Patents by Inventor Howard Lutnick

Howard Lutnick 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: 20070191085
    Abstract: One or more inputs, such as one or more cards from a deck of cards, to a card game are determined from one or more event results from a sporting event. A result of the card game is based at least on the one or more determined inputs.
    Type: Application
    Filed: January 17, 2007
    Publication date: August 16, 2007
    Inventors: Joseph Asher, Howard Lutnick
  • Publication number: 20070187889
    Abstract: One or more inputs, such as a roll of one or more die, to a craps game are determined from one or more event results from a sporting event. A result of the craps game is based at least on the one or more determined inputs.
    Type: Application
    Filed: January 17, 2007
    Publication date: August 16, 2007
    Inventors: Joseph Asher, Howard Lutnick
  • Publication number: 20070184892
    Abstract: One or more inputs, such as one or more results of spins of one or more slot machine reels, to a slots game are determined from one or more event results from a sporting event. A result of the slots game is based at least on the one or more determined inputs.
    Type: Application
    Filed: January 17, 2007
    Publication date: August 9, 2007
    Inventors: Joseph Asher, Howard Lutnick
  • Publication number: 20070184888
    Abstract: An input, such as a result of a roulette spin, to a roulette game is determined from one or more event results from a sporting event. A result of the roulette game is based at least on the determined input.
    Type: Application
    Filed: January 17, 2007
    Publication date: August 9, 2007
    Inventors: Joseph Asher, Howard Lutnick
  • Publication number: 20070143192
    Abstract: A request is received from a first consumer to sell at least one ticket, in which a provider of the ticket may have authorized the ticket to be sold. Information regarding the ticket may then be presented to at least a second consumer, who may make an indication to purchase the ticket. Thereafter, the first and second consumers each may be charged a fee in connection with a sale of the ticket to the second consumer.
    Type: Application
    Filed: March 1, 2007
    Publication date: June 21, 2007
    Inventors: Stuart Fraser, Philip Ginsberg, Glenn Kirwin, Howard Lutnick
  • Publication number: 20070143193
    Abstract: A request is received from a first consumer to sell at least one ticket, in which a provider of the ticket may have authorized the ticket to be sold. Information regarding the ticket may then be presented to at least a second consumer, who may make an indication to purchase the ticket. Thereafter, an inducement may be paid to the provider of the ticket in connection with a sale of the ticket to the second consumer.
    Type: Application
    Filed: March 1, 2007
    Publication date: June 21, 2007
    Inventors: Stuart Fraser, Philip Ginsberg, Glenn Kirwin, Howard Lutnick
  • Publication number: 20070143194
    Abstract: A request is received from a first consumer to sell at least one ticket, in which a provider of the ticket has authorized the ticket to be sold. Information regarding the ticket may then be presented to at least a second consumer, who may make an indication to purchase the ticket.
    Type: Application
    Filed: March 1, 2007
    Publication date: June 21, 2007
    Inventors: Stuart Fraser, Philip Ginsberg, Glenn Kirwin, Howard Lutnick
  • Publication number: 20070130056
    Abstract: Systems and methods for improving the liquidity and distribution network for luxury and other illiquid items are provided. These systems and methods preferably include the trading of futures and options contracts, which will provide the liquidity and distribution network for luxury items. Possible embodiments of these systems and methods include the trading of futures and options contracts for diamonds and wine. Another embodiment of this invention preferably includes generating indexes for diamond prices, wine prices, luxury item prices, housing values, mortgage prepayments, privately-held companies or for anything with from sufficiently liquid points of value. Another embodiment of this invention preferably includes a centralized data base for retrieving closing and current auction prices for determining the value of, and best method for the auctioning of various items. The data provided by this data base would improve liquidity by creating greater price transparency.
    Type: Application
    Filed: February 5, 2007
    Publication date: June 7, 2007
    Inventors: Timothy Heaton, Howard Lutnick
  • Publication number: 20070130055
    Abstract: Systems and methods for improving the liquidity and distribution network for luxury and other illiquid items are provided. These systems and methods preferably include the trading of futures and options contracts, which will provide the liquidity and distribution network for luxury items. Possible embodiments of these systems and methods include the trading of futures and options contracts for diamonds and wine. Another embodiment of this invention preferably includes generating indexes for diamond prices, wine prices, luxury item prices, housing values, mortgage prepayments, privately-held companies or for anything with from sufficiently liquid points of value. Another embodiment of this invention preferably includes a centralized data base for retrieving closing and current auction prices for determining the value of, and best method for the auctioning of various items. The data provided by this data base would improve liquidity by creating greater price transparency.
    Type: Application
    Filed: February 5, 2007
    Publication date: June 7, 2007
    Inventors: Timothy Heaton, Howard Lutnick
  • Publication number: 20070130050
    Abstract: A system for managing trading orders comprises a memory operable to store a first trading order for a particular trading product, wherein the first trading order comprises a display portion and a reserve portion and is received from a first trader. The memory is further operable to store a second trading order for the particular trading product, wherein the second trading order comprises a display portion and a reserve portion and the second trading order is received from a second trader after the first trading order. The system further comprises a processor communicatively coupled to the memory and operable to receive from a counterparty trader a counterorder for the trading product. The processor is further operable to use the counterorder to fill the display portion of the first trading order. The processor is further operable to use the counterorder to fill the display portion of the second trading order.
    Type: Application
    Filed: August 3, 2006
    Publication date: June 7, 2007
    Inventors: Matthew Claus, Kevin Foley, Joseph Noviello, Howard Lutnick
  • Publication number: 20070130057
    Abstract: Systems and methods for improving the liquidity and distribution network for luxury and other illiquid items are provided. These systems and methods preferably include the trading of futures and options contracts, which will provide the liquidity and distribution network for luxury items. Possible embodiments of these systems and methods include the trading of futures and options contracts for diamonds and wine. Another embodiment of this invention preferably includes generating indexes for diamond prices, wine prices, luxury item prices, housing values, mortgage prepayments, privately-held companies or for anything with from sufficiently liquid points of value. Another embodiment of this invention preferably includes a centralized data base for retrieving closing and current auction prices for determining the value of, and best method for the auctioning of various items. The data provided by this data base would improve liquidity by creating greater price transparency.
    Type: Application
    Filed: February 5, 2007
    Publication date: June 7, 2007
    Inventors: Timothy Heaton, Howard Lutnick
  • Publication number: 20070130047
    Abstract: An apparatus for submitting trading orders comprises a memory and a processor. The memory stores a default value associated with a trader, and a trading order associated with the trader. The trading order comprises a total quantity of a product. The processor is coupled to the memory and determines a displayed quantity based on the default value. The processor determines a reserved quantity based on the determined displayed quantity and the total quantity. The processor communicates the trading order having the determined displayed quantity and the determined reserved quantity.
    Type: Application
    Filed: August 4, 2006
    Publication date: June 7, 2007
    Inventors: Matthew Claus, Kevin Foley, Joseph Noviello, Howard Lutnick
  • Publication number: 20070130038
    Abstract: Systems and methods for improving the liquidity and distribution network for luxury and other illiquid items are provided. These systems and methods preferably include the trading of futures and options contracts, which will provide the liquidity and distribution network for luxury items. Possible embodiments of these systems and methods include the trading of futures and options contracts for diamonds and wine. Another embodiment of this invention preferably includes generating indexes for diamond prices, wine prices, luxury item prices, housing values, mortgage prepayments, privately-held companies or for anything with from sufficiently liquid points of value. Another embodiment of this invention preferably includes a centralized data base for retrieving closing and current auction prices for determining the value of, and best method for the auctioning of various items. The data provided by this data base would improve liquidity by creating greater price transparency.
    Type: Application
    Filed: February 5, 2007
    Publication date: June 7, 2007
    Inventors: Timothy Heaton, Howard Lutnick
  • Publication number: 20070130048
    Abstract: An apparatus for processing trading orders comprises a memory and a processor. The memory stores a first order and a second order. The first order is associated with a product and comprises a displayed quantity and a reserved quantity. The second order is associated with the product and comprises a displayed quantity and a reserved quantity. The processor is coupled to the memory and receives a counterorder associated with the product. The processor fills the displayed quantity of the first order with a corresponding portion of the counterorder, and fills the displayed quantity of the second order with a corresponding portion of the counterorder. The processor allocates a first additional portion of the counterorder to the first order. The first additional portion is based at least in part on a ratio of the displayed quantity of the first order to a sum of the displayed quantity of the first order and the displayed quantity of the second order.
    Type: Application
    Filed: August 3, 2006
    Publication date: June 7, 2007
    Inventors: Matthew Claus, Kevin Foley, Joseph Noviello, Howard Lutnick
  • Publication number: 20070130049
    Abstract: A system for replenishing trading orders comprises a memory coupled to a processor. The memory stores a trading order comprising a total quantity of a product, and at least one formula to determine a displayed quantity for the trading order. The processor applies the formula to determine the displayed quantity. The processor further determines a reserved quantity based on the determined displayed quantity and the total quantity. The processor communicates the trading order having the determined displayed quantity and the determined reserved quantity.
    Type: Application
    Filed: August 3, 2006
    Publication date: June 7, 2007
    Inventors: Matthew Claus, Kevin Foley, Joseph Noviello, Howard Lutnick
  • Publication number: 20070100737
    Abstract: A trading system allows a trader and/or counterparty to control whether the trader and/or counterparty wants to continue to be able to trade with the other when a pending trade between the trader and counterparty exceeds one or more warning limits.
    Type: Application
    Filed: November 22, 2006
    Publication date: May 3, 2007
    Inventors: Philip Ginsberg, Andrew Gilbert, Howard Lutnick
  • Publication number: 20070088653
    Abstract: A trading system determines whether a pending trade between a trader and a counterparty exceeds one or more warning limits, and may process the pending trade based upon specifications by the trader and counterparty, which specifications indicate how each party wants to process over-warning-limit pending trades.
    Type: Application
    Filed: November 22, 2006
    Publication date: April 19, 2007
    Inventors: Philip Ginsberg, Andrew Gilbert, Howard Lutnick
  • Publication number: 20070066401
    Abstract: A convenience gaming system is provided. The convenience gaming system allows users to access applications via gaming communication devices coupled to a communication network. At least a portion of the network may be wireless. The gaming applications include gambling, financial, entertainment service, and other types of transactions. The system may include a user location determination feature to prevent users from conducting transactions from unauthorized areas.
    Type: Application
    Filed: November 7, 2006
    Publication date: March 22, 2007
    Applicant: CFPH, LLC
    Inventors: Lee Amaitis, Joseph Asher, Howard Lutnick, Darrin Mylet, Alan Wilkins
  • Publication number: 20070066402
    Abstract: A convenience gaming system is provided. The convenience gaming system allows users to access applications via gaming communication devices coupled to a communication network. At least a portion of the network may be wireless. The gaming applications include gambling, financial, entertainment service, and other types of transactions. The system may include a user location determination feature to prevent users from conducting transactions from unauthorized areas.
    Type: Application
    Filed: November 7, 2006
    Publication date: March 22, 2007
    Applicant: CFPH, LLC
    Inventors: Lee Amaitis, Joseph Asher, Howard Lutnick, Darrin Mylet, Alan Wilkins
  • Publication number: 20070060305
    Abstract: A gaming system is provided. The gaming system allows users to access applications via gaming communication devices coupled to a communication network. At least a portion of the network may be wireless. The gaming applications include gambling, financial, entertainment service, and other types of transactions. The system may include a user location determination feature to prevent users from conducting transactions from unauthorized areas. The gaming system may incorporate a user profile feature according to which certain information regarding users of the system may be maintained. Such information can include, without limitation, information relating to preferences, finances, activities participated in by the users, and trends and habits of the users.
    Type: Application
    Filed: August 9, 2005
    Publication date: March 15, 2007
    Inventors: Lee Amaitis, Joseph Asher, Robert Bahrampour, Darrin Mylet, Alan Wilkins, Howard Lutnick