Patents by Inventor Colin Rust

Colin Rust 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).

  • Tool for estimating a cost of a trade
    Publication number: 20060271469
    Abstract: The invention relates to a tool for estimating a pre-trade implementation shortfall for financial instruments. Through evaluating a number of factors, including the size of the order, the average daily volume of the stock, the average bid-ask spread of the stock, the volatility of the stock and the exchange on which the stock trades, the present invention estimates the cost of a trade. Using the disclosed system and method, a trader or fund manager may determine when and how to implement trades of varying size.
    Type: Application
    Filed: August 1, 2006
    Publication date: November 30, 2006
    Applicant: Lehman Brothers Inc.
    Inventor: Colin Rust
  • Tool for estimating a cost of a trade
    Patent number: 7110974
    Abstract: The invention relates to a tool for estimating a pre-trade implementation shortfall for financial instruments. Through evaluating a number of factors, including the size of the order, the average daily volume of the stock, the average bid-ask spread of the stock, the volatility of the stock and the exchange on which the stock trades, the present invention estimates the cost of a trade. Using the disclosed system and method, a trader or fund manager may determine when and how to implement trades of varying size.
    Type: Grant
    Filed: November 3, 2000
    Date of Patent: September 19, 2006
    Assignee: Lehman Brothers Inc
    Inventor: Colin Rust