Abstract: A system and method are provided for assigning ratings (the “Ratings”) on mutual funds and other investment funds (collectively the “Funds”) based on various information gleaned from public and privately traded financial, currency, interest rate and other futures, along with options on said futures (collectively the “Futures”). In an illustrative implementation, the system can operate to combine information on the historical rates of return and variability in the rates of return of the Funds with the expected range of future returns for various asset classes as determined by the pricing of the Futures. Illustratively, the rating for the Funds (the “Rating”) can incorporate the range of expected future returns, the variability of past returns, and the level of risk.

Abstract: A system and method are described and disclosed that are used for effecting large block trades of securities in an automated and anonymous matter in which fair pricing is carried out using features of the NBBO. The automated trading the system and method also will carry out negotiations to effect a trade in certain circumstances, though the preferred method of effecting trades is by automated trading. However, regardless of the trading method, anonymity of the trading counterparties is preserved. The system and method also tests the NBBO for each of the traded securities to ensure it is valid before an automated trade may take place.

Abstract: A method and system for providing a personalized entertainment experience that is customized for each user. The history of user control actions (such as “forward” and “back”) associated with each played composition are captured as positive or negative user feedback about each composition. A customized sequence of compositions may be automatically generated for each user by utilizing the prior history of user control actions. The personalized sequence automatically adapts to changing user feedback over time. The user's collection of compositions is automatically integrated with the generated customized sequence. Additional compositions and samples, that are new to a user, may be automatically chosen based on the prior user feedback history and may be added to the user's collection when positive user feedback occurs during playback.

Abstract: An apparatus for containing and cooling enriched water for the production of activated fluorine (18F). A target assembly includes internal cooling channels in which developed flow of a coolant removes the heat from the target liquid in the target chamber. In one embodiment, the target assembly is fabricated of tantalum.

Abstract: A debris filter bottom nozzle for a nuclear fuel assembly having a support skirt and a top plate. The top nozzle plate has defined therethrough a plurality of flow holes. The axial bore through each flow hole is contoured as a venture. Preferably, the venturi is formed with a double chamfered inlet.

Abstract: The present invention relates generally to the field of computer-assisted business methods, and to system and articles-of-manufacture for implementing such methods. More particularly, the invention relates to computer-based methods, apparatus and articles-of-manufacture for supporting the coordination, communication, record-keeping, accounting, security and scheduling needs for the syndicate associated with an initial public offering (“IPO”) or other new financial issue. While the invention is exemplified and discussed herein with reference to IPO's, those skilled in the art will appreciate that the present invention is equally applicable to other types of securities and debt instruments, such as preferred stock, corporate bonds, municipal bonds, etc.

Abstract: The present invention is a system and method for assigning ratings on mutual funds and other investment funds based on values of financial futures for sectors corresponding to the funds. The method combines information on the historical rates of return and variability in the rates of return of the funds with the expected range of future returns for various asset classes as determined by the pricing of futures. The rating for the funds incorporates the range of expected future returns, the variability of past returns, and the level of risk.

Abstract: A material is exposed to a neutron flux by distributing it in a neutron-diffusing medium surrounding a neutron source. The diffusing medium is transparent to neutrons and so arranged that neutron scattering substantially enhances the neutron flux to which the material is exposed. Such enhanced neutron exposure may be used to produce useful radio-isotopes, in particular for medical applications, from the transmutation of readily-available isotopes included in the exposed material. It may also be used to efficiently transmute long-lived radioactive wastes, such as those recovered from spent nuclear fuel. The use of heavy elements, such as lead and/or bismuth, as the diffusing medium is particularly of interest, since it results in a slowly decreasing scan through the neutron energy spectrum, thereby permitting very efficient resonant neutron captures in the exposed material.

Abstract: A system and method are provided for calculating and displaying volume to identify aggressive buying or selling activity. In a preferred embodiment, market information such as the inside market, last traded price, and last traded quantity is received from the electronic exchange and is used to assist a trader in determining the initiative side of a trade, either bid side or ask side. Once a determination is made, the result may be used to assist a trader analyzing the market volume. Other features and advantages are described herein.

Abstract: A system and method for fee-based order priority level modification in an electronic trading environment are described. When an order reaches an exchange, a priority level of the order may be changed to a higher priority level, and the priority level of the order initially at the higher priority level may be changed to a lower priority level of the received order. In one embodiment, a trader who is gaining a higher priority level will be preferably charged a fee for having his order moved to the higher priority level, and at least a portion of that fee may be paid to a trader who is giving up his high priority level.

Abstract: A method of constructing a value index and a growth index is disclosed. The method includes, determining a value of each variable in a group of variables for each security in a group of securities, determining a standardized score of each variable for each security, and determining an overall value standardized score and an overall growth standardized score for each security. The method further includes positioning each security in a two-dimensional style space and allocating each security to at least one of the growth index and the value index based on each security's distance from an origin of the two-dimensional style space.

Abstract: A process for managing financial transactions involves defining the process as a series of steps that involve the transfer of information needed by each party to settle the transaction. A system for measuring the performance of participants in the management process tracks the information transferred between the parties and records the date and time that the information is transferred. Periodically, information including the date and time information is processed and used to determine measures of performance over the period. These measures of performance can include the amount of time between the completion of any of the steps in the management process, for example, from the time when transaction was initiated (e.g. a trade is executed) to the time the information to be transmitted to or received by any of the participants to the management process or the management system in any of the steps of the management process.

Abstract: A system and method for facilitating delivery of software applications from software manufacturers and channel partners to their aggregated customer base are described. The system enables both direct customers of software manufacturers and customers of channel partners to receive electronic delivery of digital assets and licenses from a single electronic software delivery site. The system enables software manufacturers to uniquely define the use of the electronic software and license delivery service for each of their associated channel partners, including defining whether the channel partner can submit orders directly to the system and to define limits on such orders, to specify which products from the manufacturer's catalog is a channel partner allowed to deliver, and to define which reporting information the manufacturer may access for data submitted by each channel partner.

Abstract: A system and method for fee-based order priority level modification in an electronic trading environment are described. When an order reaches an exchange, a priority level of the order may be changed to a higher priority level, and the priority level of the order initially at the higher priority level may be changed to a lower priority level of the received order. In one embodiment, a trader who is gaining a higher priority level will be preferably charged a fee for having his order moved to the higher priority level, and at least a portion of that fee may be paid to a trader who is giving up his high priority level.

Abstract: A method of intermediation services providing an efficient market for a class of financial products in which transactions occur in distinct origination and secondary sectors, the method including outputting a pricing schedule providing credits for transactions fees paid in one sector for redemption against the transaction fees for the other. An embodiment includes offering information, captured in the course of providing intermediation services, at prices that are reduced as transaction fees increase. The method of the invention provides an efficient market for the provisioning of financial products that not only invites lenders, loan seekers, loan traders, offerors of lines of credit, seekers of lines of credit, traders of lines of credit, insurers, insurance seekers, and reinsurers to patronize a system employing the method, but which has conventions that induce them to patronize the system employing the method. The invention further contemplates the system employing the method.

Abstract: Systems and methods for conducting an auction of securities on the Web. The system and methods provide a bid mechanism whereby bidders are rewarded for priority of anonymously revealing their bids and provide an allocation of the securities which allows winning bidders to pay a single market-clearing price that sells out the securities. In addition, the systems and methods allow all participants to monitor the auction in real time.

Abstract: An automated financial transaction apparatus (10) includes a touch screen interface (14) and a plurality of transaction function devices (22, 34, 36, 42, 46, 50, 54, 58) which operate to carry out financial transactions for users. A reading device (18, 78) senses characteristic features of users who operate the machine. Data stored in at least one data store associated with at least one computer (62, 118, 120) includes data representative of the characteristic features associated with a plurality of users and for each user, at least one interface parameter. The apparatus operates so that when the characteristic feature associated with a particular user is sensed by the reading device, the display screen and other input and output devices are changed in position or operation to accommodate the stature, disabilities, desires or other special requirements of the user.

Abstract: An auction server node is described for a computer network having user nodes for conducting an auction run by an auction adviser for awarding securities from an issuer to bidders of the auction. There is real-time monitoring of the auction as it occurs, a bid mechanism for receiving competitive bids from the bidders at the user nodes, including a quantity of securities to be purchased, an initial price revealed to the other bidders, and a firm price not revealed to the other bidders and within a predetermined range of the initial price. A single market clearing price is determined that allocates to the bidders all of the securities in the auction. An incremental adjustment of the market clearing price may be made by at least one of the auction advisor and the issuer, and an allocation made of the securities to the bidders at the adjusted clearing price.

Abstract: A containment of a nuclear power plant has a pressure chamber, a condensation chamber, and a substantially vertically running condensation tube. The upper end of the tube is connected to the pressure chamber and the lower end of the tube is immersed in a cooling liquid in the condensation chamber. The lower end of the condensation tube has an elbow and an outlet nozzle. The elbow has an elbow angle which is such that the lower end of the elbow is immersed obliquely in the cooling liquid in the condensation chamber, and the outlet nozzle has an outlet opening which is substantially shielded with respect to the base of the condensation chamber. This renders it possible to significantly reduce the pressure loads on the base and the walls of the condensation chamber in the event of an emergency.

Abstract: A method for trading in a financial derivative of an underlying asset includes determining a trend predictive of a future value of the asset and a predicted variance of the future value. Responsive to the trend and the variance, a density function is calculated, which is indicative of a probability distribution of the value at a first time in the future. Based on the density function at the first time, the density function is recalculated to find the probability distribution of the value at a second time, subsequent to the first time, and a trading decision is made with regard to the derivative of the asset based on the density function.