JP2003296574A - Credit trading processing system, credit trading processing method, credit trading processing program and information storage medium - Google Patents

Abstract

<P>PROBLEM TO BE SOLVED: To provide a credit trading processing system whereby a right exercising person can promptly receive a sale price of a new stock advance order right without influenced by price variation in a period of time before trading is concluded and thereby the right exercising person can benefit by easily selling the new stock advance order right. <P>SOLUTION: This credit trading processing system is provided with a terminal device HD used by the right exercising person of the new stock advance order right, and a server device SV connected to the terminal device HD and executing trading of the new stock advance order right. The terminal device HD transmits trading application information of the new stock advance order right to the server device SV, receives price payment information in correspondence with the trading application information from the server device SV, and notifies the owner of the received price payment information. The server device SV calculates a current price of the new stock advance order right based on the trading application information, executes payment processing for paying the sale price in accordance with the current price to the right exercising person, and transmits the price payment information to the terminal device HD. <P>COPYRIGHT: (C)2004,JPO

Description

Detailed Description of the Invention

[0001]

BACKGROUND OF THE INVENTION 1. Field of the Invention The present invention relates to a technical field of a bond sales processing system, a bond sales processing method, a bond sales processing program, and an information recording medium, and more specifically, stock acquisition rights, stock acquisition rights securities, etc. A debt trading system, a debt trading processing method, which performs processing for trading of unlisted debt of
It belongs to the technical field of a bond transaction processing program for the processing and an information recording medium recording the bond transaction processing program.

[0002]

2. Description of the Related Art Conventional so-called incentive warrants and stock acquisition rights, etc., which are scheduled to be handled in the future, are generally unlisted bonds, and therefore there is no market for buying and selling them. It was never sold or sold alone.

Therefore, when the right holder intends to exercise the rights corresponding to them, first, the price for exercising the rights is paid to the affiliated corporation, etc. to receive the issuance of new shares, and the right is dealt with. It was supposed that the rights holder would obtain a corresponding profit by selling the shares after the issuance of the share certificates.

[0004]

[Problems to be Solved by the Invention] In order to execute the above-described series of processing for exercising the right, it is necessary to submit a document for using the right bank such as a payment form for exercising the right or a stock issuance request. However, there was a problem that a fairly complicated administrative procedure was required.

Also, depending on the issuance conditions such as the above incentive warrants, the number of shares to be issued by exercising the right does not reach the preset number of unit shares, and as a result so-called registered shares are generated with the exercising of the right. , In order to fully exercise the right, there is a problem that it may be necessary to make a new purchase request for the registered stock itself.

Further, if the right is exercised through the series of processes described above, it takes about 10 business days, for example, from the occurrence of the right exercise to the issuance of the corresponding stock certificate. As a result, the stock may be sold immediately after the right exercise. In that case, the right exercising person will be affected by the fluctuation of the stock price that occurs between the exercise of the right and the sale of the stock, and if this is the case, the expected profit may not be obtained. There were also points.

Further, if the right is exercised through the series of processes described above, the right exercising person needs to pay the price for exercising the right at the time of exercising the right, and therefore, the right exercising is required prior to the exercising of the right. There is also a problem that it is necessary to prepare a price for exercising the right, which may hinder the prompt exercise of the right.

Therefore, the present invention has been made in view of the above-mentioned problems, and the problem is to be swift and unaffected by price fluctuations during the period from the request for the sale of a non-listed bond to the establishment of the sale. In addition to the sale of unlisted claims to the right exerciser, the right exerciser can more easily obtain the profits from selling the unlisted claims. An object is to provide a debt transaction processing program for the processing and an information recording medium recording the debt transaction processing program.

[0009]

In order to solve the above problems, the invention according to claim 1 is such that a terminal device used by an owner of an unlisted bond is connected to the terminal device via a network. And a server device that executes processing associated with the sale and purchase of the unlisted bond, and the terminal device sends transaction application information to the server device to the effect that the unlisted bond is sold. Terminal transmitting means such as a terminal for transmitting, terminal receiving means such as a terminal for receiving price payment information corresponding to the trading application information from the server device, a terminal for notifying the owner of the received price payment information, etc. And a server receiving unit such as an input / output interface for receiving the transmitted trade application information, and the received trade application information. And a calculation means such as a CPU for calculating the purchase price of the unlisted claim based on the above, and a CPU for executing a payment process necessary for paying the owner a sale price corresponding to the calculated purchase price. Processing means of
A server transmitting unit such as an input / output interface for transmitting the price payment information indicating the sale price to the terminal device.

Therefore, even if the bond is an unlisted bond, it is processed so as to calculate the market price of the purchase and pay the selling price corresponding thereto to the original owner. It is possible to promptly receive the sale price of an unlisted claim without being affected by price fluctuations during the period from the closing of the transaction to the conclusion of the sale.

Further, since the unlisted bond can be traded without the actual cash flowing, the original owner can more easily obtain the profit by selling the unlisted bond.

In order to solve the above-mentioned problems, the invention according to claim 2 is the bond transaction processing system according to claim 1, wherein the server device has a number corresponding to the number of the unlisted bonds to be purchased. A stock borrowing number calculation means such as a CPU for calculating the number of stocks to be borrowed from the outside, and a stock borrowing processing execution means such as a CPU for outputting the stock borrowing information indicating that the calculated number of stocks is borrowed to the outside. And an ordering means such as a CPU for ordering the sale of the borrowed stock in the market, and a stock for the CPU or the like that performs processing necessary to request the issuance of new stock in a number corresponding to the number of unlisted bonds to be purchased. An issuance requesting means, a return means such as a CPU for executing a return process necessary for returning the issued new stock to the outside,
Is further provided.

[0013] Therefore, by borrowing a number of shares corresponding to the number of purchases of unlisted claims and selling them, a profit is obtained, and at the same time, a number of new shares corresponding to the number of purchases of unlisted claims are issued. Since this is used for returning, unlisted bonds can be effectively bought and sold.

In order to solve the above-mentioned problems, the invention according to claim 3 is the bond transaction processing system according to claim 1 or 2, wherein the calculating means is the stock of the corporation to which the owner belongs. Type information indicating the type of securities market in which is listed, recruitment information indicating whether the stock is adopted as a loan stock, and volume information indicating the market volume of the stock on the calculation date of the market price for purchase. , Priced rate information indicating the price rate of the stock on the calculation date, volatility information indicating the price fluctuation rate of the stock on the calculation date, and market capitalization information indicating the market capitalization of the stock on the calculation date And the issue amount information indicating the issue amount of the unlisted bond, and the purchase price is calculated.

Therefore, the purchase market price is calculated based on the type information, the employment information, the volume information, the priced rate information, the volatility information, the market capitalization information, and the issued quantity information. It is possible to carry out the purchase while suppressing the risk that occurs when the bond is purchased.

In order to solve the above-mentioned problems, an invention according to claim 4 is the server device included in the bond transaction processing system according to any one of claims 1 to 3, wherein the server It comprises a receiving means, the calculating means, the processing means, and the server transmitting means.

Therefore, even if the bond is an unlisted bond, it is processed so as to calculate the market price of purchase and pay the corresponding sales price to the original owner. It is possible to promptly receive the sale price of an unlisted claim without being affected by price fluctuations during the period from the closing of the transaction to the conclusion of the sale.

Further, since the unlisted bond can be traded without the actual cash flowing, the original owner can more easily obtain the profit by selling the unlisted bond.

In order to solve the above-mentioned problems, the invention according to claim 5 is the terminal device included in the bond transaction processing system according to any one of claims 1 to 3, wherein the terminal is It comprises a transmitting means, the terminal receiving means, and the notifying means.

Therefore, the owner of the terminal device can quickly receive the sale price of the unlisted claim without being affected by the price fluctuation during the period from the request for the sale of the unlisted claim to the establishment of the sale. .

In order to solve the above-mentioned problems, the invention according to claim 6 is such that the terminal device used by the owner of the unlisted bond is connected to the terminal device via a network, and the unlisted bond is also listed. In a bond transaction processing method executed by a bond transaction processing system including a server device that executes a process associated with the purchase and sale of a bond, trade application information that is executed in the terminal device and applies to sell the unlisted bond. A terminal transmitting step of transmitting to the server apparatus, a terminal receiving step executed in the terminal apparatus and receiving price payment information corresponding to the trade application information from the server apparatus, and a terminal receiving step executed in the terminal apparatus and received by the terminal apparatus. A notification step of notifying the owner of the payment information, and receiving the transmitted trade application information executed by the server device. A server receiving step, a calculation step executed in the server device to calculate the purchase market price of the unlisted bond based on the received trade application information, and executed in the server device, corresponding to the calculated purchase market price A processing step of executing a payment process necessary for paying the owner the amount of sale price to be paid, and a server transmission step of transmitting the price payment information indicating the sale price to the terminal device, which is executed in the server device. And

Therefore, even if the bond is an unlisted bond, it is processed so as to calculate the purchase price and pay the corresponding sales price to the original owner. It is possible to promptly receive the sale price of an unlisted claim without being affected by price fluctuations during the period from the closing of the transaction to the conclusion of the sale.

Further, since the unlisted bond can be traded without the actual cash flowing, the original owner can more easily obtain the profit by selling the unlisted bond.

In order to solve the above-mentioned problems, the invention according to claim 7 corresponds to the number of the unlisted bonds to be bought, which is executed in the server device in the bond trading processing method according to claim 6. Number of shares, which is the number of shares to be borrowed from the outside, and a borrowed share information output to the outside, which is executed in the server device and outputs borrowed share information to the effect that the calculated number of shares is borrowed A process execution step, an ordering step executed in the server apparatus to place an order to sell the borrowed stock in the market, and an issue of a number of new stocks executed in the server apparatus and corresponding to the number of unlisted bonds to be purchased. And a return process necessary for returning the issued new shares to the outside, which is executed in the server device and which performs a process necessary for requesting Further comprising a return step of executing, a.

[0025] Therefore, by borrowing a number of stocks corresponding to the number of unlisted claims purchased and selling them, a profit is obtained, and at the same time, a number of new stocks corresponding to the number of unlisted claims purchased are issued. Since this is used for returning, unlisted bonds can be effectively bought and sold.

In order to solve the above-mentioned problems, the invention according to claim 8 is the method for processing a debt transaction according to claim 6 or 7, wherein in the calculation step, the corporation to which the owner belongs Type information indicating the type of stock market in which the stock is listed, recruitment information indicating whether the stock is adopted as a loan issue, and volume information indicating the market volume of the stock on the calculation date of the purchase market price. And priced rate information indicating the price rate of the stock on the calculation date, volatility information indicating the price fluctuation rate of the stock on the calculation date, and market capitalization indicating the market capitalization of the stock on the calculation date. The market price for purchase is calculated based on the information and the issue quantity information indicating the issue quantity of the unlisted bond.

Therefore, the purchase market price is calculated based on the type information, the employment information, the volume information, the priced rate information, the volatility information, the market capitalization information, and the issued quantity information. It is possible to carry out the purchase while suppressing the risk that occurs when the bond is purchased.

In order to solve the above-mentioned problems, the invention according to claim 9 is a terminal device used by an owner of an unlisted bond, and purchase and sale application information for applying to sell the unlisted bond is provided. Terminal transmitting means for transmitting to the server device, terminal receiving means for receiving price payment information corresponding to the trading application information from the server device, and notifying means for notifying the owner of the received price payment information. A server computer included in the server device in the bond transaction processing system, comprising: a terminal device provided; and the server device, which is connected to the terminal device via a network, and executes processing associated with the trading of the unlisted bond. A server receiving means for receiving the transmitted trade application information, and calculating a purchase market price of the unlisted bond based on the received trade application information. Calculating means, processing means for executing a payment process necessary for paying the owner a sale price of an amount corresponding to the calculated purchase market price, and the price payment information indicating the sale price, the terminal device To function as a server transmitting means for transmitting to the.

Therefore, the server computer functions so that even if it is an unlisted bond, the market price for purchase is calculated and the corresponding sale price is paid to the original owner. , It is possible to quickly receive the sale price of an unlisted claim without being affected by price fluctuations during the period from the request for the sale of the unlisted claim to the establishment of the sale.

Further, since the server computer functions so as to buy and sell the unlisted bond without the actual cash flowing, the original owner can more easily obtain the profit by selling the unlisted bond. Is.

In order to solve the above-mentioned problems, a tenth aspect is provided.
The invention according to claim 9 is the server program according to claim 9, wherein the server computer calculates the number of shares to be borrowed from the outside, which is the number of shares corresponding to the number of unlisted bonds to be purchased. Corresponding to the borrowing process execution means for outputting the borrowed stock information to the effect that the calculated number of shares is borrowed to the outside, the ordering means for ordering the sale of the borrowed stock to the market, the number of unlisted bonds to be purchased A stock issue requesting means for performing processing necessary for requesting the issuance of a number of new stocks, and a returning means for executing a return processing necessary for returning the issued new stocks to the outside. Make it work.

Therefore, by borrowing a number of shares corresponding to the number of unlisted claims purchased and selling them, a profit is obtained, and at the same time, a number of new shares corresponding to the number of unlisted claims purchased are issued. Since the server computer functions so as to be used for the return, the unlisted bond can be efficiently bought and sold.

In order to solve the above-mentioned problems, the invention according to claim 11
In the server program according to claim 9 or 10, the invention according to claim 9 indicates the type of stock market in which the stock of the corporation to which the owner belongs is listed on the server computer functioning as the calculating means. Type information, employment information indicating whether the stock is adopted as a loan issue, trading volume information indicating the market trading volume of the stock on the calculation date of the market price for purchase, and a priced rate of the stock on the calculation date. Indicating the price fluctuation rate information indicating the price fluctuation rate of the stock on the calculation date, the market capitalization information indicating the market capitalization of the stock on the calculation date, and the issue amount of the unlisted bond. It functions to calculate the market price for purchase based on the issue quantity information.

Therefore, the server computer is arranged to calculate the purchase market price based on the type information, the employment information, the volume information, the priced rate information, the volatility information, the market capitalization information, and the issued quantity information. Functioning, it is possible to carry out the purchase while suppressing the risk that occurs when purchasing unlisted claims.

In order to solve the above problems, a twelfth aspect of the present invention is provided.
The invention described in is a recording medium in which the server program described in any one of claims 9 to 11 is recorded so that it can be read by the server computer.

Therefore, when the server program according to claim 9 is recorded, by reading and executing the server program by the server computer,
Even if it is an unlisted claim, the server computer functions so that the purchase price is calculated and the corresponding sale price is paid to the original owner. It is possible to promptly receive the sale price of an unlisted claim without being affected by price fluctuations during the period from the request for sale to the establishment of sale.

Further, since the server computer functions so as to buy and sell the unlisted bond without the actual cash flowing, the original owner can more easily obtain the profit by selling the unlisted bond. It is possible.

Further, when the server program according to claim 10 is recorded, the server program is read and executed by the server computer,
Borrow a number of shares corresponding to the number of unlisted debt purchased and sell it to obtain a profit from the sale, and issue and issue a number of new shares corresponding to the number of unlisted debt purchased for return. Since the server computer functions so as to cover the above, the unlisted bond can be effectively bought and sold.

Furthermore, when the server program according to claim 11 is recorded, the server program is read and executed by the server computer, whereby the type information, the employment information, the output information, and the value. Since the server computer functions to calculate the purchase market price based on the accrual rate information, the volatility information, the market capitalization information, and the issuance quantity information, the risk that occurs during the purchase of unlisted claims is reduced. The purchase can be executed while restraining it.

In order to solve the above-mentioned problems, the invention according to claim 13
The invention described in (1) is a terminal device used by an owner of an unlisted bond, and a server device that is connected to the terminal device via a network and executes processing associated with the buying and selling of the unlisted bond, A server receiving means for receiving trading application information transmitted from the terminal device for applying to sell the unlisted claim; a calculating means for calculating a purchase market price of the unlisted claim based on the received trading application information; Processing means for executing a payment process necessary for paying the owner a sale price corresponding to the calculated purchase price, and a server transmission for transmitting the price payment information indicating the sale price to the terminal device. A terminal device included in the terminal device in a bond transaction processing system including a means for transmitting the transaction application information to the server device. Terminal transmission means, the terminal receiving means for receiving payment information from the server device corresponding to the trading item, and, notification means for notifying the payment information to the received to the owner, to function as a.

Therefore, the owner of the terminal device can quickly receive the sale price of the unlisted claim without being affected by the price fluctuation during the period from the request for the sale of the unlisted claim to the establishment of the sale. it can.

In order to solve the above-mentioned problems, a fourteenth aspect is set forth.
The invention described in (3) is a recording medium in which the terminal program according to claim 13 is recorded so that it can be read by the terminal computer.

Therefore, by reading and executing the terminal program by the terminal computer, the owner of the terminal device is affected by the price fluctuation during the period from the request for the sale of the unlisted bond until the sale is completed. It is possible to receive the proceeds from the sale of unlisted claims quickly and quickly.

[0044]

BEST MODE FOR CARRYING OUT THE INVENTION Next, preferred embodiments of the present invention will be described with reference to the drawings.

The embodiment described below is a securities company server that is installed in a securities company and is the core of the bond trading process according to the embodiment, and terminals that are respectively connected to the securities company server. 2 is an embodiment in the case where the present invention is applied to a debt transaction processing system including a terminal installed in a right issuing company or the like necessary for executing the debt transaction processing according to the above.

Now, a bond to be traded in the bond trading system of the embodiment will be described.

The following embodiment is an embodiment relating to a bond trading system in which a market does not exist because it is unlisted and an unlisted claim that was originally not a target for trading is targeted for trading. is there. In addition to the so-called incentive warrants that have been common until now, the unlisted claims specifically include stock acquisition rights (conventional stock options and warrants that include incentive warrants) that will be introduced in the future. , Convertible bonds, and stock acquisition rights securities corresponding to the stock acquisition rights.

Next, the bond transaction processing system S of the embodiment
The configuration will be specifically described with reference to FIG.

FIG. 1 is a block diagram showing a schematic configuration of the trading system S.

As shown in FIG. 1, the trading system S of the embodiment includes a securities company server SV, a right holder terminal HD as a terminal transmitting means, a terminal receiving means and a notifying means, an issuing company terminal CM, and a lending company. The stock provider terminal DV and the stock market server MK.

Further, the securities company server SV is a calculation means,
A CPU 1 as a processing unit, a borrowed stock number calculation unit, a borrowed stock processing execution unit, an ordering unit, a stock issue unit and a return unit, a database 2 including a magnetic disk device and the like, and an operation unit 3 including a keyboard or a mouse device and the like, The display unit 4 includes a liquid crystal display and the like, and an input / output interface 5 as a server receiving unit and a server transmitting unit.

Next, the operation will be described.

First, the right holder terminal HD is used by the right holder who originally owns the unlisted bond traded in the embodiment (specifically, is constituted by a personal computer system or the like). Yes, and is connected to the securities company server SV via a network such as the Internet, and the information signal S provides information necessary for the bond transaction processing described later.
Exchanged with the securities company server SV as hd.

Next, the issuing company terminal CM is used by, for example, a corporation to which the above-mentioned right holder belongs (specifically, it is constituted by a personal computer system or the like), and is connected to the securities company server SV. Is connected via the above network, and exchanges information necessary for the debt transaction processing, which will be described later, with the securities company server SV as an information signal Scm.

The above-mentioned right holder terminal HD and the issuing company terminal CM are connected to each other via a private line or the like, which is separate from the above network, and the information necessary for the bond transaction processing described later is mutually exchanged as an information signal Sef. To give and receive.

Further, the stock lending provider terminal DV is used by a stock lending provider who lends stock to a securities company in the bond trading process described later (specifically, it is composed of a personal computer system or the like. Is connected to the securities company server SV through the above network, and the information signal Sdv provides information necessary for the bond transaction processing described later.
Is exchanged with the securities company server SV.

Finally, the securities market server MK is installed in, for example, the Tokyo Stock Exchange, and is connected to the securities company server SV via the above network.
Information necessary for the bond transaction processing, which will be described later, is exchanged with the securities company server SV as an information signal Smk.

Next, the database 2 in the securities company server SV stores various data necessary for the bond trading process described later, more specifically, data such as daily stock price, market volume, market capitalization or pricing rate. The data signal S is stored and stored while being constantly updated, and these data are exchanged with the CPU 1.
Send and receive as db.

The operation unit 3 in the securities company server SV
Is used to input instruction information and the like required in the processing of the CPU 1 described later, and generates an instruction signal Sop corresponding to the input instruction information and the like and outputs it to the CPU 1.

Then, the CPU 1 mainly performs the bond trading process, which will be described later, using the various data input as the data signal Sdb based on the content of the input instruction signal Sop. At this time, the information to be exchanged with each of the right holder terminal HD, the issuing company terminal CM, the stock lending provider terminal DV, and the securities market server MK in the bond trading process is with the input / output interface 5. It is transmitted and received as an information signal Sif.

Information to be presented to the operator of the securities company server SV when executing the processing of the CPU 1 is:
The display signal Sdp is output from the CPU 1 to the display unit 4,
It is displayed on the display unit 4.

On the other hand, the input / output interface 5 inputs and receives information to be exchanged between the securities company server SV and each of the above-mentioned right holder terminal HD, issuing company terminal CM, stock lending provider terminal DV and securities market server MK. Perform output interface processing.

More specifically, the input / output interface 5 is preset when the information to be output from the CPU 1 to the right holder terminal HD is output from the CPU 1 as an information signal Sif. The output interface processing is performed to generate the information signal Shd having the corresponding content, and the information signal Shd is output to the right holder terminal HD via the network. In addition, the issuing company terminal CM from the CPU1
Information to be output to the CP as the information signal Sif
When output from U1, the output interface processing is performed on the output signal to generate an information signal Scm having the corresponding contents, and the information signal Scm is output to the issuing company terminal CM via the network. Further, from the CPU 1 to the stock lending provider terminal D
The information to be output to V is the C as the information signal Sif.
When it is output from PU1, the output interface processing is performed on it, and an information signal Sdv having the corresponding contents is generated and output to the stock lending provider terminal DV via the network. Furthermore, when the information to be output from the CPU 1 to the securities market server MK is output from the CPU 1 as the information signal Sif, the output interface processing is performed on the information signal Sif to generate the information signal Smk having the corresponding contents. And outputs it to the securities market server MK via the network.

On the other hand, when the information to be output from the right holder terminal HD to the CPU 1 is output as the information signal Shd from the right holder terminal HD via the network, the input / output interface 5 responds to this in advance. The set input interface process is performed, and the information signal Sif having the corresponding contents is generated and output to the CPU 1. Also, when the information to be output from the issuing company terminal CM to the CPU 1 is output from the issuing company terminal CM via the network as the information signal Scm, the input interface processing is applied to this and the corresponding content Is generated and output to the CPU 1. Further, when the information to be output from the stock lending provider terminal DV to the CPU 1 is output as the information signal Sdv from the issuing company terminal CM via the network, the input interface processing is applied to the information signal Sdv to handle it. An information signal Sif having the contents to be generated is generated and output to the CPU 1.
Furthermore, when the information to be output from the securities market server MK to the CPU 1 is output as the information signal Smk from the securities market server MK via the network,
On the other hand, the above-mentioned input interface processing is performed to generate the information signal Sif having the corresponding contents and output it to the CPU 1.

Next, the bond trading process according to the embodiment executed in the bond trading system S having the above configuration will be described with reference to FIGS.

Note that FIG. 2 is a flow chart specifically showing the bond trading process, and FIGS. 3 and 4 are diagrams showing examples of screens displayed in the bond trading process, respectively.

Further, in the following description, a case will be described in which the stock acquisition right, which is scheduled to be introduced next time, is used as the unlisted bond traded in the bond trade process.

As shown in FIG. 2, in the bond purchase and sale processing of the embodiment, first, the purchase and sale of the stock acquisition right between the issuing company and the securities company (referred to as "stock acquisition right purchase service" in FIG. 2). The basic contract to the effect that) is executed.

At this time, when various information necessary for the basic contract is input to the issuing company terminal CM according to the basic contract, the input information is output to the securities company server SV as an information signal Scm. (Step S1). As various information necessary for the basic contract, specifically, for example, the name and issue of the stock acquisition right to be traded, the provision period, the suspension period during the provision period, the purchase price determination method, and the purchase quantity limit. Information such as the type of securities market in which the shares of the issuing company are listed, whether or not the shares are adopted as a loan issue, and the issued amount of stock acquisition rights are entered. Therefore, as shown in FIG. 3, for example, on the display unit (not shown) on the issuing company terminal CM, the issue input field 10 for entering the above issue, and the issue number input for entering the above issue number. Column 11, provision period input column 12 for inputting the provision period, suspension period input column 13 for inputting the suspension period, purchase price determination method input column 14 for inputting the purchase price determination method, and the above Input screen D including a limit input field 15 for inputting a purchase quantity limit
Is displayed, the information necessary for the basic contract is input using this input screen D, and the send button 1 in the input screen D is displayed.
When 6 is selected and operated, the respective input information is output to the securities company server SV and stored in the database 2.
Remembered.

On the other hand, in the securities company server SV that has received the various information, the information necessary for the basic contract as a securities company is set by the operation unit 3 based on the received various information. Information to be transmitted to the issuing company terminal CM in accordance with the basic contract and to be recognized by the issuing company terminal CM is transmitted to the issuing company terminal CM as an information signal Scm (step S2).

After the completion of the necessary basic contract, the issuer introduces the securities company to the securities company who can temporarily lend stock to the securities company.

At this time, along with the introduction process, information for identifying the stock lending provider, that is, information including the name or contact information of the stock lending provider is provided from the issuing company terminal CM to the securities company server. The information signal Scm is transmitted to the SV (step S3) and is stored / stored in the database 2.

Next, the securities company that received these information
Conclude a stock lease agreement with the introduced stock lending provider.

At this time, in accordance with the stock leasing contract, the information necessary for the stock leasing contract between the securities company server SV and the stock lending company terminal DV, that is, specifically, the stock supply quantity and the stock leasing Fee, stock rent period, stock holding account,
Necessary information including the stockholding method at the end of the fiscal year is exchanged (steps S4 and S5). At this time, when the necessary information is input to the securities company server SV, the stock for inputting the stock offering amount is displayed on a display unit (not shown) on the issuing company terminal CM, for example, as shown in FIG. Provided quantity input field 20, stock rent input field 21 for inputting the stock rent, rent period input field 22 for inputting the stock rent period, holding account input field for inputting the stock holding account 23 and an input screen DD including a holding method input field 24 for inputting the stock holding method at the end of the fiscal year is displayed, and the information necessary for the stock leasing contract is input using this input screen DD When the send button 25 in DD is selected and operated, the input information is output to the stock lending provider terminal DV.

On the other hand, in the stock lending provider terminal DV that has received the necessary information, the information necessary for the above-mentioned stock lease contract as the stock lending provider is set based on the received information. The information to be transmitted to the securities company server SV to be recognized by the securities company in accordance with the stock lease contract is transmitted to the stock lending provider terminal DV as an information signal Sdv (step S5).

When the lease contract of the stock at the securities company is completed, the right holder next applies to the securities company to open a protection deposit account for the stock acquisition rights owned by the securities company. It

At this time, along with the application processing, the right holder terminal HD transmits information to the securities company server SV as an information signal Shd to the effect that an application for opening the protection deposit account is made (step S6). Then, the securities company which received this performs the processing necessary for opening the protection deposit account, and stores the information necessary for the opening in the database 2 (step S7).

When the opening of the protection deposit account is completed, next,
The right holder who wishes to sell the stock acquisition rights he or she owns first notifies the issuer that the stock acquisition rights will be exercised (substantially sold).

At this time, along with the notification processing, the right holder terminal HD outputs information indicating the exercise of the stock acquisition right to the issuing company terminal CM as an information signal Sef (step S
8).

Then, the issuing company which has received the request approves the exercise of the right, and information to that effect is transmitted from the issuing company terminal CM to the securities company server SV (step S9).

Then, the securities company having received the information receives the information to approve the exercise of the right, and executes the right exercising process such as storing the content in the securities company server SV (step S10). .

On the other hand, in parallel with this, the right holder notifies the securities company that he wishes to sell the stock acquisition rights.

At this time, along with the notification process, the right holder terminal HD outputs information indicating the desire to sell the stock acquisition rights to the securities company server SV as an information signal Shd (step S8).

Then, the securities company which received the information receives the information indicating the desire to sell the stock acquisition rights, and
Based on the right exercise approval information from the issuing company terminal CM, the stock acquisition rights are purchased (step S11).

Here, specifically, as the purchase processing,
The stock price on the sale application date is acquired from the database 2, and the purchase price (market price) of the stock acquisition right is calculated using this. At this time, the purchase price is calculated by the following formula.

[0086]

[Equation 1] Purchase price = (stock price with contribution-exercise price) x number of shares exercising (sale) right-exercise price-equivalent to risk fee (1) Note that the equivalent amount to the risk fee in the above formula (1) is The type of securities market in which the shares of the issuing company are listed (obtained from Database 2 based on the information accompanying the above basic contract)
And whether or not the above stock is adopted as a loan issue (obtained from database 2 based on the information accompanying the above basic contract), market volume (obtained from database 2) at the calculation date of the purchase price, and A priced rate (obtained from database 2) on the calculation date, and a price fluctuation rate (obtained from database 2) on the calculation date,
It is calculated based on the market capitalization (obtained from the database 2) on the calculation date and the issued amount of stock acquisition rights (obtained from the database 2 based on the information accompanying the basic contract).

Then, when the purchase price is calculated, a contract based on the purchase price is set, and a process of paying the corresponding purchase price to the right holder, specifically, a process of specifying a payment account and an actual payment Processing and the like are executed (step S12).

At this time, along with the payment processing, the securities company server SV outputs payment information including the payment account number, the payment amount and the payment date to the right holder terminal HD as an information signal Shd. By receiving at the right holder terminal HD (step S
13) The right holder recognizes that the selling process (purchase price) has been paid after the sale processing of the stock acquisition rights that he / she owns has been completed.

The purchase process and the sale price payment process described above are basically completed within one business day of the securities company.

When the processing for payment of the sale (purchase) price is completed, next, the securities company borrows the number of shares corresponding to the purchased stock acquisition right from the stock lending provider who has entered into the stock leasing contract described above. Stock debt processing is executed.

At this time, the CPU 1
First, the number of stock acquisition rights purchased above is aggregated by issue, and the number of shares that can be issued for issuance to the issuing company is calculated based on the aggregated number, and the maximum unit within the calculated number of shares is calculated. The number of shares is calculated, and the number of borrowed shares is calculated based on this.

Then, the calculated number of borrowed stocks is output as an information signal Sdv from the securities company server SV to the stock lending provider terminal DV, and based on this, approval information that the stock lending provider terminal DV has approved the lending stocks, Stock lending date information indicating the stock lending date, stock lending number information indicating the number of stock lending, and the like are output to the securities company server SV as an information signal Sdv (step S14). As a result, the securities company server SV that received the information signal Sdv
In step S15, a stock borrowing process for accumulating and storing the received approval information and stock lending date information in the database 2 is executed (step S15).

Next, in the securities company, the stock sale processing is executed in which the borrowed stock is sold and the sale price of the stock corresponding to the sale (buy) price is obtained.

At this time, in accordance with the stock sale processing, the securities company server SV needs to sell the borrowed stock in the stock market based on the contribution of the date of purchase of the stock acquisition rights in order to sell the stock in the stock market. Do the processing
The information signal Smk including the corresponding sale information is output to the securities market server MK (step S16).

Then, in the securities market server MK which has received the information signal Smk, the received information signal Smk is received.
The necessary sale processing is performed based on the sale information included in (step S17), and the sale price is notified to the securities company server SV.

As a result, in the securities company server SV which has received the notification, the stock sale price receipt, which stores and stores in the database 2, the number of shares corresponding to the shares sold in the securities market, the sale date and time, the sale price, etc. Processing is performed (step S18).

When the sale of the borrowed stock is completed, next, a payment process is executed in which the sale price is paid to the stock lending provider as a stock rent.

At this time, along with the payment processing, the securities company server SV informs the stock lending provider terminal DV as the information signal Sdv of the information indicating the amount to be paid as the stock rent, the payment date, and the payment account. It is output (step S19). And the stock lending provider terminal DV which received this
In step S20, the stock rent receiving process is executed based on the information transmitted as the information signal Sdv (step S20).

Finally, the securities company issues a new stock issuance request to the issuing company.

[0100] At this time, due to the processing for the issuance of new shares,
In the securities company server SV, the information for the issuance of new shares in a number corresponding to the number of shares available for issuance of new shares calculated in the process of step S15, specifically, the number of new shares issuance requests and the date and time of the issuance request, etc. Information is information signal Scm
Is output to the issuing company terminal CM (step S2)
1).

In this case, as the number of shares actually requested to issue new shares, the maximum number is calculated as the number of new share issuance requests based on the above-mentioned number of shares to be issued.

Further, the information indicating the payment of the amount obtained by multiplying the calculated number of demands for issuance of new shares by the exercise price of the stock acquisition rights is the issuing company terminal CM as the information signal Scm.
The payment of the exercise price of the stock acquisition rights will be recognized by the issuing company.

Then, the issuing company terminal CM that has received the information signal Scm performs the processing necessary for issuing a new stock based on the information included in the information signal Scm (step S22), and newly Issue shares.

At this time, along with the issuance processing, the issuing company terminal CM transmits information including the number of issues and the issue date and time to the securities company server SV as an information signal Scm (step S23).

Then, the securities company server SV which receives this
In step S, the necessary stock receipt processing is performed (step S
24) Further, return processing for returning the received stock to the stock lending provider is performed (step S24).

With this return processing, the securities company server SV
In step S15, the number of stocks corresponding to the number of borrowed stocks stored / stored in the database 2 is calculated as return stocks, and the calculated return stocks are returned (specifically, return information). Information including the number of shares and the return date) is transmitted to the stock lending provider terminal DV as an information signal Sdv (step S24).

Accordingly, the stock lending provider terminal DV indicates to the stock lending provider that the stock has been returned based on the information included in the received information signal Sdv (step S25). As a result, the stock lending provider recognizes that the loaned stock has been returned.

By the stock return processing described above, a series of processing of the bond trading processing of the embodiment is completed.

As described above, according to the bond transaction processing in the bond transaction processing system S of the embodiment, even if it is an unlisted stock acquisition right, the market price for purchase is calculated and the sales price corresponding to this is calculated. Since it is processed so as to be paid to the right holder, the right holder must promptly sell the stock acquisition rights without being affected by price fluctuations during the period from the request for the purchase of the stock acquisition rights to the completion of the sales. Can receive.

Further, since the stock acquisition rights can be bought and sold without the actual cash flowing, the original right holder can more easily obtain the profit by selling the stock acquisition rights.

Further, the securities company gains a sale by leasing the number of shares corresponding to the number of purchases of the stock acquisition rights and selling it, and at the same time, the number of new shares corresponding to the number of purchases of the stock acquisition rights is obtained. Since it is issued and used for return, stock acquisition rights can be efficiently bought and sold.

Furthermore, the type of securities market in which the stock of the issuing company is listed, whether or not the stock is adopted as a loan issue, and the market trading volume at the calculation date of the purchase price,
The risk fee equivalent amount in the purchase price of the stock acquisition rights is calculated based on the price rate on the calculation date, the price fluctuation rate on the calculation date, the market capitalization on the calculation date, and the issued amount of stock acquisition rights. Therefore, it is possible to carry out the purchase while suppressing the risk that occurs when purchasing the stock acquisition rights.

Although the above-described embodiment has described the processing necessary for trading stock acquisition rights, the present invention is also applicable to the case of trading unlisted claims such as stock acquisition rights securities. It can be widely applied to the processing of.

Further, the program corresponding to the flowchart shown in FIG. 2 is recorded in an information recording medium such as a flexible disk or a hard disk, or is distributed and stored using a network such as the Internet, and this is stored in a micro storage. The microcomputer can be made to function as the CPU 1 or each terminal according to the embodiment by reading and executing the program with a general-purpose computer such as a computer.

[0115]

As described above, according to the invention of claim 1, even if the bond is unlisted, the market price for purchase is calculated and the corresponding sale price is paid to the original owner. As a result, the owner can quickly receive the sale price of the unlisted claim without being affected by the price fluctuation during the period from the request for the sale of the unlisted claim to the establishment of the sale.

Further, since the unlisted bond can be traded without the actual cash flowing, the original owner can more easily obtain the profit by selling the unlisted bond.

According to the invention of claim 2, claim 1
In addition to the effects of the invention described in (1), a gain on sale is obtained by leasing a number of shares corresponding to the number of unlisted claims purchased and selling them, and at the same time a number of new shares corresponding to the number of unlisted claims purchased. Since the stock is issued and it is used for the return, it is possible to efficiently buy and sell unlisted bonds.

According to the invention of claim 3, claim 1
Or, in addition to the effect of the invention described in item 2, the purchase price based on the type information, the employment information, the volume information, the price rate information, the volatility information, the market capitalization information, and the issued quantity information. Is calculated, it is possible to carry out the purchase while suppressing the risk that may occur during the purchase of unlisted claims.

According to the invention of claim 4, even if the bond is not listed, it is processed so as to calculate the market price for purchase and pay the corresponding sales price to the original owner. As a result, it is possible to promptly receive the sale price of the unlisted claim without being affected by the price fluctuation during the period from the request for the sale of the unlisted claim to the establishment of the sale.

Further, since the unlisted bond can be traded without the actual cash flowing, the original owner can more easily obtain the profit by selling the unlisted bond.

According to the invention of claim 5, as the owner of the terminal device, the unlisted debt is promptly unlisted without being affected by the price fluctuation during the period from the request for the sale of the unlisted bond to the establishment of the sale. You can receive the sale price of the bond.

According to the invention of claim 6, even if the bond is an unlisted bond, it is processed so as to calculate the market price of purchase and pay the corresponding sales price to the original owner. As a result, it is possible to promptly receive the sale price of the unlisted claim without being affected by the price fluctuation during the period from the request for the sale of the unlisted claim to the establishment of the sale.

Further, since the unlisted bond can be traded without the actual cash flowing, the original owner can obtain the profit by selling the unlisted bond more reliably and easily.

According to the invention of claim 7, claim 6
In addition to the effects of the invention described in (1), a gain on sale is obtained by leasing a number of shares corresponding to the number of unlisted claims purchased and selling them, and at the same time a number of new shares corresponding to the number of unlisted claims purchased. Since the stock is issued and it is used for the return, it is possible to efficiently buy and sell unlisted bonds.

According to the invention of claim 8, claim 6
Alternatively, in addition to the effect of the invention described in 7, the purchase market price is based on the type information, the employment information, the volume information, the price rate information, the volatility rate information, the market capitalization information, and the issued quantity information. Is calculated, it is possible to carry out the purchase while suppressing the risk that may occur during the purchase of unlisted claims.

According to the invention described in claim 9, even if the bond is not listed, the server computer is processed so that the market price for purchase is calculated and the corresponding sale price is paid to the original owner. As a result, the owner can quickly receive the sale price of the unlisted claim without being affected by the price fluctuation during the period from the request for the sale of the unlisted claim to the establishment of the sale.

Further, since the server computer functions so as to trade the unlisted bond without the actual cash flowing, the original owner can more easily obtain the profit by selling the unlisted bond. Is.

According to the invention as set forth in claim 10, in addition to the effect of the invention as set forth in claim 9, the number of borrowed stocks corresponds to the number of unlisted debts purchased and sold by selling them. In addition to gaining profits, the server computer functions to issue a number of new shares corresponding to the number of unlisted bond purchases and use them for return, so it is possible to efficiently trade unlisted bonds. .

According to the invention of claim 11, in addition to the effect of the invention of claim 9 or 10, type information,
Since the server computer functions to calculate the purchase market price based on recruitment information, volume information, price rate information, volatility rate information, market capitalization information, and issue quantity information, unlisted debt The purchase can be executed while suppressing the risk that may occur during the purchase.

According to the twelfth aspect of the invention, when the server program of the ninth aspect is recorded, the server program is read out and executed by the server computer, whereby the unlisted bond is issued. Even if there is, the server computer functions so that the purchase price is calculated and the corresponding sale price is processed to pay to the original owner. It is possible to receive the proceeds from the sale of unlisted claims promptly and without being affected by price fluctuations during the time it takes to be established.

Further, since the server computer functions so as to buy and sell the unlisted bond without the actual cash flowing, the original owner can more easily obtain the profit by selling the unlisted bond. It is possible.

Further, when the server program according to the tenth aspect is recorded, by reading and executing the server program by the server computer,
Borrow a number of shares that correspond to the number of unlisted claims purchased and sell them to obtain a profit from the sale, and issue a number of new shares that corresponds to the number of unlisted claims purchased for return. Since the server computer functions so as to be covered, it is possible to efficiently buy and sell unlisted bonds.

Furthermore, when the server program according to claim 11 is recorded, the type information, the employment information, the volume information, and the value are read by reading and executing the server program by the server computer. Since the server computer functions to calculate the purchase market price based on the accrual rate information, the volatility information, the market capitalization information, and the issuance quantity information, the risk that occurs during the purchase of unlisted claims is reduced. The purchase can be executed while restraining it.

According to the thirteenth aspect of the present invention, as the owner of the terminal device, the non-listed bond can be promptly deactivated without being affected by the price fluctuation during the period from the demand for the sale of the unlisted bond to the establishment of the sale. You can receive the sale price of the listed bond.

According to the invention described in claim 14, by reading and executing the terminal program described in claim 13 by the terminal computer, the owner of the terminal device requests the trade of unlisted bonds. It is possible to promptly receive the sale price of an unlisted claim without being affected by price fluctuations during the period from the closing of the transaction to the conclusion of the sale.

[Brief description of drawings]

FIG. 1 is a block diagram showing a schematic configuration of a bond sales processing system according to an embodiment.

FIG. 2 is a flowchart showing a bond trading process of the embodiment.

FIG. 3 is a screen example (I) displayed in the bond trading process of the embodiment.

FIG. 4 is a screen example (II) displayed in the bond trading process of the embodiment.

[Explanation of symbols]

1 ... CPU 2 ... Database 3 ... Operation part 4 ... Display 5 ... I / O interface 10 ... Brand input field 11 ... Number input field 12… Provision period input field 13 ... Interruption period input field 14 ... Purchase price determination method input field 15 ... Restriction input field 16, 25 ... Send button 20 ... Input column for the number of shares provided 21 ... Stock rent entry field 22 ... Lease period input field 23 ... Holding account input field 24 ... Holding method input field S ... Trading system SV ... Securities company server HD ... right holder terminal CM ... Issuing company terminal DV ... Stock lending provider terminal MK ... Securities market server Shd, Scm, Sdv, Smk, Sif ... Information signal Sdb ... Data signal Sop ... instruction signal Sdp ... Display signal D, DD ... Input screen

Claims (14)

[Claims] 1. A claim comprising a terminal device used by an owner of an unlisted claim and a server device which is connected to the terminal device through a network and which executes a process associated with buying and selling of the unlisted claim. In the transaction processing system, the terminal device transmits a transaction application information for applying to sell the unlisted bond to the server device, and price payment information corresponding to the transaction application information from the server device. Terminal receiving means for receiving, and notification means for notifying the owner of the received payment information, the server device, the server receiving means for receiving the transmitted trade application information, the reception The calculation means for calculating the purchase market price of the unlisted claim based on the trade application information, and the sale price of the amount corresponding to the calculated purchase market price A bond transaction processing system, comprising: a processing unit that executes a payment process necessary for paying a person to the person; and a server transmission unit that transmits the price payment information indicating the sale price to the terminal device. 2. The debt transaction processing system according to claim 1, wherein the server device calculates the number of shares to be borrowed from the outside, which is the number of shares corresponding to the number of unlisted bonds to be purchased. Means, debt stock processing execution means for outputting the debt stock information to the effect of borrowing the calculated number of shares to the outside, ordering means for placing an order for selling the borrowed stock in the market, and the unlisted debt to be purchased. Stock issue request means for performing processing necessary to request the issuance of new shares in a number corresponding to the number of, and return means for executing the return processing necessary for returning the issued new shares to the outside. And a debt transaction processing system, further comprising: 3. The bond transaction processing system according to claim 1 or 2, wherein the calculating means includes type information indicating the type of securities market in which the stock of the corporation to which the owner belongs is listed, Employment information indicating whether or not the stock is adopted as a loan issue, trading volume information indicating the market trading volume of the stock on the calculation date of the purchase market price, and a pricing rate indicating the pricing rate of the stock on the calculation date. Information, volatility information indicating the price volatility of the stock on the calculation date, market capitalization information indicating the market capitalization of the stock on the calculation date, issuance quantity information indicating the issuance quantity of the unlisted claim, A bond transaction processing system, wherein the market price for purchase is calculated based on 4. The server device included in the bond transaction processing system according to claim 1, wherein the server receiving unit, the calculating unit, the processing unit, and the server. A server device comprising: a transmitting unit. 5. The terminal device included in the bond transaction processing system according to claim 1, further comprising: the terminal transmitting means, the terminal receiving means, and the notifying means. A terminal device, comprising: 6. A claim comprising a terminal device used by an owner of an unlisted claim and a server device connected to the terminal device via a network and executing a process associated with buying and selling of the unlisted claim. A bond transaction processing method executed by a transaction processing system, comprising: a terminal transmitting step, which is executed in the terminal device, and transmits transaction application information to the server device to the effect that an application for sale of the unlisted bond is made; A terminal receiving step of receiving price payment information corresponding to the transaction application information from the server device; a notification step of being executed in the terminal device and notifying the owner of the received price payment information; A server receiving step executed by a device and receiving the transmitted trade application information; and a server receiving step executed by the server device. A calculation step of calculating a purchase market price of the unlisted claim based on the received trade application information; and a sale price of an amount corresponding to the calculated purchase market price, which is executed in the server device, and paid to the owner. A transaction process for executing a payment process necessary for that purpose, and a server transmission process executed in the server device for transmitting the price payment information indicating the sale price to the terminal device. Processing method. 7. The debt transaction processing method according to claim 6, wherein the borrowing is executed by the server device and calculates the number of shares to be borrowed from the outside, which is the number of shares corresponding to the number of the unlisted bonds to be purchased. A stock number calculation step, a debt stock processing execution step that is executed in the server apparatus and outputs debt stock information to the effect that the calculated number of stocks is borrowed to the outside, and the borrowed stock executed in the server apparatus An ordering step of ordering the sale of the stock to the market, and a stock issuance requesting step that is executed in the server device and performs processing necessary for requesting the issuance of a number of new stocks corresponding to the number of the unlisted bonds to be purchased; And a return step of executing a return process required to return the issued new stock to the outside, the return step being executed in the server device. Method for processing debt transactions. 8. The debt transaction processing method according to claim 6 or 7, wherein in the calculating step, type information indicating the type of securities market in which the stock of the corporation to which the owner belongs is listed, Employment information indicating whether or not the stock is adopted as a loan issue, volume information indicating the market volume of the stock on the calculation date of the market price for purchase, and a price indicating the pricing rate of the stock on the calculation date. Rate information, volatility information indicating the price fluctuation rate of the stock on the calculation date, market capitalization information indicating the market capitalization of the stock on the calculation date, and issue quantity information indicating the issue quantity of the unlisted bond. The market value of the purchase is calculated on the basis of the following. 9. A terminal device used by an owner of an unlisted claim, which corresponds to the terminal application means for sending the transaction application information for applying to sell the unlisted claim to a server device. A terminal device including a terminal receiving unit that receives price payment information from the server device, and a notification unit that notifies the owner of the received price payment information, and the terminal device is connected via a network to the terminal device. And a server computer included in the server device in a bond transaction processing system including the server device that executes processing associated with the sale and purchase of the unlisted bond, and a server receiving unit that receives the transmitted trade application information. , A calculation means for calculating the purchase market price of the unlisted claim based on the received trading application information, and an amount corresponding to the calculated purchase market price Processing means for executing payment processing necessary for paying the owner's sale price to the owner, and server transmission means for transmitting the price payment information indicating the sale price to the terminal device. The server program to run. 10. The server program according to claim 9, wherein the server computer calculates the number of shares to be borrowed from the outside, which is the number of shares corresponding to the number of unlisted bonds to be purchased, Corresponding to the number of unlisted debts to be purchased, a borrowing process execution means for outputting the borrowing information indicating that the calculated number of shares to be borrowed to the outside, an ordering means for ordering the sale of the borrowed shares to the market Further functions as stock issue request means for performing processing necessary to request the issuance of a number of new shares, and return means for executing return processing necessary to return the issued new stock to the outside. A server program characterized by: 11. The server program according to claim 9 or 10, wherein the server computer functioning as the calculating means indicates the type of securities market in which the stock of the corporation to which the owner belongs is listed. Information, recruitment information indicating whether or not the stock is adopted as a loan / borrowing stock, volume information indicating the market volume of the stock on the calculation date of the market price for purchase, and a priced rate of the stock on the calculation date. Value-added rate information shown, volatility rate information showing the price change rate of the stock on the calculation date, market capitalization information showing the market capitalization of the stock on the calculation date, and issuance showing the number of unlisted bonds issued. A server program operating to calculate the market price for purchase based on quantity information and 12. An information recording medium, wherein the server program according to any one of claims 9 to 11 is recorded so that it can be read by the server computer. 13. A terminal device used by an owner of an unlisted bond, and a server device connected to the terminal device via a network and executing processing associated with buying and selling of the unlisted bond. A server receiving means for receiving trade application information for applying to sell the unlisted claim transmitted from the terminal device; a calculating means for calculating a purchase market price of the unlisted claim based on the received trade application information; Processing means for executing payment processing necessary for paying the owner a sale price corresponding to the calculated purchase price, and a server transmission means for transmitting the price payment information indicating the sale price to the terminal device. A terminal device included in the terminal device in a debt transaction processing system including a server device including: Terminal transmitting means, terminal receiving means for receiving price payment information corresponding to the trade application information from the server device, and notifying means for notifying the owner of the received price payment information. The terminal program to do. 14. An information recording medium, wherein the terminal program according to claim 13 is recorded so that it can be read by the terminal computer.