Abstract: Systems and methods for allocating limited resources of a securities research department to accounts of the department are disclosed. According to various embodiments, the system includes an account scoring module and a resource matching module. The account scoring module is for generating a score for each account, and the resource matching module is for matching the resources of the department to the accounts based on the scores for each account.

Abstract: A method for providing a financial contract having a payout amount based on a specific return on an asset for a performance period. The method includes the step of determining the total return, risk-free return and common factor return associated with the asset over the performance period. Next, a specific return on the asset over the performance period based on the total return, risk-free return and common factor return is calculated. Finally, the payout amount is provided if the specific return meets payout criteria.

Abstract: A method of facilitating telecommunication functionality on a mobile device. The method includes receiving a request for a telecommunications transaction from the mobile device and retrieving a callback identifier for a user of the mobile device. The method also includes executing the telecommunications transaction, wherein executing the transaction includes establishing a communications session that includes a callback telephony endpoint represented by the callback identifier and at least one target telephony endpoint, wherein a portion of the communications session that includes the callback telephony endpoint is established at least in part by making an outbound call from a telephony switch.

Abstract: Systems and methods of selling employee stock options (ESOs) and other compensation instruments. The method may comprise receiving a sale order for the employee stock options from a seller. The method may also comprise the step of determining a winning bidder based on bids submitted by at least two bidders that specify a price for the employee stock options. The method may further comprise suspending the auction until there are qualifying bids from at least two bidders. The method may also comprise transferring a derivative in place of the employee stock options to the winning bidder, wherein the derivative entities the holder thereof to buy a quantity of securities of an issuer at the price.

Abstract: Systems and methods of generating a financial market index are disclosed. According to various embodiments, the index may use a fundamental economic indicator to determine a leverage factor. In various embodiments, the leverage factor is increased if the 3M USD LIBOR increases by at least ten basis points during a determined time period, otherwise the leverage factor is decreased. The leverage factor may have upper and lower bounds. The index level may be calculated daily, with the rebalancing occurring on a monthly cycle.

Abstract: The systems and methods relate to a new securities order type—the MON Order—which remains undisplayed and does not become executable until a minimum trigger quantity is reached, thereby making such order executable. The MON Order includes information that indicates a symbol of the security, the number of shares of the security to buy/sell, the side of the order and a trigger quantity. For limit orders, the order also includes a limit price. The MON Order may be received by an initial trading center that may determine whether the trigger quantity is satisfied based on the available number of shares for the security in the marketplace, where the available number of shares is based on the aggregate of (i) the displayed and undisplayed liquidity for the security at the initial trading center, and (ii) the displayed accessible liquidity at one or more away trading centers that is known to the initial trading center.

Abstract: Computer-implemented systems and methods for computing a transaction cost metric for a transaction (or trade order) involving a tradable financial product, such as a FX currency pair. The transaction cost metric can be computed pre-trade and compared to a quoted price for the trade from a dealer to evaluate the quoted price. The computed transaction cost metric, which is based on a slippage premium for the trade order, is based on at least a notional size for the trade order. The slippage premium represents a difference between an effective price at which the trade order is filled and a price for the financial product at inception of the trade order. The transaction cost metric may be computed as an average of a strip of options, where the values of the options are computed using an option pricing formula. The strip of options may comprise one or more options, each with different tenors, where the tenors correspond to the expected time periods for orders to arrive to fill the trade order.

Abstract: Computer-implemented systems and methods for determining a “liquidity cycle” for a tradable financial product. The liquidity cycle has a liquidity cycle time period that is made up of multiple discrete time intervals, and the liquidity cycle indicates an expected distribution of order flow at each discrete time interval over the liquidity cycle time period. The liquidity cycle is determined based on tick data for the financial product. The tick data can comprise time-stamped indicative price quotes for the financial product and/or time-stamped price data for completed transactions involving the financial product. The liquidity cycle can be used to compute a Flow-Weighted Average Price (FWAP) for the financial product over a specified FWAP trade time window. An investor may agree with the trader to buy or sell (depending on the side of the transaction) the financial product at the FWAP.

Abstract: A system and method for record archive disposition is implemented with a computer system comprising one or more computer processors operatively connected to memory. Archival records are stored in memory, each archival record being associated with at least one metadata attribute. At least one or more legal holds are stored in memory, each legal hold having legal hold metadata attributes. A deletion candidate list is generated with at least one of the processors for at least one record type by including on the deletion candidate list archival records identified as having one or more archival record metadata attributes corresponding to the at least one record type, and excluding from the deletion candidate list identified archival records if a selected set of legal hold metadata attributes for at least one legal hold corresponds to at least a subset of metadata attributes for the identified archival records. Archival records included on the deletion candidate list are deleted from memory.

Abstract: A system for comparing a first taxonomy and a second taxonomy. The system may comprise at least one processor having associated cache memory, a cache module and a comparison module. The cache module may be configured to load a portion of a comparison sample to the cache memory. The comparison sample may comprise a part of the first taxonomy and a part of the second taxonomy. The comparison module may be configured to cause the processor to retrieve the portion of the first comparison sample from the cache memory and compare the portion of the first comparison sample.

Abstract: Various embodiments are directed to entitlements clearance. For example, an entitlement clearance request may be received from a provisioning application. The entitlement clearance request may comprise an indication of a subject entitlement and an indication of a subject user. An indication of user characteristics describing the subject user and an indication of existing entitlements held by the subject user may be received. A plurality of entitlements conflict rules may be applied to the existing entitlements, the subject entitlement and the user characteristics to determine whether an entitlements conflict exists in view of the subject entitlement. In addition, a completion indication of whether the entitlements conflict exists in view of the subject entitlement may be returned.

Abstract: A system and method for effecting modular investment position calculation is disclosed. The system and method comprise a data architecture having multiple stored calculation components. The calculation components include base calculation components and variant calculation components. A calculation spine is assembled by a master control module based upon information received by the master control module indicating that a variant version of a base calculation is to be performed. The calculation spine includes at least some of the base calculation components and at least one of the variant calculation components. The calculation spine is executable by the at least one programmable processor using data received by the processor such that, when the calculation spine is executed, the variant version of the base calculation will be performed using the data.

Abstract: A straight debt security may include a maturity component, a reset component, and a remarketing component. In general, the maturity component provides a maturity term of the straight debt security. The reset component specifies the terms and conditions for resetting a yield on the straight debt security. The remarketing component provides terms and conditions for remarketing the straight debt security to new investors. After remarketing, the straight debt security remains outstanding and potential recapture of excess tax benefits is postponed until the straight debt security ceases to be outstanding.

Abstract: A process that provides protection to an entity against the risk that a third party experiences a credit-related problem as a result of, or following a fortuitous, identifiable, insurable event, where the entity is exposed to the credit risk of the third party. The process may comprise the step of entering into, by the entity, an insurance agreement with an insurer, wherein the obligations of the insurer under the insurance agreement are triggered upon the occurrence of both (1) a credit-related problem of the third party and (2) the event. The entity may be, for example, a person or a business. Where the entity is an insurance provider, the insurer may be a reinsurer, and the insurance agreement between the two may be a reinsurance agreement. The credit-related problem of the third party may be a solvency problem or a failure to borrow a certain amount of money on the part of the third party.

Abstract: Systems and methods for establishing rules for communication with a host. Network activity data for communications between Host A and Host B may be collected and analyzed by a rules engine to create rules governing communications between the Host A and Host B. The rules may then be loaded in a first, centralized, database, where an activity analyzer engine may analyze trends in rule growth to determine if a gateway for Host A, which will control communications to and from Host A, is ready for deployment. Once it is determined that the gateway is ready for deployment, the rules may be replicated from the first, centralized database to a second, regional database associated with Host A. The gateway may then be enabled based on the rule data stored in the second, regional database so that the gateway can determine if communications between the Host A and Host B violate the rules. Post-deployment of the gateway, the rules may be continually updated based on changes to the network, etc.

Abstract: A system is provided that includes a party file having a plurality of party records with each of the plurality of party records having party information relating to one of a plurality of parties. Also included is an account file having a plurality of account records with each of the plurality of account records having account information relating to one of a plurality of accounts. Each of the plurality of account records also includes a link to at least one of the plurality of party records. Finally, a transaction file is included having a plurality of transaction records with each of the plurality of transaction records having transaction information relating to one of a plurality of transactions. Each of the plurality of transaction records includes a link to one of the plurality of account records.

Abstract: A system including a handheld mobile computing device and an external storage medium in communication with the mobile computing device, the storage medium having stored thereon preconfigured user information and security information.

Abstract: Systems and methods of generating metrics for volatility products are disclosed. According to various embodiments, the metric may use a carry of the volatility product and a volatility of the implied volatility to determine the metric. Through the metric, or carry quotient, global interest rate volatility may be searched to identify trades with attractive rolldown and carry characteristics.

Abstract: Methods of pricing non-execution services provided by a firm comprising an execution service provider and a non-execution service provider. The methods may comprise the steps of accruing a payment for execution and non-execution services from an external client and allocating a first portion of the payment to an execution service provider and a second portion of the payment to a non-execution service provider. The methods may also comprise the steps of calculating a cost of providing the non-execution services, and calculating a profit of the non-execution service provider considering the cost of providing the non-execution services and the second portion of the payment.

Abstract: An event management system initializes an event associated with a process. Corrective actions are executed to resolve the event. The corrective actions are monitored after the event is resolved to continuously improve the process.