Patents by Inventor Lars Kragh
Lars Kragh 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).
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Patent number: 11430064Abstract: Real time or near real time assessment of the quality of securities transactions is accomplished by intercepting order and execution communications between trader and broker, comparing the execution data with contemporaneous market data relative to the transaction or transactions involved, and informing the trader of that comparison. This is accomplished without interrupting or impeding the trader-broker communications, except that a broker-trader communication may, if desired, be interrupted and relevant data aggregated until the aggregate reaches a desired value. It is preferred that the comparison be between the volume-weighted average price of the securities transaction and the volume-weighted average price of the market data for that security, over the life of the order. A particular effective way to communicate the quality evaluation to the trader is disclosed.Type: GrantFiled: October 1, 2021Date of Patent: August 30, 2022Assignee: NYSE Group, Inc.Inventors: Peter Hansen, Nicolay Landmark, Lars Kragh
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Publication number: 20220020091Abstract: Real time or near real time assessment of the quality of securities transactions is accomplished by intercepting order and execution communications between trader and broker, comparing the execution data with contemporaneous market data relative to the transaction or transactions involved, and informing the trader of that comparison. This is accomplished without interrupting or impeding the trader-broker communications, except that a broker-trader communication may, if desired, be interrupted and relevant data aggregated until the aggregate reaches a desired value. It is preferred that the comparison be between the volume-weighted average price of the securities transaction and the volume-weighted average price of the market data for that security, over the life of the order. A particular effective way to communicate the quality evaluation to the trader is disclosed.Type: ApplicationFiled: October 1, 2021Publication date: January 20, 2022Inventors: Peter Hansen, Nicolay Landmark, Lars Kragh
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Patent number: 11170444Abstract: Real time or near real time assessment of the quality of securities transactions is accomplished by intercepting order and execution communications between trader and broker, comparing the execution data with contemporaneous market data relative to the transaction or transactions involved, and informing the trader of that comparison. This is accomplished without interrupting or impeding the trader-broker communications, except that a broker-trader communication may, if desired, be interrupted and relevant data aggregated until the aggregate reaches a desired value. It is preferred that the comparison be between the volume-weighted average price of the securities transaction and the volume-weighted average price of the market data for that security, over the life of the order. A particular effective way to communicate the quality evaluation to the trader is disclosed.Type: GrantFiled: May 4, 2021Date of Patent: November 9, 2021Assignee: NYSE Group, Inc.Inventors: Peter Hansen, Nicolay Landmark, Lars Kragh
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Publication number: 20210256606Abstract: Real time or near real time assessment of the quality of securities transactions is accomplished by intercepting order and execution communications between trader and broker, comparing the execution data with contemporaneous market data relative to the transaction or transactions involved, and informing the trader of that comparison. This is accomplished without interrupting or impeding the trader-broker communications, except that a broker-trader communication may, if desired, be interrupted and relevant data aggregated until the aggregate reaches a desired value. It is preferred that the comparison be between the volume-weighted average price of the securities transaction and the volume-weighted average price of the market data for that security, over the life of the order. A particular effective way to communicate the quality evaluation to the trader is disclosed.Type: ApplicationFiled: May 4, 2021Publication date: August 19, 2021Inventors: Peter Hansen, Nicolay Landmark, Lars Kragh
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Patent number: 11080788Abstract: There is a method for machine-controlled legal portfolio monitoring. The method has the following steps: a) obtaining securities transactional data from multiple financial firms for a system; b) processing the securities transactional data to calculate losses in the system; c) permitting law firms to view the losses in the system without revealing the identity of the multiple financial firms; d) permitting the law firms to submit to the system security litigation proposals to financial firms that have incurred losses; and e) allowing financial firms that have incurred losses to respond to the security litigation proposals by engaging directly with a particular law firm through the system. There is also a system. There is also a storage medium.Type: GrantFiled: June 13, 2018Date of Patent: August 3, 2021Inventors: Peter K. Hansen, Lars Kragh
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Patent number: 11030694Abstract: Real time or near real time assessment of the quality of securities transactions is accomplished by intercepting order and execution communications between trader and broker, comparing the execution data with contemporaneous market data relative to the transaction or transactions involved, and informing the trader of that comparison. This is accomplished without interrupting or impeding the trader-broker communications, except that a broker-trader communication may, if desired, be interrupted and relevant data aggregated until the aggregate reaches a desired value. It is preferred that the comparison be between the volume-weighted average price of the securities transaction and the volume-weighted average price of the market data for that security, over the life of the order. A particular effective way to communicate the quality evaluation to the trader is disclosed.Type: GrantFiled: September 2, 2020Date of Patent: June 8, 2021Assignee: NYSE Group, Inc.Inventors: Peter Hansen, Nicolay Landmark, Lars Kragh
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Publication number: 20200402174Abstract: Real time or near real time assessment of the quality of securities transactions is accomplished by intercepting order and execution communications between trader and broker, comparing the execution data with contemporaneous market data relative to the transaction or transactions involved, and informing the trader of that comparison. This is accomplished without interrupting or impeding the trader-broker communications, except that a broker-trader communication may, if desired, be interrupted and relevant data aggregated until the aggregate reaches a desired value. It is preferred that the comparison be between the volume-weighted average price of the securities transaction and the volume-weighted average price of the market data for that security, over the life of the order. A particular effective way to communicate the quality evaluation to the trader is disclosed.Type: ApplicationFiled: September 2, 2020Publication date: December 24, 2020Inventors: Peter Hansen, Nicolay Landmark, Lars Kragh
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Patent number: 10796364Abstract: Real time or near real time assessment of the quality of securities transactions is accomplished by intercepting order and execution communications between trader and broker, comparing the execution data with contemporaneous market data relative to the transaction or transactions involved, and informing the trader of that comparison. This is accomplished without interrupting or impeding the trader-broker communications, except that a broker-trader communication may, if desired, be interrupted and relevant data aggregated until the aggregate reaches a desired value. It is preferred that the comparison be between the volume-weighted average price of the securities transaction and the volume-weighted average price of the market data for that security, over the life of the order. A particular effective way to communicate the quality evaluation to the trader is disclosed.Type: GrantFiled: April 15, 2004Date of Patent: October 6, 2020Assignee: NYSE Group, Inc.Inventors: Peter Hansen, Nicolay Landmark, Lars Kragh
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Publication number: 20180293659Abstract: There is a method for machine-controlled legal portfolio monitoring. The method has the following steps: a) obtaining securities transactional data from multiple financial firms for a system; b) processing the securities transactional data to calculate losses in the system; c) permitting law firms to view the losses in the system without revealing the identity of the multiple financial firms; d) permitting the law firms to submit to the system security litigation proposals to financial firms that have incurred losses; and e) allowing financial firms that have incurred losses to respond to the security litigation proposals by engaging directly with a particular law firm through the system. There is also a system. There is also a storage medium.Type: ApplicationFiled: June 13, 2018Publication date: October 11, 2018Inventors: Peter K. HANSEN, Lars KRAGH
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Publication number: 20160171612Abstract: There is a method for machine-controlled legal portfolio monitoring. The method has the following steps: a) obtaining securities transactional data from multiple financial firms for a system; b) processing the securities transactional data to calculate losses in the system; c) permitting law firms to view the losses in the system without revealing the identity of the multiple financial firms; d) permitting the law firms to submit to the system security litigation proposals to financial firms that have incurred losses; and e) allowing financial firms that have incurred losses to respond to the security litigation proposals by engaging directly with a particular law firm through the system. There is also a system. There is also a storage medium.Type: ApplicationFiled: December 15, 2015Publication date: June 16, 2016Inventors: PETER K. HANSEN, LARS KRAGH
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Patent number: 8392319Abstract: In one aspect, the present invention provides an order slicer that receives an order that to trade a financial instrument. The order associates a trading strategy with said order. The trading strategy is replaceable. In another aspect, an interface accepts a trading strategy of an order to trade a financial instrument. A transmitter transmits the trading strategy to an order slicer.Type: GrantFiled: March 19, 2012Date of Patent: March 5, 2013Assignee: NYFIX, Inc.Inventors: Peter Hansen, Lars Kragh, Nicolay Landmark
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Patent number: 8290855Abstract: In one aspect, the present invention provides an order slicer that receives an order that to trade a financial instrument. The order associates a trading strategy with said order. The trading strategy is replaceable. In another aspect, an interface accepts a trading strategy of an order to trade a financial instrument. A transmitter transmits the trading strategy to an order slicer.Type: GrantFiled: February 8, 2012Date of Patent: October 16, 2012Assignee: NYFIX, Inc.Inventors: Peter Hansen, Lars Kragh, Nicolay Landmark
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Publication number: 20120197778Abstract: In one aspect, the present invention provides an order slicer that receives an order that to trade a financial instrument. The order associates a trading strategy with said order. The trading strategy is replaceable. In another aspect, an interface accepts a trading strategy of an order to trade a financial instrument. A transmitter transmits the trading strategy to an order slicer.Type: ApplicationFiled: March 19, 2012Publication date: August 2, 2012Applicant: NYFIX, Inc.Inventors: Peter HANSEN, Lars KRAGH, Nicolay LANDMARK
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Publication number: 20120179629Abstract: In one aspect, the present invention provides an order slicer that receives an order that to trade a financial instrument. The order associates a trading strategy with said order. The trading strategy is replaceable. In another aspect, an interface accepts a trading strategy of an order to trade a financial instrument. A transmitter transmits the trading strategy to an order slicer.Type: ApplicationFiled: February 8, 2012Publication date: July 12, 2012Applicant: NYFIX, Inc.Inventors: Peter Hansen, Lars Kragh, Nicolay Landmark
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Patent number: 8200558Abstract: In a trading environment that comprises buy side traders and securities brokers, a computer process capable of preventing securities brokers from receiving information irrelevant to a commission payment for a securities transaction. The process comprises means for providing an overview of commission payments for a predetermined time period, means for providing details of step-out payments for the predetermined period, means for adjusting step-in amounts and frequencies, means for providing notification that a commission payment has been stepped out and is capable of being credited, means for automatically suggesting and performing step-ins and step-outs, and means for assessing the step-outs and step-ins against a predetermined budget.Type: GrantFiled: March 3, 2010Date of Patent: June 12, 2012Assignee: Convergex Execution Solutions LLCInventors: Peter Hansen, Nicolay Landmark, Lars Kragh
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Patent number: 8140423Abstract: In one aspect, the present invention provides an order slicer that receives an order that to trade a financial instrument. The order associates a trading strategy with said order. The trading strategy is replaceable. In another aspect, an interface accepts a trading strategy of an order to trade a financial instrument. A transmitter transmits the trading strategy to an order slicer.Type: GrantFiled: December 10, 2004Date of Patent: March 20, 2012Assignee: NYFIX, Inc.Inventors: Peter Hansen, Lars Kragh, Nicolay Landmark
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Patent number: 7818236Abstract: An execution concentrator is interposed in a communications network for handling information concerning securities transactions or the like, that concentrator acting to transmit transaction information to the trader or the like at such times and in such details as may be most convenient or efficient to the recipient, independently of the timing and details of the actual transaction.Type: GrantFiled: September 13, 2004Date of Patent: October 19, 2010Assignee: NYFIX, Inc.Inventors: Peter Hansen, Nicolay Landmark, Lars Kragh
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Publication number: 20100161390Abstract: In a trading environment that comprises buy side traders and securities brokers, a computer process capable of preventing securities brokers from receiving information irrelevant to a commission payment for a securities transaction. The process comprises means for providing an overview of commission payments for a predetermined time period, means for providing details of step-out payments for the predetermined period, means for adjusting step-in amounts and frequencies, means for providing notification that a commission payment has been stepped out and is capable of being credited, means for automatically suggesting and performing step-ins and step-outs, and means for assessing the step-outs and step-ins against a predetermined budget.Type: ApplicationFiled: March 3, 2010Publication date: June 24, 2010Applicant: BNY ConvergEX Execution Solution LLCInventors: Peter HANSEN, Nicolay LANDMARK, Lars KRAGH
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Patent number: 7693763Abstract: In a trading environment that comprises buy side traders and securities brokers, a computer process capable of preventing securities brokers from receiving information irrelevant to a commission payment for a securities transaction. The process comprises means for providing an overview of commission payments for a predetermined time period, means for providing details of step-out payments for the predetermined period, means for adjusting step-in amounts and frequencies, means for providing notification that a commission payment has been stepped out and is capable of being credited, means for automatically suggesting and performing step-ins and step-outs, and means for assessing the step-outs and step-ins against a predetermined budget.Type: GrantFiled: February 13, 2004Date of Patent: April 6, 2010Assignee: NYFIX, Inc.Inventors: Peter Hansen, Nicolay Landmark, Lars Kragh
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Publication number: 20080021805Abstract: In a trading environment that comprises buy side traders and securities brokers, a computer process capable of preventing securities brokers from receiving information irrelevant to a commission payment for a securities transaction. The process comprises means for providing an overview of commission payments for a predetermined time period, means for providing details of step-out payments for the predetermined period, means for adjusting step-in amounts and frequencies, means for providing notification that a commission payment has been stepped out and is capable of being credited, means for automatically suggesting and performing step-ins and step-outs, and means for assessing the step-outs and step-ins against a predetermined budget.Type: ApplicationFiled: February 13, 2004Publication date: January 24, 2008Inventors: Peter Hansen, Nicolay Landmark, Lars Kragh