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).

  • Patent number: 8645260
    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: March 3, 2011
    Date of Patent: February 4, 2014
    Assignee: Creditex Group, Inc.
    Inventors: Sunil G. Hirani, Mark A. Rowell
  • Patent number: 8571965
    Abstract: Techniques for reducing delta values of credit risk positions in online trading of credit derivatives are disclosed.
    Type: Grant
    Filed: October 6, 2008
    Date of Patent: October 29, 2013
    Assignee: Creditex Group, Inc.
    Inventors: Mark A. Rowell, Christopher J. Crowley, F. Charles Doerr
  • 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
  • Publication number: 20110153488
    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: Application
    Filed: March 3, 2011
    Publication date: June 23, 2011
    Applicant: CREDITEX GROUP, INC.
    Inventors: Sunil G. Hirani, Mark A. Rowell
  • Publication number: 20090125451
    Abstract: Techniques for reducing delta values of credit risk positions in online trading of credit derivatives are disclosed.
    Type: Application
    Filed: October 6, 2008
    Publication date: May 14, 2009
    Inventors: Mark A. Rowell, Christopher J. Crowley, F. Charles Doerr
  • Publication number: 20090055306
    Abstract: Systems and methods for limit order volume clearing in online trading of credit derivatives are disclosed. In one embodiment, a method for limit order volume clearing may comprise: selecting a set of credit derivatives based on dealer interest and market activities; inviting trading clients to submit, within a time limit, buy orders and sell orders for the selected credit derivatives; determining an auction price for each of the selected credit derivatives, such that a total notional amount of trades that can be executed at the auction price is the largest possible and a total notional amount of unfilled orders is the smallest possible: executing a first subset of the buy orders and the sell orders that can be completed at the determined auction price; and launching a volume clearing session, with a volume clearing price level set to the determined auction price, for a second subset of the buy orders and the sell orders that have not been filled.
    Type: Application
    Filed: August 25, 2008
    Publication date: February 26, 2009
    Inventors: Sunil G. Hirani, Mark A. Rowell
  • Publication number: 20090055305
    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: Application
    Filed: August 25, 2008
    Publication date: February 26, 2009
    Inventors: Sunil G. Hirani, Mark A. Rowell