Patents by Inventor Frank Stone

Frank Stone 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: 20130297480
    Abstract: A computer network and method for electronically trading derivatives. The system includes networks and methods where a control or network managing station in the network acts as a facilitator for the market makers and subscribers to make a trade at an Exchange. In another embodiment the network managing station consummates the trade between a market maker and a subscriber by matching binding quotes and orders and clears the trade at an Exchange. The computer network for electronically trading derivative comprises: (a) network managing station; (b) one or more market maker stations; (c) one or more subscriber stations; (d) one or more Exchanges. The network managing station connects market makers and subscribers for making real time indicative quotes, issuing requests for quotes, obtaining binding quotes and wherein the market maker and subscriber are in communication with an Exchange for sending binding quotes and orders to the Exchange for clearing and confirming transactions.
    Type: Application
    Filed: April 25, 2013
    Publication date: November 7, 2013
    Inventors: Neal Brady, Noah Carey, William R. Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Patent number: 8484103
    Abstract: A computer network and method for electronically trading derivatives. The system includes networks and methods where a control or network managing station in the network acts as a facilitator for the market makers and subscribers to make a trade at an Exchange. In another embodiment the network managing station consummates the trade between a market maker and a subscriber by matching binding quotes and orders and clears the trade at an Exchange. The computer network for electronically trading derivative comprises: (a) network managing station; (b) one or more market maker stations; (c) one or more subscriber stations; (d) one or more Exchanges. The network managing station connects market makers and subscribers for making real time indicative quotes, issuing requests for quotes, obtaining binding quotes and wherein the market maker and subscriber are in communication with an Exchange for sending binding quotes and orders to the Exchange for clearing and confirming transactions.
    Type: Grant
    Filed: April 6, 2010
    Date of Patent: July 9, 2013
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Neal Brady, Noah Carey, William R. Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Patent number: 7818248
    Abstract: A computer network and method for electronically trading derivatives. The system includes networks and methods where a control or network managing station in the network acts as a facilitator for the market makers and subscribers to make a trade at an Exchange. In another embodiment the network managing station consummates the trade between a market maker and a subscriber by matching binding quotes and orders and clears the trade at an Exchange. The computer network for electronically trading derivative comprises: (a) network managing station; (b) one or more market maker stations; (c) one or more subscriber stations; (d) one or more Exchanges. The network managing station connects market makers and subscribers for making real time indicative quotes, issuing requests for quotes, obtaining binding quotes and wherein the market maker and subscriber are in communication with an Exchange for sending binding quotes and orders to the Exchange for clearing and confirming transactions.
    Type: Grant
    Filed: October 1, 2007
    Date of Patent: October 19, 2010
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Neal Brady, Noah Carey, William R. Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Publication number: 20100191643
    Abstract: A computer network and method for electronically trading derivatives. The system includes networks and methods where a control or network managing station in the network acts as a facilitator for the market makers and subscribers to make a trade at an Exchange. In another embodiment the network managing station consummates the trade between a market maker and a subscriber by matching binding quotes and orders and clears the trade at an Exchange. The computer network for electronically trading derivative comprises: (a) network managing station; (b) one or more market maker stations; (c) one or more subscriber stations; (d) one or more Exchanges. The network managing station connects market makers and subscribers for making real time indicative quotes, issuing requests for quotes, obtaining binding quotes and wherein the market maker and subscriber are in communication with an Exchange for sending binding quotes and orders to the Exchange for clearing and confirming transactions.
    Type: Application
    Filed: April 6, 2010
    Publication date: July 29, 2010
    Inventors: Neal Brady, Noah Carey, William R. Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Patent number: 7337140
    Abstract: A computer network and method for electronically trading derivatives. The system includes networks and methods where a control or network managing station in the network acts as a facilitator for the market makers and subscribers to make a trade at an Exchange. In another embodiment the network managing station consummates the trade between a market maker and a subscriber by matching binding quotes and orders and clears the trade at an Exchange. The computer network for electronically trading derivative uses: (a) network managing station; (b) one or more market maker stations; (c) one or more subscriber stations; (d) one or more Exchanges. The network managing station connects market makers and subscribers for making real time indicative quotes, issuing requests for quotes, obtaining binding quotes and wherein the market maker and subscriber are in communication with an Exchange for sending binding quotes and orders to the Exchange for clearing and confirming transactions.
    Type: Grant
    Filed: October 30, 2001
    Date of Patent: February 26, 2008
    Assignee: Chicago Mercantile Exchange, Inc.
    Inventors: Neal Brady, Noah Carey, William R. Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Publication number: 20080027851
    Abstract: A computer network and method for electronically trading derivatives. The system includes networks and methods where a control or network managing station in the network acts as a facilitator for the market makers and subscribers to make a trade at an Exchange. In another embodiment the network managing station consummates the trade between a market maker and a subscriber by matching binding quotes and orders and clears the trade at an Exchange. The computer network for electronically trading derivative comprises: (a) network managing station; (b) one or more market maker stations; (c) one or more subscriber stations; (d) one or more Exchanges. The network managing station connects market makers and subscribers for making real time indicative quotes, issuing requests for quotes, obtaining binding quotes and wherein the market maker and subscriber are in communication with an Exchange for sending binding quotes and orders to the Exchange for clearing and confirming transactions.
    Type: Application
    Filed: October 1, 2007
    Publication date: January 31, 2008
    Inventors: Neal Brady, Noah Carey, William Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Patent number: 7272580
    Abstract: A computer network and method for electronically trading derivatives. One preferred method of trading includes providing indicative quotes to market participants (which typically includes subscribers, but may also include market makers) to provide a non-binding indication of how the market makers are likely to price the particular derivative. A participant may then submit an RFQ, which is a request for a binding quote for the derivative. The RFQ preferably causes the current order book to be displayed on all subscribers' terminals, typically in the form of a row indicating the derivative of interest along with the current binding bid and binding ask prices. The indicative bid and ask prices may also be displayed, as well as the quantity (if any) requested in the RFQ. Market participants may then elect to submit an order for the corresponding derivative. Typically, the market participants will await an indication that a market maker has submitted a binding quote.
    Type: Grant
    Filed: December 28, 2006
    Date of Patent: September 18, 2007
    Assignee: Chicago Mercantile Exchange, Inc.
    Inventors: Neal Brady, Noah Carey, William R. Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Publication number: 20070118462
    Abstract: A computer network and method for electronically trading derivatives. One preferred method of trading includes providing indicative quotes to market participants (which typically includes subscribers, but may also include market makers) to provide a non-binding indication of how the market makers are likely to price the particular derivative. A participant may then submit an RFQ, which is a request for a binding quote for the derivative. The RFQ preferably causes the current order book to be displayed on all subscribers' terminals, typically in the form of a row indicating the derivative of interest along with the current binding bid and binding ask prices. The indicative bid and ask prices may also be displayed, as well as the quantity (if any) requested in the RFQ. Market participants may then elect to submit an order for the corresponding derivative. Typically, the market participants will await an indication that a market maker has submitted a binding quote.
    Type: Application
    Filed: December 28, 2006
    Publication date: May 24, 2007
    Inventors: Neal Brady, Noah Carey, William Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Patent number: 7197483
    Abstract: A computer network and method for electronically trading derivatives. One preferred method of trading includes providing indicative quotes to market participants (which typically includes subscribers, but may also include market makers) to provide a non-binding indication of how the market makers are likely to price the particular derivative. A participant may then submit an RFQ, which is a request for a binding quote for the derivative. The RFQ preferably causes the current order book to be displayed on all subscribers' terminals, typically in the form of a row indicating the derivative of interest along with the current binding bid and binding ask prices. The indicative bid and ask prices may also be displayed, as well as the quantity (if any) requested in the RFQ. Market participants may then elect to submit an order for the corresponding derivative. Typically, the market participants will await an indication that a market maker has submitted a binding quote.
    Type: Grant
    Filed: October 15, 2003
    Date of Patent: March 27, 2007
    Assignee: Chicago Mercantile Exchange
    Inventors: Neal Brady, Noah Carey, William Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Patent number: 7114607
    Abstract: A preferred embodiment of a method for operating a vertical accumulating conveyor system is disclosed. The method includes loading of a workpiece onto a pallet assembly of a conveyor system. The workpiece may be either loaded manually or automatically using a robotic loader or other similar apparatus. The pallet assembly carrying the workpiece is moved by the conveyor system to a workstation where the pallet is stopped to allow a manufacturing operation to be performed on the workpiece. Rather than removing the workpiece from the conveyor system in order the perform the manufacturing operation, the operation is performed with the workpiece loaded on the conveyor system. Upon completion of the manufacturing operation, the pallet assembly is released from the workstation and allowed to be transported by the conveyor system to the next workstation.
    Type: Grant
    Filed: November 12, 2004
    Date of Patent: October 3, 2006
    Assignee: Die-Mation Engineering Co.
    Inventor: Frank A. Stone
  • Publication number: 20050281006
    Abstract: A latch mechanism (1200) comprises a resilient wire (404) supported proximate its first end (412) and second end (414) by a support structure (406). The latch mechanism (1200) also includes one or more hook shaped catches (218) that have cammed outer surfaces (302) and wire engaging openings (304). To engage the latch mechanism (1200) the resilient wire (404) is urged against the cammed outer surfaces (302) bending the resilient wire (404) and allowing the resilient wire to rebound into the wire engaging openings (304). To disengage the latch mechanism the resilient wire (404) is deflected, e.g., by pushing a moveable manual actuator (408) that is engaged with the wire, in order to release the resilient wire (404) from the wire engaging openings (304) of the catches (218).
    Type: Application
    Filed: June 21, 2004
    Publication date: December 22, 2005
    Inventors: Frank Stone, Joseph Allore, Anthony Richter
  • Publication number: 20050282595
    Abstract: Folding wireless communication devices (100, 700) comprise first parts (102, 1002) that are rotatably coupled to second parts (104, 1104). The first parts (102, 1002) can be moved from first positions in which the first parts (102, 1002) overlie the second parts (104, 1104) to second positions in which the first parts (102, 1002) extend upward away from the second parts (104, 1104). The first parts (102, 1002) comprise one or more buttons (302, 304, 306, 308 1010, 1012), e.g., a pair of directional buttons, such as “UP” and “DOWN” control buttons (302, 304, 1010, 1012). Hardware and/or software is used to change the function of the buttons (302, 304, 306, 308 1010, 1012) depending on the position of the first parts (102, 1002).
    Type: Application
    Filed: June 21, 2004
    Publication date: December 22, 2005
    Inventors: Michael Spence, John Dabbeekeh, Frank Stone
  • Publication number: 20050282593
    Abstract: Folding wireless communication devices incorporate a two-part housing, which includes a first part that is rotatably coupled to a second part. The overall depth of the device is reduced by adjusting the mechanical layout and component placement relative to one another, wherein previously stacked components have been reordered. More specifically, the hinge, the battery, and the communication and control circuitry have been organized so as to be in the same horizontal plane, and so as to not overlap in a vertical direction.
    Type: Application
    Filed: June 21, 2004
    Publication date: December 22, 2005
    Inventors: Michael Spence, Joseph Allore, John Dabbeckeh, Roger Jellicoe, Frank Stone, Simon Vollmer, Gary Weiss
  • Publication number: 20050115797
    Abstract: A preferred embodiment of a method for operating a vertical accumulating conveyor system is disclosed. The method includes loading of a workpiece onto a pallet assembly of a conveyor system. The workpiece may be either loaded manually or automatically using a robotic loader or other similar apparatus. The pallet assembly carrying the workpiece is moved by the conveyor system to a workstation where the pallet is stopped to allow a manufacturing operation to be performed on the workpiece. Rather than removing the workpiece from the conveyor system in order the perform the manufacturing operation, the operation is performed with the workpiece loaded on the conveyor system. Upon completion of the manufacturing operation, the pallet assembly is released from the workstation and allowed to be transported by the conveyor system to the next workstation.
    Type: Application
    Filed: November 12, 2004
    Publication date: June 2, 2005
    Inventor: Frank Stone
  • Publication number: 20040199453
    Abstract: A computer network and method for electronically trading derivatives. One preferred method of trading includes providing indicative quotes to market participants (which typically includes subscribers, but may also include market makers) to provide a non-binding indication of how the market makers are likely to price the particular derivative. A participant may then submit an RFQ, which is a request for a binding quote for the derivative. The RFQ preferably causes the current order book to be displayed on all subscribers' terminals, typically in the form of a row indicating the derivative of interest along with the current binding bid and binding ask prices. The indicative bid and ask prices may also be displayed, as well as the quantity (if any) requested in the RFQ. Market participants may then elect to submit an order for the corresponding derivative. Typically, the market participants will await an indication that a market maker has submitted a binding quote.
    Type: Application
    Filed: October 15, 2003
    Publication date: October 7, 2004
    Applicant: Liquidity Direct Technology, LLC
    Inventors: Neal Brady, Noah Carey, William Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Patent number: 6568525
    Abstract: An endless roller chain conveyor supports pallets, which independently travel along the horizontal runs of the conveyor, while the roller chain runs continuously. The pallets are attached in a vertical position and may be stopped and held anywhere along the conveyor using mechanically driven stop assemblies located at required load, unload, holdback, or workstation positions assigned to the particular application. The carriers or pallets are driven on the roller chain by way of a guided sprocket, adjustable clutch, alignment bar, and support roller assemblies. The pallets are guided by “V” grooved wheels or other roller or wheel arrangement securing the pallet to a track assembly fitted to the upper support structure which creates a continuous track which allows pallets to travel in a “carousel” fashion. Vertical-type pallets allow for the transport of long products as well as parts commonly carried on the horizontal style of the conveyor.
    Type: Grant
    Filed: May 10, 2001
    Date of Patent: May 27, 2003
    Assignee: Inno-Veyor, Inc.
    Inventors: Frank A. Stone, Scott P. Bethke, Brian R. Dana
  • Publication number: 20020166750
    Abstract: An endless roller chain conveyor supports pallets, which independently travel along the horizontal runs of the conveyor, while the roller chain runs continuously. The pallets are attached in a vertical position and may be stopped and held anywhere along the conveyor using mechanically driven stop assemblies located at required load, unload, holdback, or workstation positions assigned to the particular application. The carriers or pallets are driven on the roller chain by way of a guided sprocket, adjustable clutch, alignment bar, and support roller assemblies. The pallets are guided by “V” grooved wheels or other roller or wheel arrangement securing the pallet to a track assembly fitted to the upper support structure which creates a continuous track which allows pallets to travel in a “carousel” fashion. Vertical-type pallets allow for the transport of long products as well as parts commonly carried on the horizontal style of the conveyor.
    Type: Application
    Filed: May 10, 2001
    Publication date: November 14, 2002
    Applicant: Inno-veyor, Inc.
    Inventors: Scott P. Bethke, Brian R. Dana, Frank A. Stone
  • Patent number: 6464066
    Abstract: An endless roller chain conveyor of the over/under type supporting carriers or pallets which independently travel along the horizontal runs of the conveyor upon demand, while the roller chain is allowed to continuously run at a constant speed. The chains are commercially available multi-strand roller chain. The carriers or pallets may be stopped and held along the horizontal runs of the conveyor (both top and bottom) using mechanically driven stop assemblies located at required load, unload, holdback, or workstation positions assigned to the particular application. The carriers or pallets are driven on the roller chains by way of guide sprockets, alignment bars, and support rollers. The guide sprockets are attached to an adjustable clutch assembly of the type, which allows for adjustment of the rolling resistance to accommodate the particular load requirements of the specific application for a particular machine.
    Type: Grant
    Filed: April 3, 2001
    Date of Patent: October 15, 2002
    Assignee: Inno-veyor, Inc.
    Inventors: Scott P. Bethke, Brian R. Dana, Frank A. Stone
  • Publication number: 20020128955
    Abstract: A computer network and method for electronically trading derivatives. The system includes networks and methods where a control or network managing station in the network acts as a facilitator for the market makers and subscribers to make a trade at an Exchange. In another embodiment the network managing station consummates the trade between a market maker and a subscriber by matching binding quotes and orders and clears the trade at an Exchange. The computer network for electronically trading derivative comprises: (a) network managing station; (b) one or more market maker stations; (c) one or more subscriber stations; (d) one or more Exchanges. The network managing station connects market makers and subscribers for making real time indicative quotes, issuing requests for quotes, obtaining binding quotes and wherein the market maker and subscriber are in communication with an Exchange for sending binding quotes and orders to the Exchange for clearing and confirming transactions.
    Type: Application
    Filed: October 30, 2001
    Publication date: September 12, 2002
    Applicant: Liquidity Direct
    Inventors: Neal Brady, Noah Carey, William R. Erwin, John Gilmore, Michael Quattrocki, Frank Stone, Mark Thornburgh
  • Patent number: 6415906
    Abstract: An endless roller chain conveyor of the over/under type supporting carriers or pallets which independently travel along the horizontal runs of the conveyor upon demand, while the roller chain is allowed to continuously run at a constant speed. The chains are multi-strand roller chains. The carriers or pallets may be stopped and held along the horizontal runs of the conveyor (both top and bottom) using mechanically driven stop assemblies located at required load, unload, holdback, or workstation positions assigned to the particular application. The carriers or pallets are driven on the roller chains by way of guide sprockets, alignment bars, and support rollers. The guide sprockets are attached to an adjustable clutch assembly of the type which allows for adjustment of the rolling resistance to accommodate the particular load requirements of the specific application for a particular machine.
    Type: Grant
    Filed: March 22, 2001
    Date of Patent: July 9, 2002
    Assignee: Inno-veyor, Inc.
    Inventors: Scott P. Bethke, Brian R. Dana, Frank A. Stone