Patents by Inventor Preston R. Ford

Preston R. Ford 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).

  • Publication number: 20140046825
    Abstract: Systems and methods for facilitating securities transactions are shown. In one embodiment, the method provides receiving a collection of order information from one or more order management systems, such that the order information for each order includes a security name and a side, searching for matching contra order information within the collection of order information, such that each matching contra information includes a buy side order information and a sell side order information, sending at least one side of the matching contra order information to at least one user workstation, and displaying the at least one side of the matching contra order information to a user.
    Type: Application
    Filed: October 15, 2013
    Publication date: February 13, 2014
    Applicant: State Street Global Markets, LLC
    Inventors: Preston R. FORD, Paul D. Filipski, Christian A. Dubois, John Mark Enriquez, Robert J. Russel, Kevin K. Sorber
  • Patent number: 8583544
    Abstract: Systems and methods for facilitating securities transactions are shown. In one embodiment, the method provides for receiving order information from an order management system, sending a subset of the order information to an electronic trading marketplace, receiving a quantity value from the electronic trading marketplace corresponding to a quantity of shares in a matched contra-interest, determining whether an available quantity of shares in the order information is at least the received quantity value, sending a commitment message to the electronic trading marketplace if the received quantity value is less than or equal to the available quantity of shares in the order information, and sending a deny trade message to the electronic trading marketplace if the received quantity value is greater than the available quantity of shares in the order information.
    Type: Grant
    Filed: February 22, 2013
    Date of Patent: November 12, 2013
    Assignee: State Street Global Markets, LLC
    Inventors: Preston R. Ford, Paul D. Filipski, Christian A. Dubois, John Mark Enriquez, Robert J. Russel, Kevin K. Sorber
  • Patent number: 8521627
    Abstract: A method for facilitating securities transactions is shown. In one embodiment, the method includes identifying, by a computer system from an OMS comprising a plurality of stored security orders, a subset of orders specifying at least a minimum available quantity; transmitting, by the computer system to an ETM, a non-binding indication corresponding to one order of the subset of orders, the non-binding indication comprising a security identifier and the order type; receiving, by the computer system, an indication that a match exists to the non-binding indication; determining, by the computer system, a total available quantity for the order corresponding to the non-binding indication; and transmitting, by the OMS, a binding order corresponding to the non-binding indication, the binding order comprising the determined total available quantity. Corresponding systems are also described.
    Type: Grant
    Filed: April 18, 2007
    Date of Patent: August 27, 2013
    Assignees: Blockross Holdings, LLC, State Street Global Markets, LLC.
    Inventors: Preston R. Ford, Paul D. Filipski, Christian A. Dubois, John Mark Enriquez, Robert J. Russel, Kevin K. Sorber
  • Publication number: 20130166434
    Abstract: Systems and methods for facilitating securities transactions are shown. In one embodiment, the method provides for receiving order information from an order management system, sending a subset of the order information to an electronic trading marketplace, receiving a quantity value from the electronic trading marketplace corresponding to a quantity of shares in a matched contra-interest, determining whether an available quantity of shares in the order information is at least the received quantity value, sending a commitment message to the electronic trading marketplace if the received quantity value is less than or equal to the available quantity of shares in the order information, and sending a deny trade message to the electronic trading marketplace if the received quantity value is greater than the available quantity of shares in the order information.
    Type: Application
    Filed: February 22, 2013
    Publication date: June 27, 2013
    Inventors: Preston R. FORD, Paul D. FILIPSKI, Christian A. DUBOIS, John Mark ENRIQUEZ, Robert J. RUSSEL, Kevin K. SORBER
  • Patent number: 8401958
    Abstract: A method for facilitating securities transactions is shown. In one embodiment, the method provides for pricing shares of stock traded between anonymous parties without requiring pricing negotiations between parties. The method can include matching, via an electronic trading system, a first party and a second party in response to receiving contra binding orders for a security from the parties, transmitting, to each of the parties, an indication of the matching, receiving, via an electronic trading system, a first trade confirmation from the first party, determining, for the security, a midpoint of a price spread at the time the first trade confirmation was entered, receiving, via the electronic trading system, a second trade confirmation for the security from the second party, and executing, via the electronic trading system, a transaction for the security between the first and second parties, wherein the security price is determined in response to the determined midpoint.
    Type: Grant
    Filed: January 10, 2012
    Date of Patent: March 19, 2013
    Assignee: State Street Global Markets, LLC
    Inventors: Preston R. Ford, Paul D. Filipski, Christian A. Dubois, John Mark Enriquez, Robert J. Russel, Kevin K. Sorber
  • Publication number: 20120158568
    Abstract: A method for facilitating securities transactions is shown. In one embodiment, the method provides for pricing shares of stock traded between anonymous parties without requiring pricing negotiations between parties. The method can include matching, via an electronic trading system, a first party and a second party in response to receiving contra binding orders for a security from the parties, transmitting, to each of the parties, an indication of the matching, receiving, via an electronic trading system, a first trade confirmation from the first party, determining, for the security, a midpoint of a price spread at the time the first trade confirmation was entered, receiving, via the electronic trading system, a second trade confirmation for the security from the second party, and executing, via the electronic trading system, a transaction for the security between the first and second parties, wherein the security price is determined in response to the determined midpoint.
    Type: Application
    Filed: January 10, 2012
    Publication date: June 21, 2012
    Inventors: Preston R. Ford, Paul D. Filipski, Christian A. Dubois, John Mark Enriquez, Robert J. Russel, Kevin K. Sorber
  • Patent number: 8117105
    Abstract: A method for facilitating securities transactions is shown. In one embodiment, the method includes identifying, by a computer system from an OMS comprising a plurality of stored security orders, a subset of orders specifying at least a minimum available quantity; transmitting, by the computer system to an ETM, a non-binding indication corresponding to one order of the subset of orders, the non-binding indication comprising a security identifier and the order type; receiving, by the computer system, an indication that a match exists to the non-binding indication; determining, by the computer system, a total available quantity for the order corresponding to the non-binding indication; and transmitting, by the OMS, a binding order corresponding to the non-binding indication, the binding order comprising the determined total available quantity. Corresponding systems are also described.
    Type: Grant
    Filed: March 18, 2008
    Date of Patent: February 14, 2012
    Assignees: Pulse Trading, Inc., Blockcross Holdings, LLC
    Inventors: Preston R. Ford, Paul D. Filipski, Christian A. Dubois, John Mark Enriquez, Robert J. Russel, Kevin K. Sorber
  • Publication number: 20090018945
    Abstract: A method for facilitating securities transactions is shown. In one embodiment, the method includes identifying, by a computer system from an OMS comprising a plurality of stored security orders, a subset of orders specifying at least a minimum available quantity; transmitting, by the computer system to an ETM, a non-binding indication corresponding to one order of the subset of orders, the non-binding indication comprising a security identifier and the order type; receiving, by the computer system, an indication that a match exists to the non-binding indication; determining, by the computer system, a total available quantity for the order corresponding to the non-binding indication; and transmitting, by the OMS, a binding order corresponding to the non-binding indication, the binding order comprising the determined total available quantity. Corresponding systems are also described.
    Type: Application
    Filed: March 18, 2008
    Publication date: January 15, 2009
    Inventor: Preston R. FORD
  • Publication number: 20080262957
    Abstract: A method for facilitating securities transactions is shown. In one embodiment, the method includes identifying, by a computer system from an OMS comprising a plurality of stored security orders, a subset of orders specifying at least a minimum available quantity; transmitting, by the computer system to an ETM, a non-binding indication corresponding to one order of the subset of orders, the non-binding indication comprising a security identifier and the order type; receiving, by the computer system, an indication that a match exists to the non-binding indication; determining, by the computer system, a total available quantity for the order corresponding to the non-binding indication; and transmitting, by the OMS, a binding order corresponding to the non-binding indication, the binding order comprising the determined total available quantity. Corresponding systems are also described.
    Type: Application
    Filed: April 18, 2007
    Publication date: October 23, 2008
    Inventor: Preston R. Ford