Patents by Inventor Louis T. Pizzo

Louis T. Pizzo 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 credit authorization in a member exchange
    Publication number: 20020046152
    Abstract: An exchange member establishes a threshold credit value for transactions by a non-member institution. The threshold value is provided to a credit authorization service of the exchange, which acts as a surrogate for the exchange members. Securities transaction or orders from non-member institutions are then transmitted from the non-member institution to the credit authorization service of the exchange. The credit authorization service compares the transaction with a percentage of the pre-established threshold value. If the transaction does not exceed the percentage of the pre-established threshold, the system forwards the transaction to the exchange. If the transaction does exceed the percentage of the pre-established threshold, the system notifies the sponsoring exchange member and possibly the non-member institution. The percentage of the pre-established threshold may be less than or equal to 100 percent of the pre-established value.
    Type: Application
    Filed: July 6, 2001
    Publication date: April 18, 2002
    Inventors: Catherine R. Kinney, Ann E. Fitzgibbons, Louis T. Pizzo, Mario Rogowicz, Warren S. Rosenbaum, Avner Gelb, Katherine M. Lajoie-Malik, Steven H. Hughes