Patents Examined by Alexander Kalinowski
-
Patent number: 8195548Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.Type: GrantFiled: June 15, 2011Date of Patent: June 5, 2012Assignee: Trading Technologies International, Inc.Inventors: Thomas R. Zagara, Scott F. Singer
-
Patent number: 8190477Abstract: A system that facilitates computation of a time-dependent variability value is described herein. The system includes a receiver component that receives a plurality of items, wherein each item has a timestamp corresponding thereto. The system further includes a value generator component that outputs a time-dependent variability value for an item in the plurality of items, wherein the time-dependent variability value is indicative of a recent frequency of use of the item in comparison to a frequency of use of the item over a defined period of time.Type: GrantFiled: March 25, 2008Date of Patent: May 29, 2012Assignee: Microsoft CorporationInventors: Aaron C. Hoff, Paul R. Johns, Scott Joseph Counts
-
Patent number: 8190509Abstract: A system and method for generating and displaying annotations in relation to one or more prices corresponding to trader-related or market related events are described. In one embodiment, a trader may enter an annotation to be displayed in relation to one or more price levels. Alternatively, a trader may configure a dynamic annotation to be dynamically displayed in relation to some price level(s) upon detecting a predetermined event related to one or more tradeable objects. Also, a trader may configure one or more alarms to be displayed or played in combination with the annotations.Type: GrantFiled: June 21, 2011Date of Patent: May 29, 2012Assignee: Trading Technologies International, Inc.Inventors: Ryan J. Highland, Robert A. West, Peter F. Ziemkiewicz
-
Patent number: 8185456Abstract: Methods and systems are configured to structure a collateralized loan such that a borrower's future income is factored into the determination of payment amounts due to a lender. The methods and systems disclosed herein provide benefits to both lenders and borrowers and, regarding real estate purchases, may expand the pool of buyers that qualify for certain mortgage amounts.Type: GrantFiled: May 24, 2006Date of Patent: May 22, 2012Assignee: Crew Financial LLCInventors: Raymond A. LeClair, Henry Evan C. Schulman
-
Patent number: 8175951Abstract: The automated bid ask spread negotiations method is a computer process and system for negotiating transactions combining a bargain sale strategy with the normal negotiating process. The system effectively adds a bonus to the package of benefits, thereby closing the gap from a previous nominal price asked and bid, but payable to a charity of the seller's choice, over a long term and at a favorable rate of interest, at the same time, providing a tax deduction for the seller, as well as an interest deduction for the buyer of the asset or services.Type: GrantFiled: May 12, 2009Date of Patent: May 8, 2012Assignee: American Charter, LLCInventor: James B. Wootton
-
Patent number: 8175972Abstract: A loan transaction for a pre-paid card is approved for a borrower so that release of the loan proceeds is pending an activation of a pre-paid card. A pre-paid card transaction computer activates a pre-paid card responsive to an activation request on behalf of the borrower. The pre-paid card transaction computer indicates the activated pre-paid card is to be used with a loan transaction pending the activation of the pre-paid card. The pre-paid card transaction computer loads the pending loan proceeds to the pre-paid card so that the loan proceeds are released to the approved borrower and are immediately available to thereby convert the pre-paid card into a loan delivery apparatus.Type: GrantFiled: May 14, 2009Date of Patent: May 8, 2012Assignee: MetabankInventors: Scott H. Galit, Trent Sorbe
-
Patent number: 8175959Abstract: A method for executing a trade is provided that includes communicating financial information to a handheld device via a network, the financial information being associated with a trade that can be initiated by the handheld device. The handheld device is connected to the network via a Push to Trade™ protocol. The method also includes executing the trade on behalf of the end user.Type: GrantFiled: December 21, 2010Date of Patent: May 8, 2012Assignee: CFPH, LLCInventors: Darrin Michael Mylet, Lee M. Amaitis
-
Patent number: 8170941Abstract: A system and computer-implemented method for generating random vectors for estimating portfolio risk is provided. Historical financial variable data of financial assets is stored in a memory. Parameters of a copula are estimated. Random vectors are generated from the copula. Risk for the financial assets is calculated based on the random vectors.Type: GrantFiled: October 16, 2009Date of Patent: May 1, 2012Assignee: FinAnalytica, Inc.Inventors: Svetlozar Todorov Rachev, Stoyan Veselinov Stoyanov, Gennady Samorodnitsky, Georgi Kostov Mitoy
-
Patent number: 8165950Abstract: In an automated trading system for matching bids and offers entered into the system by a number of traders connected to the system, a server hosts a matching processor and an associated memory forming an orderbook of the system where both fixed-income instruments paying a coupon, referred to as bonds, and fixed-income instruments not paying a coupon (zero-coupon), referred to as stripped bonds, are traded. The system derives prices for bonds using information from stripped bonds.Type: GrantFiled: July 10, 2003Date of Patent: April 24, 2012Assignee: OMX Technology ABInventors: Jonas Lundberg, Daniel Negishi
-
Patent number: 8160947Abstract: Methods and systems for identifying and tracking potential property rights in a software product and useful in auditing the software product are disclosed. Files of the software product are scanned to determine potential property rights, preferably by scanning the source code of the files to identify certain textual strings and/or by scanning the file system information for the files. The files are fingerprinted, which can be used to retrieve previous audit records in the event of a match. New audit records are established for unmatched files, which are automatically populated with potential property rights information determined during the scan. Each audit record is opened in a record viewing/auditing application to allow diligence information to be reviewed and/or entered for each of the files. Licensing records are also preferably established, which summarize relevant licensing obligations, and which are linked with the audit records of affected files.Type: GrantFiled: September 15, 2004Date of Patent: April 17, 2012Assignee: Adobe Systems IncorporatedInventor: Timothy S. Oey
-
Patent number: 8156030Abstract: This disclosure details methods for measuring and analyzing diversification of portfolio of assets. A dimension is a logical and quantitative means to measure diversification. As the number of dimensions increases so does diversification. Strong asset correlations among each other detract from the notion of independence. A positive correlation increases risks and is therefore undesirable. Assets are embedded into a high dimensional Euclidean vector space. The entire portfolio is interpreted as a set of points whose ambient dimension is the number of assets in the portfolio. The Karhunen-Loève expansion is used to quantify the KL dimension of the geometric object induced by a portfolio. The associated dimension is taken as the measure of diversification accounts for both the number of assets and the commonality within them. This ensures that measuring diversification as a dimension accounts for the complete diversification affect of the portfolio and is thus a valuable portfolio management tool.Type: GrantFiled: April 3, 2009Date of Patent: April 10, 2012Assignee: Gravity Investments LLCInventors: James Eric Damschroder, Josh Samuel Ladd
-
Patent number: 8145553Abstract: System, method, and program products offer flexibility to the rather rigid way of trading in an electronic trading system. Orders for a tradeable object may typically get matched according to set terms and/or conditions at an electronic exchange. A trader may log onto the electronic exchange to trade the tradeable object, and may choose to display and trade the tradeable object according to a different set of terms and/or conditions. As such, the market data sent to the trader from the exchange is converted to a format according to the trader's selection, so that it may be presented to the trader in this format. Transaction messages sent to the exchange from the trader are converted to the format readable by the matching process, so that it can process the messages. Other features and advantages are described herein.Type: GrantFiled: March 11, 2011Date of Patent: March 27, 2012Assignee: Trading Technologies International Inc.Inventors: Farley Owens, Robert J. Kline, Diane Saucier, Nidhi Singh, Bharat Mittal
-
Patent number: 8145507Abstract: A quantitative system and method that employs data sources external to an insurance company to generate a statistical model that may be used to more accurately and consistently predict commercial insurance profitability (the “predictive statistical model”). The system and method are able to predict individual commercial insurance policyholder profitability on a prospective basis regardless of the internal data and business practices of a particular insurance company.Type: GrantFiled: October 23, 2001Date of Patent: March 27, 2012Assignee: Deloitte Development LLCInventors: Frank M. Zizzamia, Cheng-Sheng Peter Wu, Dominic A. Tocci, Matthew R. Carrier, John Lucker
-
Patent number: 8135642Abstract: A computer-implemented system for processing a customer application for a wireless telecommunications device is provided. The system includes a first credit component to obtain first credit information for a customer and a second credit component maintaining default credit information. The system includes a credit processor and a payment component. Where the first credit information is available the credit processor uses the first credit information otherwise it uses the default credit information to process the customer application. The payment component uses a first payment verification to verify a customer payment. When the first payment verification is not accessible, the payment component provides a payment identification and continues processing the customer application until the first payment verification is obtained.Type: GrantFiled: February 7, 2006Date of Patent: March 13, 2012Assignee: Sprint Communications Company L.P.Inventor: Alan S. Krause
-
Patent number: 8131636Abstract: Embodiments of the present invention include a computer-implemented method of performing a financial transaction on a network comprising storing a plurality of risk factors and associated severities in a web-enabled remote policy database, the severities defining actions taken when a specific risk factor is detected, storing a plurality of hold override policies that associate a deposit type with a hold type in the policy database, receiving deposit data including an image of a deposit check, applying the plurality of risk factors to the deposit data, and applying the plurality of hold override policies to the deposit data.Type: GrantFiled: May 5, 2005Date of Patent: March 6, 2012Assignee: Ensenta CorporationInventors: Edward John Viera, Emerson Ward Swan, II, Richard Klein, Dmitri Boudtchenko, James Howard Ballagh
-
Patent number: 8126803Abstract: An automated system can be provided for continuously and accurately assigning float to deposit credits within a financial institution. A normalized market segment is continuously assigned to each account by extracting information from a plurality of disparate demand deposit account systems. Deposit credits are gathered from disparate known capture sites and the normalized market segment is assigned to a deposit credit for a corresponding account. A float assignment can then be made for a deposit credit so that the float reflects both a deposit location and current domestic information for the corresponding account. A system for implementing the invention can include a float system connected to a transaction exchange system.Type: GrantFiled: July 9, 2007Date of Patent: February 28, 2012Assignee: Bank of America CorporationInventors: Douglas P. Elliott, David McMann, Lowell R. Huff, Lynn Flesher, Clarence E. Lee, II, David Frew, Kelly S. Hall
-
Patent number: 8121871Abstract: The present invention relates generally to systems, methods and software applications for storing, retrieving, and displaying information. More particularly, the present invention relates to providing a comprehensive, interactive tool for storing, retrieving, and displaying agent identifying information and agent commission information. The method of the present invention comprises the steps of: receiving agent identifying information and agent commission information; analyzing and sorting the received agent identifying information and agent commission information; saving the agent identifying information and the agent commission information; providing an interactive display of the agent identifying information and the agent commission information; providing interactive access to a display of detailed agent identifying information; and providing interactive access to a display of detailed agent commission information.Type: GrantFiled: January 26, 2001Date of Patent: February 21, 2012Assignee: Genworth Financial, Inc.Inventors: Freeland Glen Young, III, Liane Dietrich, Diana H. Garland, Lee Edwards
-
Patent number: 8117101Abstract: A database used by a consumer reporting agency for storing application information data in association with transaction and experience information. A consumer applying for credit submits personal and financial information either verbally or by filling out a form. The application information data submitted verbally or by a form is submitted by an institution along with a request for a credit report on the consumer. The consumer reporting agency receives the request and stores the application information separately from the transaction and experience information. Each time an institution submits application information data related to the consumer, the data is accumulated in successive records and maintained. In response to a request for a report on a consumer, the consumer reporting agency forwards a response based on the application records accumulated.Type: GrantFiled: March 28, 2003Date of Patent: February 14, 2012Assignee: Innovis, Inc.Inventors: William H. Price, Jonathan H. Price
-
Patent number: 8112353Abstract: A method to forward a browser client is disclosed. The method comprises storing information at a payment service server. The information includes a return network address corresponding to a interface hosted by a merchant server. Next, the method performs the step of comparing the return network address that is included in the information to a reference return network address corresponding to the interface hosted by the merchant server and identifying whether the return network address matches the reference return network address. Finally, the method comprises forwarding the browser client to the interface hosted by the merchant server responsive to the identifying the match.Type: GrantFiled: June 14, 2011Date of Patent: February 7, 2012Assignee: eBay Inc.Inventors: David Ching Li, David Young-June Kang, Benjamin Gregg Listwon, Max R. Levehin
-
Patent number: 8108295Abstract: A computer-implemented system and method for executing trades of financial securities according to a combination passive/aggressive trading strategy that reliably executes trades of lists of securities or blocks of a single security within a desired time frame while taking advantage of dynamic market movement to realize price improvement for the trade within the desired time frame. A passive trading agent executes trades at advantageous prices by floating portions of the order at the bid or ask to maximize exposure to the inside market and attract market orders. An aggressive agent opportunistically takes liquidity as it arises, setting discretionary prices in accordance with historical trading data of the specified security.Type: GrantFiled: March 15, 2010Date of Patent: January 31, 2012Assignee: ITG Software Solutions, Inc.Inventors: Tomas Bok, Jose E. Gutierrez, Sam Shteingart