Patents by Inventor Kirk P. Kinnear

Kirk P. Kinnear 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).

  • METHOD AND SYSTEM FOR CONSOLIDATING COMMODITY FUTURES CONTRACTS HAVING GUARANTEED PHYSICAL DELIVERY
    Publication number: 20110035307
    Abstract: A guaranteed physical delivery futures contract and method and system for consolidating same are disclosed. The method includes guaranteeing physical delivery for future positions of market participants having open first-nearby time positions of a particular size, making additions to or subtractions from open first-nearby time positions of market participants that are less than the particular size and offsetting the additions to and subtractions from market participants' open first-nearby time positions with opposite positions in a second-nearby time. The system includes one or more servers and communications links, the communications links for receiving position data, including open positions, and the servers are configured to make additions to or subtractions from open first-nearby time positions less than a certain size and adjust market participant second-nearby time positions based on the additions to or subtractions from open first-nearby time positions.
    Type: Application
    Filed: March 9, 2010
    Publication date: February 10, 2011
    Inventor: Kirk P. Kinnear
  • Method and system for consolidating commodity futures contracts having guaranteed physical delivery
    Patent number: 7676406
    Abstract: A guaranteed physical delivery futures contract and method and system for consolidating same are disclosed. The method includes guaranteeing physical delivery for future positions of market participants having open first-nearby time positions of a particular size, making additions to or subtractions from open first-nearby time positions of market participants that are less than the particular size and offsetting the additions to and subtractions from market participants' open first-nearby time positions with opposite positions in a second-nearby time. The system includes one or more servers and communications links, the communications links for receiving position data, including open positions, and the servers are configured to make additions to or subtractions from open first-nearby time positions less than a certain size and adjust market participant second-nearby time positions based on the additions to or subtractions from open first-nearby time positions.
    Type: Grant
    Filed: June 13, 2003
    Date of Patent: March 9, 2010
    Inventor: Kirk P. Kinnear
  • Guaranteed physical delivery futures contract and method and system of consolidating same
    Publication number: 20040148249
    Abstract: A guaranteed physical delivery futures contract and method and system for consolidating same are disclosed. The method includes guaranteeing physical delivery for future positions of market participants having open first-nearby time positions of a particular size, making additions to or subtractions from open first-nearby time positions of market participants that are less than the particular size and offsetting the additions to and subtractions from market participants' open first-nearby time positions with opposite positions in a second-nearby time. The system includes one or more servers and communications links, the communications links for receiving position data, including open positions, and the servers are configured to make additions to or subtractions from open first-nearby time positions less than a certain size and adjust market participant second-nearby time positions based on the additions to or subtractions from open first-nearby time positions.
    Type: Application
    Filed: June 13, 2003
    Publication date: July 29, 2004
    Inventor: Kirk P. Kinnear