Patents Assigned to Primex Holdings, LLC
-
Patent number: 10395314Abstract: A system for determining an opening price for products traded over a distributed, networked computer system is described. The system includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system, said orders specifying a quantity of the financial product. A plurality of workstations for entering orders and a server computer coupled to the workstations, said server computer executing a server process that determines an opening price for the product. The opening price process posting an allocation message to market maker participants to communicate an expected allocation of the imbalance for execution at an initial opening of the market in the event that the imbalance exists at the opening.Type: GrantFiled: August 11, 2011Date of Patent: August 27, 2019Assignee: Primex Holdings, LLCInventors: Peter B. Madoff, Glen R. Shipway, Andrew S. Margolin
-
Patent number: 8024254Abstract: A system for determining an opening price for products traded over a distributed, networked computer system is described. The system includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system, said orders specifying a quantity of the financial product. A plurality of workstations for entering orders and a server computer coupled to the workstations, said server computer executing a server process that determines an opening price for the product. The opening price process posting an allocation message to market maker participants to communicate an expected allocation of the imbalance for execution at an initial opening of the market in the event that the imbalance exists at the opening.Type: GrantFiled: August 29, 2006Date of Patent: September 20, 2011Assignee: Primex Holdings LLCInventors: Peter B. Madoff, Glen R. Shipway, Andrew S. Margolin
-
Patent number: 7617144Abstract: A system for auctioning financial products over a distributed, networked computer system includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system. The orders specify a price for the financial product, a quantity of the financial product and exposure time which the order can remain active. The system also includes a plurality of workstations for entering predefined relative indication and responses to orders for the product. The predefined relative indications specify a willingness to trade. The responses specify a price and quantity.Type: GrantFiled: March 19, 1999Date of Patent: November 10, 2009Assignee: Primex Holdings LLCInventors: Peter B. Madoff, Alberto C. Casanova, Christopher Keith
-
Patent number: 7590593Abstract: A system for auctioning financial products over a distributed, networked computer system includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system. The orders specify a price for the financial product, a quantity of the financial product and exposure time which the order can remain active. The system also includes a plurality of workstations for entering predefined relative indication and responses to orders for the product. The predefined relative indications specify a willingness to trade. The responses specify a price and quantity.Type: GrantFiled: January 4, 2007Date of Patent: September 15, 2009Assignee: Primex Holdings LLCInventors: Peter B. Madoff, Alberto C. Casanova, Christopher Keith
-
Patent number: 7424454Abstract: A system for determining an opening price for products traded over a distributed, networked computer system is described. The system includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system, said orders specifying a quantity of the financial product. A plurality of workstations for entering orders and a server computer coupled to the workstations, said server computer executing a server process that determines an opening price for the product. The opening price process posting an allocation message to market maker participants to communicate an expected allocation of the imbalance for execution at an initial opening of the market in the event that the imbalance exists at the opening.Type: GrantFiled: October 4, 2005Date of Patent: September 9, 2008Assignee: Primex Holdings, LLCInventors: Peter B. Madoff, Glen R. Shipway, Andrew S. Margolin
-
Patent number: 7162448Abstract: A system for auctioning financial products over a distributed, networked computer system includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system. The orders specify a price for the financial product, a quantity of the financial product and exposure time which the order can remain active. The system also includes a plurality of workstations for entering predefined relative indication and responses to orders for the product. The predefined relative indications specify a willingness to trade. The responses specify a price and quantity.Type: GrantFiled: September 12, 2002Date of Patent: January 9, 2007Assignee: Primex Holdings LLCInventors: Peter B. Madoff, Alberto C. Casanova, Christopher Keith
-
Patent number: 7099839Abstract: A system for determining an opening price for products traded over a distributed, networked computer system is described. The system includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system, said orders specifying a quantity of the financial product. A plurality of workstations for entering orders and a server computer coupled to the workstations, said server computer executing a server process that determines an opening price for the product. The opening price process posting an allocation message to market maker participants to communicate an expected allocation of the imbalance for execution at an initial opening of the market in the event that the imbalance exists at the opening.Type: GrantFiled: September 8, 1999Date of Patent: August 29, 2006Assignee: Primex Holdings, LLCInventors: Peter B. Madoff, Glen R. Shipway, Andrew S. Margolin
-
Publication number: 20030014354Abstract: A system for auctioning financial products over a distributed, networked computer system includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system. The orders specify a price for the financial product, a quantity of the financial product and exposure time which the order can remain active. The system also includes a plurality of workstations for entering predefined relative indication and responses to orders for the product. The predefined relative indications specify a willingness to trade. The responses specify a price and quantity.Type: ApplicationFiled: September 12, 2002Publication date: January 16, 2003Applicant: Primex Holdings LLC, a New York corporationInventors: Peter B. Madoff, Alberto C. Casanova, Christopher Keith
-
Publication number: 20020019795Abstract: A system for determining an opening price for products traded over a distributed, networked computer system is described. The system includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system, said orders specifying a quantity of the financial product. A plurality of workstations for entering orders and a server computer coupled to the workstations, said server computer executing a server process that determines an opening price for the product. The opening price process posting an allocation message to market maker participants to communicate an expected allocation of the imbalance for execution at an initial opening of the market in the event that the imbalance exists at the opening.Type: ApplicationFiled: September 8, 1999Publication date: February 14, 2002Applicant: PRIMEX HOLDINGS LLCInventors: PETER B. MADOFF, GLEN R. SHIPWAY, ANDREW S. MARGOLIN
-
Publication number: 20010044767Abstract: A system for auctioning financial products over a distributed, networked computer system includes a plurality of workstations for entering orders for financial products into the distributed, networked computer system. The orders specify a price for the financial product, a quantity of the financial product and exposure time which the order can remain active. The system also includes a plurality of workstations for entering predefined relative indication and responses to orders for the product. The predefined relative indications specify a willingness to trade. The responses specify a price and quantity.Type: ApplicationFiled: March 19, 1999Publication date: November 22, 2001Applicant: Primex Holdings LLCInventors: PETER B. MADOFF, ALBERTO C. CASANOVA, CHRISTOPHER KEITH