Patents by Inventor Mark A Rowell

Mark A Rowell 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).

  • Systems and methods for market order volume clearing in online trading of credit derivatives
    Patent number: 7970693
    Abstract: Systems and methods for market order volume clearing in online trading of credit derivatives are disclosed. In one embodiment, a method for market order volume clearing may comprise: selecting, from a plurality of credit derivatives, at least one most liquid credit derivative; determining a volume clearing price level for the selected credit derivative; inviting trading clients of the electronic trading system to submit, within a time limit, buy orders and sell orders for the selected credit derivative at the volume clearing price level, each buy order or sell order specifying a desired volume; matching the buy orders and the sell orders submitted within the time limit to maximize a total notional amount of the selected credit derivative that can be traded at the volume clearing price level; and completing trades at the volume clearing price level according to the matching of orders.
    Type: Grant
    Filed: August 25, 2008
    Date of Patent: June 28, 2011
    Assignee: Creditex Group, Inc.
    Inventors: Sunil G. Hirani, Mark A Rowell