Patents by Inventor Burt Gutterman

Burt Gutterman 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).

  • Publication number: 20090234767
    Abstract: In accordance with the principles of the present invention, a cost-based financial product is provided. The cost-based financial product is created at a front end that differentiates at the access level, thereby providing two distinct products—one evolving from direct arbitrage; the other an indigenous copy—that are essentially the same that can flow separately into different service entities. A fixed yield or amount of supply of a first component is divided into a variable yield of a second component that represents the cost basis relationship sought, thereby creating a partial supply devisor quotient scale—a new scale of cost unit change that becomes the new price array on the front end. A front-end application ladder can be created by substituting a price per divisor supply (whether shares of stock, bushels of grain, etc.) quotient scale for the matrix price array of the cost component to accept the expanding or contracting value of the gross changes of the cost product value.
    Type: Application
    Filed: March 12, 2008
    Publication date: September 17, 2009
    Inventors: J. Peter Steidlmayer, Keith D. Bronstein, Burt Gutterman, Leslie Rosenthal
  • Publication number: 20070055608
    Abstract: The trading rights facility of the present invention comprises guaranteeing an access for the quantity and price of a potential imbalanced or complex order, which price is acceptable to both the buyer and the seller, and to the market as a whole; and agreeing to fully deliver the quantities at the discovered price within a pre-set delayed time frame. In effect, the trading rights facility of the present invention creates a secondary “liquidity base” that augments the ordinary access liquidity base, and allows for that initial liquidity base to remain untouched by the complex order itself, which is in sharp contrast to current experience where it would take all and ask for more. The initial liquidity base would be there to cushion the access community. The complex access would be at a premium to current market price and would be competitively bid in relation to the whole of the initial liquidity base environment. The trading rights facility of the present invention ensures the transparency of all operations.
    Type: Application
    Filed: March 16, 2006
    Publication date: March 8, 2007
    Inventors: J. Steidlmayer, Keith Bronstein, Burt Gutterman
  • Publication number: 20070050278
    Abstract: The trading rights facility of the present invention comprises guaranteeing an access for the quantity and price of a potential imbalanced or complex order, which price is acceptable to both the buyer, the seller, and the market as a whole; and agreeing to fully deliver the quantities at the discovered price within a pre-set delayed time frame. In effect, the trading rights facility of the present invention creates a secondary “liquidity base” that augments the ordinary access liquidity base, and allows for that initial liquidity base to remain untouched by the complex order itself, which is in sharp contrast to current experience where it would take all and ask for more. The initial liquidity base would be there to cushion the access community. The complex access would be at a premium to current market price and would be competitively bid in relation to the whole of the initial liquidity base environment. The trading rights facility of the present invention ensures the transparency of all operations.
    Type: Application
    Filed: August 24, 2005
    Publication date: March 1, 2007
    Inventors: J. Steidlmayer, Keith Bronstein, Burt Gutterman