Patents by Inventor David L. Cleary Neubert

David L. Cleary Neubert 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).

  • Price improvement crossing system
    Patent number: 7912780
    Abstract: A method provided for matching a buy order having a buy order price and a sell order having a sell order price that includes the step of determining if the buy order price is not less than the sell order price. Next, an NBBO price range is identified and it is determined whether the buy order price and the sell order price are within the NBBO range. A midpoint between the buy order price and the sell order price is then calculated. Finally, the buy order and the sell order is matched at the midpoint if the buy order price is not less than the sell order price and the buy order price and the sell order price are within the NBBO range.
    Type: Grant
    Filed: January 20, 2009
    Date of Patent: March 22, 2011
    Assignee: Morgan Stanley
    Inventors: David L Cleary Neubert, John Armstrong
  • Price improvement crossing system
    Patent number: 7558753
    Abstract: A method provided for matching a buy order having a buy order price and a sell order having a sell order price that includes the step of determining if the buy order price is not less than the sell order price. Next, an NBBO price range is identified and it is determined whether the buy order price and the sell order price are within the NBBO range. A midpoint between the buy order price and the sell order price is then calculated. Finally, the buy order and the sell order is matched at the midpoint if the buy order price is not less than the sell order price and the buy order price and the sell order price are within the NBBO range.
    Type: Grant
    Filed: May 30, 2001
    Date of Patent: July 7, 2009
    Assignee: Morgan Stanley
    Inventors: David L. Cleary Neubert, John Armstrong
  • Price improvement crossing system
    Publication number: 20090132412
    Abstract: A method provided for matching a buy order having a buy order price and a sell order having a sell order price that includes the step of determining if the buy order price is not less than the sell order price. Next, an NBBO price range is identified and it is determined whether the buy order price and the sell order price are within the NBBO range. A midpoint between the buy order price and the sell order price is then calculated. Finally, the buy order and the sell order is matched at the midpoint if the buy order price is not less than the sell order price and the buy order price and the sell order price are within the NBBO range.
    Type: Application
    Filed: January 20, 2009
    Publication date: May 21, 2009
    Applicant: Morgan Stanley
    Inventors: David L. Cleary Neubert, John Armstrong
  • Price improvement crossing system
    Publication number: 20020184136
    Abstract: A method provided for matching a buy order having a buy order price and a sell order having a sell order price that includes the step of determining if the buy order price is not less than the sell order price. Next, an NBBO price range is identified and it is determined whether the buy order price and the sell order price are within the NBBO range. A midpoint between the buy order price and the sell order price is then calculated. Finally, the buy order and the sell order is matched at the midpoint if the buy order price is not less than the sell order price and the buy order price and the sell order price are within the NBBO range.
    Type: Application
    Filed: May 30, 2001
    Publication date: December 5, 2002
    Inventors: David L. Cleary Neubert, John Armstrong