Patents by Inventor James Jesse

James Jesse 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).

  • System and method for charging trading commissions for brokerage accounts based on principal of trades
    Patent number: 8498921
    Abstract: Systems and methods for determining a brokerage commission owed by a client of a brokerage firm based on the principal volume (“PV”) of the client's eligible transactions over a time period. The system may comprise: (i) a database storing information about the client's transactions; and (ii) one or more processors in communication with the database. The processor(s) is programmed to determine the client's brokerage commission by: (i) calculating the cumulative PV of transactions made by the client through the brokerage firm over a time period; and (ii) calculating the commission for a billing time period based on the calculated cumulative PV. The applicable commission may be determined based on a tiered marginal commission rate schedule.
    Type: Grant
    Filed: June 30, 2008
    Date of Patent: July 30, 2013
    Assignee: Morgan Stanley Smith Barney Holdings LLC
    Inventors: Karyn Nordstrom, Angel Fung, James Jesse, Peter Barsoom, Uday Shankar, John Ly
  • SYSTEM AND METHOD FOR CHARGING TRADING COMMISSIONS FOR BROKERAGE ACCOUNTS BASED ON PRINCIPAL OF TRADES
    Publication number: 20090327109
    Abstract: Systems and methods for determining a brokerage commission owed by a client of a brokerage firm based on the principal volume (“PV”) of the client's eligible transactions over a time period. The system may comprise: (i) a database storing information about the client's transactions; and (ii) one or more processors in communication with the database. The processor(s) is programmed to determine the client's brokerage commission by: (i) calculating the cumulative PV of transactions made by the client through the brokerage firm over a time period; and (ii) calculating the commission for a billing time period based on the calculated cumulative PV. The applicable commission may be determined based on a tiered marginal commission rate schedule.
    Type: Application
    Filed: June 30, 2008
    Publication date: December 31, 2009
    Applicant: Morgan Stanley (a Delaware Corporation)
    Inventors: Karyn Nordstrom, Angel Fung, James Jesse, Peter Barsoom, Uday Shankar, John Ly