Patents by Inventor Paul Lichter

Paul Lichter 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).

  • System and method for centralized clearing of over the counter foreign exchange instruments
    Publication number: 20070118459
    Abstract: The disclosed systems and methods relate to allowing trading of over the counter (“OTC”) foreign exchange (“FX”) contracts on a centralized matching and clearing mechanism, such as that of the Chicago Mercantile Exchange's (“CME”'s) futures exchange system (the “Exchange”). The disclosed systems and methods allow for anonymous transactions, centralized clearing, efficient settlement and the provision of risk management/credit screening mechanisms to lower risk, reduce transaction costs and improve the liquidity in the FX market place. In particular, the disclosed embodiments increase speed of execution facilitating growing demand for algorithmic trading, increased price transparency, lower cost of trading, customer to customer trading, and automated asset allocations, recurring trades as well as clearing and settlement efficiencies.
    Type: Application
    Filed: October 31, 2006
    Publication date: May 24, 2007
    Inventors: Paul Bauerschmidt, Dmitriy Glinberg, Edward Gogol, Stephen Goldman, Paul Lichter, Jeffrey Mitchell, Ari Studnitzer, Tae Seok Yoo
  • System and method for directed request for quote
    Publication number: 20070118455
    Abstract: The disclosed systems and methods relate to allowing trading of over the counter (“OTC”) foreign exchange (“FX”) contracts on a centralized matching and clearing mechanism, such as that of the Chicago Mercantile Exchange's (“CME”'s) futures exchange system (the “Exchange”). The disclosed systems and methods allow for anonymous transactions, centralized clearing, efficient settlement and the provision of risk management/credit screening mechanisms to lower risk, reduce transaction costs and improve the liquidity in the FX market place. In particular, the disclosed embodiments increase speed of execution facilitating growing demand for algorithmic trading, increased price transparency, lower cost of trading, customer to customer trading, and automated asset allocations, recurring trades as well as clearing and settlement efficiencies.
    Type: Application
    Filed: June 14, 2006
    Publication date: May 24, 2007
    Inventors: William Albert, Lori Flemm, Paul Bauerschmidt, Paul Callaway, Dmitriy Glinberg, Edward Gogol, Stephen Goldman, Andrew Greta, Bryan Hunter, Matthew Kelly, John Labuszewski, Paul Lichter, Jeffrey Mitchell, Ari Studnitzer, Shanthi Thiruthuvadoss, Tae Seok Yoo
  • Facsimile routing methodology
    Patent number: 5206743
    Abstract: A methodology for allowing the transmission of a facsimile message to a specified location on a multi-user computer network consists of modifying a portion of the handshake data fields transmitted in conjunction with the facsimile images. The data field is modified to accept sender-entered data, typically a recipient-specific identification code. The receiving facility obtains the data as part of the handshake procedure, and utilizes the identification code to effect routing of the message to the intended recipient. The data field utilized is preferably the Transmit Terminal Identifier field of the handshake transmission.
    Type: Grant
    Filed: December 28, 1990
    Date of Patent: April 27, 1993
    Assignee: All the Fax Business Systems, Inc.
    Inventors: Gary Hochman, Paul Lichter