Patents by Inventor Chris Nikkel

Chris Nikkel 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).

  • System and method for automated commodities transactions including an automatic hedging function
    Patent number: 7742979
    Abstract: An integrated virtual market is provided that facilitates communication between the producers of a given commodity and the parties wishing to purchase such commodities. This system provides real-time updated information about local pricing being offered by those purchasers. In addition, those producers can post offers that can automatically be accepted by purchasers and have contracts automatically generated. An important consideration from a purchaser's prospective is minimizing the risk associated with making such transactions. Due to this, futures contracts are often obtained. The virtual market system of the present inventions automatically requests and obtains futures contracts to hedge the contracts being generated.
    Type: Grant
    Filed: June 6, 2008
    Date of Patent: June 22, 2010
    Assignee: Farms Technology, LLC
    Inventors: Gary Reding, Kent Beadle, Chris Nikkel, Mark Schulze, Walker Humphries, Dave Womeldorf, David Clark, Scott Cerreta, Carl Ozkaynak, Julia A. Granada Rodriguez
  • SYSTEM AND METHOD FOR AUTOMATED COMMODITIES TRANSACTIONS INCLUDING AN AUTOMATIC HEDGING FUNCTION
    Publication number: 20080301034
    Abstract: An integrated virtual market is provided that facilitates communication between the producers of a given commodity and the parties wishing to purchase such commodities. This system provides real-time updated information about local pricing being offered by those purchasers. In addition, those producers can post offers that can automatically be accepted by purchasers and have contracts automatically generated. An important consideration from a purchaser's prospective is minimizing the risk associated with making such transactions. Due to this, futures contracts are often obtained. The virtual market system of the present inventions automatically requests and obtains futures contracts to hedge the contracts being generated.
    Type: Application
    Filed: June 6, 2008
    Publication date: December 4, 2008
    Applicant: FARMS TECHNOLOGY, LLC
    Inventors: GARY REDING, KENT BEADLE, CHRIS NIKKEL, MARK SCHULZE, WALKER HUMPHRIES, DAVE WOMELDORF, DAVID CLARK, SCOTT CERRETA, CARL OZKAYNAK, JULIA A. GRANADA RODRIGUEZ
  • System and method for automated commodities transactions including an automatic hedging function
    Patent number: 7418423
    Abstract: An integrated virtual market is provided that facilitates communication between the producers of a given commodity and the parties wishing to purchase such commodities. This system provides real-time updated information about local pricing being offered by those purchasers. In addition, those producers can post offers that can automatically be accepted by purchasers and have contracts automatically generated. An important consideration from a purchaser's prospective is minimizing the risk associated with making such transactions. Due to this, futures contracts are often obtained. The virtual market system of the present inventions automatically requests and obtains futures contracts to hedge the contracts being generated.
    Type: Grant
    Filed: June 17, 2004
    Date of Patent: August 26, 2008
    Assignee: Farms Technology, LLC
    Inventors: Gary Reding, Kent Beadle, Chris Nikkel, Mark Schulze, Walker Humphries, Dave Womeldorf, David Clark, Scott Cerreta, Carl Ozkaynak, Julia A. Granada Rodriguez
  • System and method for automated commodities transactions including an automatic hedging function
    Publication number: 20040230520
    Abstract: An integrated virtual market is provided that facilitates communication between the producers of a given commodity and the parties wishing to purchase such commodities. This system provides real-time updated information about local pricing being offered by those purchasers. In addition, those producers can post offers that can automatically be accepted by purchasers and have contracts automatically generated. An important consideration from a purchaser's prospective is minimizing the risk associated with making such transactions. Due to this, futures contracts are often obtained. The virtual market system of the present inventions automatically requests and obtains futures contracts to hedge the contracts being generated.
    Type: Application
    Filed: June 17, 2004
    Publication date: November 18, 2004
    Inventors: Gary Reding, Kent Beadle, Chris Nikkel, Mark Schulze, Walker Humphries, Dave Womeldorf, David Clark, Scott Cerreta, Carl Ozkaynak, Julia A. Granada Rodriguez
  • System and method for automated commodities transactions including an automatic hedging function
    Publication number: 20020046127
    Abstract: An integrated virtual market is provided that facilitates communication between the producers of a given commodity and the parties wishing to purchase such commodities. This system provides real-time updated information about local pricing being offered by those purchasers. In addition, those producers can post offers that can automatically be accepted by purchasers and have contracts automatically generated. An important consideration from a purchaser's prospective is minimizing the risk associated with making such transactions. Due to this, futures contracts are often obtained. The virtual market system of the present inventions automatically requests and obtains futures contracts to hedge the contracts being generated.
    Type: Application
    Filed: April 13, 2001
    Publication date: April 18, 2002
    Inventors: Gary Reding, Kent Beadle, Chris Nikkel, Mark Schulze, Walker Humphries, Dave Womeldorf, David Clark, Scott Cerreta, Carl Ozkaynak, Julia A. Granada Rodriguez