Patents Examined by Rajesh Khattar
  • Patent number: 7805356
    Abstract: A system and method are provided for displaying information related to a plurality of tradeable objects using a single graphical interface. One example graphical interface includes at least two screen regions displayed in relation to each other, with each region including a plurality of locations. Each location in the first screen region corresponds to a value along a first value axis, and each location in the second screen region corresponds to a value along a second value axis. The graphical interface also includes a first indicator in the first region and a second indicator in the second region. In response to a repositioning command based on an algorithm, the graphical interface includes a repositioned first value axis and the second value axis, such that the indicators are displayed in new locations determined based on the algorithm.
    Type: Grant
    Filed: May 1, 2006
    Date of Patent: September 28, 2010
    Assignee: Trading Technologies International, Inc.
    Inventors: Gerald J. O'Connor, Stephen J. Murphy
  • Patent number: 7778903
    Abstract: According to the invention, a method for transferring funds from a payor to one or more payees using a wide area network when the transfer information is incomplete at some point is disclosed. In one step, initial transfer information for a transfer of funds from the payor to the payee is received. In another step, supplemental transfer information for the transfer of funds from the payor to the payee is received. The transfer of funds from the payor to the payee is completed using both the initial transfer information for the transfer of funds from the payor to the payee and the supplemental transfer information for the transfer of funds from the payor to the payee.
    Type: Grant
    Filed: August 5, 2005
    Date of Patent: August 17, 2010
    Assignees: First Data Corporation, The Western Union Company
    Inventors: Margaret Morgan Weichert, John Joseph Mascavage, III
  • Patent number: 7774256
    Abstract: A system computing performance statistics for an investment fund or similar investment vehicle, computing a minimum investment performance corridor guarantee provided by an underwriter, and computing the amount of reimbursement due, if any, from an underwriter if the investment is liquidated at a point in time. Also, the system accepts hypothetical data with respect to investment performance and underwriter terms. The system then illustrates underwriter risk exposure and potential investor reimbursements under different fact combinations.
    Type: Grant
    Filed: February 27, 2003
    Date of Patent: August 10, 2010
    Inventors: Raymond B Ryan, Wendy J. Engel
  • Patent number: 7769658
    Abstract: The present invention relates to a commission management system and method for managing soft dollar and commission recapture services over communications network. The system and method pays the invoices from the soft dollar commission account after the client views and approves invoices online.
    Type: Grant
    Filed: May 7, 2009
    Date of Patent: August 3, 2010
    Assignee: BNY ConvergEx Group, LLC
    Inventors: Jeanne L. Murtaugh, Kevin Ruebenstahl, Paul A. Pricoli, Michael Will De Laforcade
  • Patent number: 7739187
    Abstract: A method for determining the implied volatility of a swap option employs intuitive factors to arrive at a close approximation of volatility. The volatility curve is a convex shaped curve which more closely follows real market volatility than previous methods. The slope of the curve is provided by employing a premium model which allows for a correlation between rates and volatility. The convex shaped curve is arrived by assuming a lognormal distribution for the underlying volatility.
    Type: Grant
    Filed: May 7, 2009
    Date of Patent: June 15, 2010
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Martin R. Watts, Luke Halestrap, Lionnel Pradier, Julia Chislenko, Pawel M. Lewicki, Ronald Levin
  • Patent number: 7711640
    Abstract: An apparatus for processing a composite trading order comprises an interface operable to display a composite value representing a weighted quantity of a plurality of trading products. The apparatus further comprises a processor operable to receive at least one input representing a composite trading order, wherein the at least one input comprises a quantity that is equal to at least a portion of the weighted quantity. The at least one input is usable to generate one or more constituent trading orders that, when filled, combine to satisfy the composite trading order.
    Type: Grant
    Filed: April 5, 2006
    Date of Patent: May 4, 2010
    Assignee: BGC Partners, Inc.
    Inventors: Matthew W. Claus, James R. Driscoll, Gregory P. Manning, Joseph C. Noviello
  • Patent number: 7711644
    Abstract: A system for processing a composite trading order comprises a memory operable to store market data received from one or more market centers. The system further comprises a processor operable to generate a composite value based at least in part on the market data. The processor is further operable to receive a composite trading order associated with at least a portion of the composite value. The processor is further operable to generate a plurality of constituent trading orders that, when filled, combine to satisfy the composite trading order.
    Type: Grant
    Filed: April 5, 2006
    Date of Patent: May 4, 2010
    Assignee: BGC Partners, Inc.
    Inventors: Matthew W. Claus, James R. Driscoll, Gregory P. Manning, Joseph C. Noviello
  • Patent number: 7711630
    Abstract: A system and method are provided for displaying information related to a plurality of tradeable objects using a single graphical interface. One example graphical interface includes at least two screen regions displayed in relation to each other, with each region including a plurality of locations. Each location in the first screen region corresponds to a value along a first value axis, and each location in the second screen region corresponds to a value along a second value axis. The graphical interface also includes a first indicator in the first region and a second indicator in the second region. In response to a repositioning command based on an algorithm, the graphical interface includes a repositioned first value axis and the second value axis, such that the indicators are displayed in new locations determined based on the algorithm.
    Type: Grant
    Filed: June 6, 2005
    Date of Patent: May 4, 2010
    Assignee: Trading Technologies International. Inc.
    Inventors: Gerald J. O'Connor, Stephen J. Murphy
  • Patent number: 7702570
    Abstract: A system for providing an operator interface having a radar display comprises a memory and a processor. The memory stores trader designated requirements. The processor generates a radar display comprising a trader requirements block that corresponds to the trader designated requirements. The processor receives market data and performs the following for each trader designated requirement: determines a probability of the market data satisfying a trader designated requirement, and displays a market data circle on the radar display, where a distance between the market data circle and the trader requirements block indicates the probability.
    Type: Grant
    Filed: March 15, 2007
    Date of Patent: April 20, 2010
    Assignee: BGC Partners, Inc.
    Inventor: Joseph C. Noviello
  • Patent number: 7702569
    Abstract: A system and method for visually establishing a trading strategy are described. According to one method, a trader can position a first icon corresponding to a first order and a second icon corresponding to a second order in relation to a first value axis displayed on a graphical interface. A graphical means can also be used in relation to the icons to show that the icons correspond to a trading strategy. The graphical means can include lines, numbers, or any other user-configurable graphical representation illustrating order precedence, for example.
    Type: Grant
    Filed: May 2, 2006
    Date of Patent: April 20, 2010
    Assignee: Trading Technologies International, Inc.
    Inventor: Alvin F. Tanpoco
  • Patent number: 7702568
    Abstract: A system and method for visually establishing a trading strategy are described. According to one method, a trader can position a first icon corresponding to a first order and a second icon corresponding to a second order in relation to a first value axis displayed on a graphical interface. A graphical means can also be used in relation to the icons to show that the icons correspond to a trading strategy. The graphical means can include lines, numbers, or any other user-configurable graphical representation illustrating order precedence, for example.
    Type: Grant
    Filed: May 2, 2006
    Date of Patent: April 20, 2010
    Assignee: Trading Technologies International, Inc.
    Inventor: Alvin F. Tanpoco
  • Patent number: 7693766
    Abstract: A financial activity network includes a central managing system connected to a plurality of participant terminals. Rules governing operation of the financial activity are stored for future reference. A participant provides investment information such as a map location for the predicted strike by the natural event and, optionally, one or more secondary parameters relating to the natural event, such as the time interval between the time of investment and the time of an event strike and/or the severity of the event strike according to an established scale. In one example, an external objective independent information source is consulted, with the external objective independent information source providing monitoring, interpretation and derived determination of parameters pertaining to the natural event. Methods and articles of manufacture are also disclosed.
    Type: Grant
    Filed: December 20, 2005
    Date of Patent: April 6, 2010
    Assignee: Weather Risk Solutions LLC
    Inventor: Kenneth A. Horowitz
  • Patent number: 7680727
    Abstract: Trading software may receive trading information from an exchange. The trading software may use the trading information to compute an estimate of last traded total sweep quantity. The trading software may also display the last traded total sweep quantity on a trading screen.
    Type: Grant
    Filed: March 11, 2008
    Date of Patent: March 16, 2010
    Assignee: Trading Technologies International, Inc.
    Inventors: Gary Allan Kemp, II, Joan Ebersole, Jens-Uwe Schluetter
  • Patent number: 7680728
    Abstract: A method for a borrower to obtain and/or evaluate desired financial services is disclosed. Personal information from the borrower is obtained and recorded. The personal information includes reasons that the borrower wants to obtain the financing. Financing evaluation information based on pre-established and objective criteria used by at least one established financial institution that provides financing of the type sought by the borrower is obtained and recorded. A credit grading for the borrower is determined based on the personal information, and the financing evaluation information. The credit grading is determined by an independent entity that will not provide the financing to the borrower. The financing may be a loan, such as a mortgage loan or an auto loan or the financing may be the issuance of a credit card or a line of credit.
    Type: Grant
    Filed: May 6, 2002
    Date of Patent: March 16, 2010
    Assignee: Mortgage Grader, Inc.
    Inventor: Jeffrey M Lazerson
  • Patent number: 7620593
    Abstract: A method for enabling a qualified organization to raise or borrow an amount of capital that is required for a planned project and for subsequently eliminating the obligation to repay the debt principal comprises establishing a pool of potential investors to receive an offer to purchase tax-exempt bonds of the qualified organization in order to raise the capital required by the qualified organization, offering the tax-exempt bonds to selected investors in the pool of potential investors, receiving an amount of funds from at least one selected investor to purchase the tax-exempt bonds; establishing an individual charitable remainder trust with the tax-exempt bonds of the qualified organization contributed as assets by the at least one selected investor, and specifying the qualified organization as a residual beneficiary of the charitable remainder trust.
    Type: Grant
    Filed: June 27, 2002
    Date of Patent: November 17, 2009
    Inventor: Leigh S. Fultz
  • Patent number: 7546273
    Abstract: A method and system to evaluate residual value of leased products, comprising a learning phase and an application phase. Each phase has two steps. The first consists in analyzing lease or product main parameter while the second uses other lease conditions or product characteristics. Analysis is based on a grid wherein several specific points are determined during the learning phase. An extrapolation of these points according to the parameters during the application phase gives a first approximation of residual value, which is adjusted using lease conditions or product characteristics. During the learning phase, the system determines the relevant lease conditions or product characteristics and the associated corrections used during the application phase.
    Type: Grant
    Filed: August 28, 2002
    Date of Patent: June 9, 2009
    Assignee: International Business Machines Corporation
    Inventors: Jean Louis Blanchard, Christelle Pavillon, Stephane Lorin, Hammou Messatfa
  • Patent number: 7373327
    Abstract: Trading software may receive trading information from an exchange. The trading software may use the trading information to compute an estimate of last traded total sweep quantity. The trading software may also display the last traded total sweep quantity on a trading screen.
    Type: Grant
    Filed: May 2, 2006
    Date of Patent: May 13, 2008
    Assignee: Trading Technologies International, Inc.
    Inventors: Gary Allan Kemp, Joan Ebersole, Jens-Uwe Schluetter
  • Patent number: 7366691
    Abstract: Trading software may receive trading information from an exchange. The trading software may use the trading information to compute an estimate of last traded total sweep quantity. The trading software may also display the last traded total sweep quantity on a trading screen.
    Type: Grant
    Filed: September 25, 2002
    Date of Patent: April 29, 2008
    Assignee: Trading Technologies International Inc.
    Inventors: Gary Allan Kemp, II, Joan Ebersole, Jens-Uwe Schluetter
  • Patent number: 7333949
    Abstract: A digital contents providing system selects second digital content to be reproduced along with first digital content which is selected by a user, depending on the individual information of a user such as age, sex, liking, and annual income, and sequentially reproduces the two digital contents as one reproducing stream according to reproducing control information specifying an order of reproducing the data included in both the first digital content and the second digital content.
    Type: Grant
    Filed: October 23, 2001
    Date of Patent: February 19, 2008
    Assignee: Matsushita Electric Industrial Co., Ltd.
    Inventors: Yusuke Shimizu, Kaoru Murase
  • Patent number: 7328180
    Abstract: A method for ranking and allocating investment assets, the method including the steps of (a) classifying assets into discrete asset classes and obtaining index values for each of the asset classes; (b) determining a performance value for each of the asset classes based on the index values for a starting time period and at least three subsequent time periods for each asset class; (c) comparing the performance value of each asset class to one another and ranking the asset classes based on their performance values; and (d) allocating the investment assets among the asset classes based on the ranking of the asset classes.
    Type: Grant
    Filed: August 23, 2002
    Date of Patent: February 5, 2008
    Inventor: Donald O. Taylor