Patents by Inventor Geoff Kratz

Geoff Kratz 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).

  • Electronic block trading system and method of operation
    Patent number: 8380612
    Abstract: A system and method are described and disclosed that are used for effecting large block trades of securities in an automated and anonymous matter in which fair pricing is carried out using features of the National Best Buy Offer (“NBBO”). The automated trading the system and method also will carry out negotiations to effect a trade in certain circumstances, though the preferred method of effecting trades is by automated trading. However, regardless of the trading method, anonymity of the trading counterparties is preserved. The system and method also tests the NBBO for each of the traded securities to ensure it is valid before an automated trade may take place.
    Type: Grant
    Filed: January 27, 2011
    Date of Patent: February 19, 2013
    Assignee: BIDS Trading, L.P.
    Inventors: Paul Hanson, James Bird, James Lee, Mark Beddis, Sik Ngai, Geoff Kratz
  • Electronic Block Trading System and Method of Operation
    Publication number: 20110119176
    Abstract: A system and method are described and disclosed that are used for effecting large block trades of securities in an automated and anonymous matter in which fair pricing is carried out using features of the NBBO. The automated trading the system and method also will carry out negotiations to effect a trade in certain circumstances, though the preferred method of effecting trades is by automated trading. However, regardless of the trading method, anonymity of the trading counterparties is preserved. The system and method also tests the NBBO for each of the traded securities to ensure it is valid before an automated trade may take place.
    Type: Application
    Filed: January 27, 2011
    Publication date: May 19, 2011
    Applicant: BIDS TRADING, L.P.
    Inventors: Paul HANSON, Mark BEDDIS, James BIRD, Geoff KRATZ, James LEE, Sik NGAI
  • Electronic block trading system and method of operation
    Patent number: 7890417
    Abstract: A system and method are described and disclosed that are used for effecting large block trades of securities in an automated and anonymous matter in which fair pricing is carried out using features of the NBBO. The automated trading the system and method also will carry out negotiations to effect a trade in certain circumstances, though the preferred method of effecting trades is by automated trading. However, regardless of the trading method, anonymity of the trading counterparties is preserved. The system and method also tests the NBBO for each of the traded securities to ensure it is valid before an automated trade may take place.
    Type: Grant
    Filed: January 31, 2008
    Date of Patent: February 15, 2011
    Assignee: BIDS Trading, L.P.
    Inventors: Paul Hanson, Mark Beddis, James Bird, Geoff Kratz, James Lee, Sik Ngai
  • ELECTRONIC BLOCK TRADING SYSTEM AND METHOD OF OPERATION
    Publication number: 20090006266
    Abstract: A system and method are described and disclosed that are used for effecting large block trades of securities in an automated and anonymous matter in which fair pricing is carried out using features of the NBBO. The automated trading the system and method also will carry out negotiations to effect a trade in certain circumstances, though the preferred method of effecting trades is by automated trading. However, regardless of the trading method, anonymity of the trading counterparties is preserved. The system and method also tests the NBBO for each of the traded securities to ensure it is valid before an automated trade may take place.
    Type: Application
    Filed: January 31, 2008
    Publication date: January 1, 2009
    Inventors: Paul Hanson, Mark Beddis, James Bird, Geoff Kratz, James Lee, Sik Ngai