy or sell the new product may be matched to at least one of the one or more orders in the new order book if counter thereto or otherwise be entered into the new order book to await a further subsequent order counter thereto.
2. The computer implemented method of claim 1 wherein the first available product further comprises a first correlatable component and the second available product further comprises a second correlatable component, the correlating being based on a correlation of the first and second correlatable components.
3. The computer implemented method of claim 2 where the first and second correlatable components are the same.
4. The computer implemented method of claim 2 wherein the first and second correlatable components are correlatable via a third available order book for a third available product comprising both of the first and second correlatable components.
5. The computer implemented method of claim 1 wherein the first and second components each comprise a currency.
6. The computer implemented method of claim 1 wherein the new order book is capable of reflecting both orders implied by the first and second available order books and outright orders received for the new product.
7. The computer implemented method of claim 1 where in the correlating is based on a transitive relationship between the one or more orders to buy or sell in the first available order book and the one or more orders to buy or sell in the second available order book.
8. The computer implemented method of claim 1 wherein the generating of each of the one or more orders to buy or sell the new product in the new order book comprises interpolating between one of the one or more orders to buy or sell the first available product in the first available order book and one of the one or more orders to buy or sell the second available product in the second available order book.
9. A system for determining a market for a new product, the system comprising:
an identification processor coupled with an exchange and operative to receive identification of a new product for which an order book is not available on the exchange, the new product comprising first and second components;
the identification processor being further operative to, in response to the receipt of identification of the new product, identify a first available order book for a first available product listed on the exchange and a second available order book for a second available product listed on the exchange, the first available product comprising one of the first and second components and the second available product comprising the other of the first and second components;
a correlation processor coupled with the identification processor and operative to correlate the first and second available order books based on the first and second components; and
a market generator coupled with the exchange, the identification processor, and the correlation processor and operative to generate a new order book for the new product based on the correlation between the first and second available order books, the new order book comprising one or more orders to buy or sell the new product, each of the one or more orders having been generated based on one or more orders to buy or sell the first available product comprised by the first available order book, one or more orders to buy or sell the second available product comprised by the second available order book, or a combination thereof, and wherein the market generator is further operative to cause the new product to be listed on the exchange having the new order book such that subsequently received orders to buy or sell the new product may be matched to at least one of the one or more orders in the new order book if counter thereto or otherwise be entered into the new order book to await a further subsequent order counter thereto.
10. The system of claim 9 wherein the first available product further comprises a first correlatable component and the second available product further comprises a second correlatable component, the correlation processor being further operative to correlate the first and second available order books based on a correlation of the first and second correlatable components.
11. The system method of claim 10 where the first and second correlatable components are the same.
12. The system method of claim 10 wherein the first and second correlatable components are correlatable via a third available order book for a third available product comprising both of the first and second correlatable components.
13. The system method of claim 9 wherein the first and second components each comprise a currency.
14. The system method of claim 9 wherein the new order book is capable of reflecting both orders implied by the first and second available order books and outright orders received for the new product.
15. The system method of claim 9 wherein the correlation processor is further operative to correlate the first and second available order books based on a transitive relationship between the one or more orders to buy or sell in the first available order book and the one or more orders to buy or sell in the second available order book.
16. The system method of claim 9 wherein the market generator is further operative to generate each of the one or more orders to buy or sell the new product in the new order book based on an interpolation between one of the one or more orders to buy or sell the first available product in the first available order book and one of the one or more orders to buy or sell the second available product in the second available order book.
17. A system for determining a market for a new product, the system comprising a processor coupled with an exchange and a computer readable storage media coupled with the processor, the system further comprising:
first logic stored in the computer readable storage media and executable by the processor to receive identification of a new product for which an order book is not available on an exchange, the new product comprising first and second components, and, in response to the receipt of identification of the new product, identify a first available order book for a first available product listed on the exchange and a second available order book for a second available product listed on the exchange, the first available product comprising one of the first and second components and the second available product comprising the other of the first and second components;
second logic stored in the computer readable storage media and executable by the processor to correlate the first and second available order books based on the first and second components; and
third logic stored in the computer readable storage media and executable by the processor to generate a new order book for the new product based on the correlation between the first and second available order books, the new order book comprising one or more orders to buy or sell the new product, each of the one or more orders having been generated based on one or more orders to buy or sell the first available product comprised by the first available order book, one or more orders to buy or sell the second available product comprised by the second available order book, or a combination thereof, and wherein the third logic is further operative to cause the new product to be listed on the exchange having the new order book such that subsequently received orders to buy or sell the new product may be matched to at least one of the one or more orders in the new order book if counter thereto or otherwise be entered into the new order book to await a further subsequent order counter thereto.
18. The system of claim 17 wherein the first available product further comprises a first correlatable component and the second available product further comprises a second correlatable component, the second logic being further executable by the processor to correlate the first and second available order books based on a correlation of the first and second correlatable components.
19. The system method of claim 18 where the first and second correlatable components are the same.
20. The system method of claim 18 wherein the first and second correlatable components are correlatable via a third available order book for a third available product comprising both of the first and second correlatable components.
21. The system method of claim 17 wherein the first and second components each comprise a currency.
22. The system method of claim 17 wherein the new order book is capable of reflecting both orders implied by the first and second available order books and outright orders received for the new product.
23. The system method of claim 17 wherein the second logic is further executable by the processor to correlate the first and second available order books based on a transitive relationship between the one or more orders to buy or sell in the first available order book and the one or more orders to buy or sell in the second available order book.
24. The system method of claim 17 wherein the third logic is further executable by the processor to generate each of the one or more orders to buy or sell the new product in the new order book based on an interpolation between one of the one or more orders to buy or sell the first available product in the first available order book and one of the one or more orders to buy or sell the second available product in the second available order book.
The claims below are in addition to those above.
All refrences to claim(s) which appear below refer to the numbering after this setence.
1. A system comprising:
one or more memories storing information about a card;
one or more hardware processors in communication with the one or more memories and operable to:
receive a first communication including an indication of a desire of a user to perform a purchase transaction using the card;
perform a balance inquiry for the card;
perform an address inquiry for the card;
determine, at least in part from the balance inquiry and the address inquiry, if the card is a non-reloadable prepaid card;
send a second communication including an indication that the card is the non-reloadable prepaid card if the card is determined to be the non-reloadable prepaid card; and
wherein the card is determined to be the non-reloadable prepaid card, at least in part, if the balance inquiry returns an indication that there is a positive balance and if the address inquiry returns an indication that the non-reloadable prepaid card is not supported or that information regarding the non-reloadable prepaid card is not available.
2. The system of claim 1, wherein a billing address of the card is not used for the purchase transaction.
3. The system of claim 1, wherein the address inquiry is an Address Verification System (AVS) inquiry.
4. The system of claim 1, wherein the indication that the non-reloadable prepaid card is not supported or that information regarding the non-reloadable prepaid card is not available is provided by the Address Verification System (AVS) inquiry returning a code of U or a code of S.
5. The system of claim 1, wherein the one or more hardware processors are further operable to determine if the positive balance is sufficient to cover the purchase transaction and only determining that the purchase transaction is to be authorized if the positive balance is sufficient to cover the purchase transaction.
6. The system of claim 1, wherein the first communication is received from an online merchant.
7. The system of claim 6, wherein the second communication is sent to the online merchant.
8. A method comprising:
storing, in one or more memories, information about a card;
receiving, via one or more hardware processors in communication with the one or more memories, a first communication including an indication of a desire of a user to perform a purchase transaction using the card;
performing, via the one or more hardware processors, a balance inquiry for the card;
performing, via the one or more hardware processors, an address inquiry for the card;
determining, via the one or more hardware processors, at least in part from the balance inquiry and the address inquiry, if the card is a non-reloadable prepaid card;
sending, via the one or more hardware processors, a second communication including an indication that the card is the non-reloadable prepaid card if the card is determined to be the non-reloadable prepaid card; and
wherein the card is determined to be the non-reloadable prepaid card, at least in part, if the balance inquiry returns an indication that there is a positive balance and if the address inquiry returns an indication that the non-reloadable prepaid card is not supported or that information regarding the non-reloadable prepaid card is not available.
9. The method of claim 8, wherein a billing address of the card is not used for the purchase transaction.
10. The method of claim 8, wherein the address inquiry is an Address Verification System (AVS) inquiry.
11. The method of claim 8, wherein the indication that the non-reloadable prepaid card is not supported or that information regarding the non-reloadable prepaid card is not available is provided by the Address Verification System (AVS) inquiry returning a code of U or a code of S.
12. The method of claim 8, further comprising determining, via the one or more hardware processors, if the positive balance is sufficient to cover the purchase transaction and only determining that the purchase transaction is to be authorized if the positive balance is sufficient to cover the purchase transaction.
13. The method of claim 8, wherein the first communication is received from an online merchant.
14. The method of claim 13, wherein the second communication is sent to the online merchant.
15. A computer program product comprising a non-transitory computer readable medium having computer readable and executable code for instructing one or more processors to perform a method, the method comprising:
storing information about a card;
receiving a first communication including an indication of a desire of a user to perform a purchase transaction using the card;
performing a balance inquiry for the card;
performing an address inquiry for the card;
determining at least in part from the balance inquiry and the address inquiry, if the card is a non-reloadable prepaid card;
sending a second communication including an indication that the card is the non-reloadable prepaid card if the card is determined to be the non-reloadable prepaid card; and
wherein the card is determined to be the non-reloadable prepaid card, at least in part, if the balance inquiry returns an indication that there is a positive balance and if the address inquiry returns an indication that the non-reloadable prepaid card is not supported or that information regarding the non-reloadable prepaid card is not available.
16. The computer program product of claim 15, wherein a billing address of the card is not used for the purchase transaction.
17. The computer program product of claim 15, wherein the address inquiry is an Address Verification System (AVS) inquiry.
18. The computer program product of claim 15, wherein the indication that the non-reloadable prepaid card is not supported or that information regarding the non-reloadable prepaid card is not available is provided by the Address Verification System (AVS) inquiry returning a code of U or a code of S.
19. The computer program product of claim 15, further comprising determining if the positive balance is sufficient to cover the purchase transaction and only determining that the purchase transaction is to be authorized if the positive balance is sufficient to cover the purchase transaction.
20. The computer program product of claim 15, wherein the first communication is received from an online merchant and the second communication is sent to the online merchant.