Patents by Inventor Patrick F. Downes

Patrick F. Downes has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20020095369
    Abstract: A method and system for anonymously buying and selling a structured financial product over a computer network includes providing a host for receiving information for the offer for sale of a structured financial product from a first client, anonymously publishing the offer for sale of the structured financial product over a computer network by the host to a plurality of second clients over the computer network for a predetermined period of time, initiating the offer for sale of the product over the network at a prescribed starting time, providing an opportunity for the plurality of second clients to bid on the product in real-time during the period of time, automatically publishing to the plurality of second clients viewing the sale of the product each bid in real-time as each bid is submitted by one of the second clients, wherein a substantial number of all submitted bids are displayed together during the offer for sale, and awarding the structured financial product to a second client of the plurality of the
    Type: Application
    Filed: January 11, 2002
    Publication date: July 18, 2002
    Inventors: Harry A. Kaplan, Patrick F. Downes