Patents by Inventor Daniel B. Franks

Daniel B. Franks 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).

  • Order processing for automated market system
    Patent number: 8301539
    Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.
    Type: Grant
    Filed: July 9, 2001
    Date of Patent: October 30, 2012
    Assignee: The Nasdaq OMX Group, Inc.
    Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn
  • Directed order processing for automated market system
    Patent number: 8296216
    Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.
    Type: Grant
    Filed: July 9, 2001
    Date of Patent: October 23, 2012
    Assignee: The NASDAQ OMX Group, Inc.
    Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn
  • Automated market system preferenced orders
    Publication number: 20030009413
    Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.
    Type: Application
    Filed: July 9, 2001
    Publication date: January 9, 2003
    Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn
  • Order processing for automated market system
    Publication number: 20030009412
    Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.
    Type: Application
    Filed: July 9, 2001
    Publication date: January 9, 2003
    Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn
  • Directed order processing for automated market system
    Publication number: 20030009414
    Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.
    Type: Application
    Filed: July 9, 2001
    Publication date: January 9, 2003
    Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn
  • Order execution processing for automated market system
    Publication number: 20020073016
    Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.
    Type: Application
    Filed: July 3, 2001
    Publication date: June 13, 2002
    Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn