Abstract: A self-adjusting clamping system top capture and hold a recoil lug extending outwardly from a bolt style receiver of a firearm. At least a lower portion of the receiver and the recoil lug are received into a chassis having a recess. The chassis is configured to receive an anvil block confronting the rear surface of the recoil lug. The chassis is configured to receive a tightening system confronting the front surface of the recoil lug. The anvil block has a front surface that contacts and confronts the rear surface of the recoil lug. The anvil block also has a rear surface that is outwardly rounded. The tightening system is at least partially wedge-shaped having a front surface that is angled and a rear surface that contacts and closely confronts the front surface of the recoil lug.

Abstract: A self-adjusting clamping system top capture and hold a recoil lug extending outwardly from a bolt style receiver of a firearm. At least a lower portion of the receiver and the recoil lug are received into a chassis having a recess. The chassis is configured to receive an anvil block confronting the rear surface of the recoil lug. The chassis is configured to receive a tightening system confronting the front surface of the recoil lug. The anvil block has a front surface that contacts and confronts the rear surface of the recoil lug. The anvil block also has a rear surface that is outwardly rounded. The tightening system is at least partially wedge-shaped having a front surface that is angled and a rear surface that contacts and closely confronts the front surface of the recoil lug.

Abstract: A preferred embodiment of the subject invention is directed to creation and pricing of an option related to a target zone in a time-price plot. If the price curve against time enters this zone (in a preferred embodiment, a “box”), a fixed amount of money is paid to the owner of the option; if the curve misses the box, there is no payout to the option owner, who also forfeits the premium paid for the option. Software is described that enables an option buyer to easily create and set the parameters of such an option, that computes a premium for the option, and that manages payout and other functions related to the option. The above-described embodiment is a buy-to-hit option. Other embodiments are directed to sell-to-hit, buy-to-miss, and sell-to-miss options.

Abstract: In one aspect, the present invention comprises a system for trading currencies over a computer network. A preferred embodiment comprises: (a) a server front-end; (b) at least one database; (c) a transaction server; (d) a rate server; (e) a pricing engine; (f) an interest rate manager; (g) a trade manager; (h) a value at risk server; (i) a margin control manager; (j) a trading system monitor; and (k) a hedging engine. In another aspect, the present invention comprises methods for trading currency over a computer network. In another aspect, the present invention comprises software for currency trading over a computer network.

Abstract: A preferred embodiment comprises a method for obtaining predictive information (e.g., volatility) for inhomogeneous financial time series.

Abstract: A preferred embodiment of the subject invention automates the market making process for currency trading. When a quote request for a currency is received from a client (preferably over a computer network such as the Internet), software of a preferred embodiment calculates a real-time bid and ask price for the currency. The subject invention is applicable to any asset for which market making is appropriate, and is not restricted to currency exchange.

Abstract: A method of trading assets on a market including: (1) receiving price data for an asset over one or more computer networks; (2) receiving current system position information; (3) storing the received asset price data and current system position information in a computer-readable medium; (4) calculating trade recommendation information form each of one or more trading sub-models, wherein each sub-model is based on a different time horizon, the calculation based on the received asset price data; and (5) calculating a trade recommendation regarding the asset based on the trade recommendation information from each of the trading sub-models. Each sub-model preferably includes: (1) a price collector component; (2) a price filter component; (3) a price database component; (4) a gearing calculator component; (5) a deal acceptor component; and (6) a book-keeper component.

Abstract: A preferred embodiment of the subject invention automates the market making process for currency trading. When a quote request for a currency is received from a client (preferably over a computer network such as the Internet), software of a preferred embodiment calculates a real-time bid and ask price for the currency. The subject invention is applicable to any asset for which market making is appropriate, and is not restricted to currency exchange.

Abstract: A preferred embodiment of the subject invention is directed to creation and pricing of an option related to a target zone in a time-price plot. If the price curve against time enters this zone (in a preferred embodiment, a “box”), a fixed amount of money is paid to the owner of the option; if the curve misses the box, there is no payout to the option owner, who also forfeits the premium paid for the option. Software is described that enables an option buyer to easily create and set the parameters of such an option, that computes a premium for the option, and that manages payout and other functions related to the option. The above-described embodiment is a buy-to-hit option. Other embodiments are directed to sell-to-hit, buy-to-miss, and sell-to-miss options.

Abstract: In one aspect, the present invention comprises a system for trading currencies over a computer network. A preferred embodiment comprises: (a) a server front-end; (b) at least one database; (c) a transaction server; (d) a rate server; (e) a pricing engine; (f) an interest rate manager; (g) a trade manager; (h) a value at risk server; (i) a margin control manager; (j) a trading system monitor; and (k) a hedging engine. In another aspect, the present invention comprises methods for trading currency over a computer network. In another aspect, the present invention comprises software for currency trading over a computer network.

Abstract: The present invention introduces two “event” scales for financial markets, called “scale of market shocks” (SMS), which measure the importance of the market movements. These indices are based on the price volatility and are computed by integrating mapped asset volatilities over time horizons that range from 1 hour to 42 days. The first SMS is an absolute scale, or universal scale, allowing values of different assets to be compared directly. The second SMS is an adaptive scale, calibrated to the typical behavior of each asset allowing the relative importance of market movements to be assessed. In principle, the SMS can be constructed for any market: the indices are computed from the price time series. In the foreign exchan9e (FX) market, each index is associated with a currency pair and we derive from it an index per currency and an index for the whole market.

Abstract: A preferred embodiment comprises a method of trading assets on a market, comprising the steps of: (1) receiving price data for an asset over one or more computer networks; (2) receiving current system position information; (3) storing the received as-set price data and current system position information in a computer-readable medium; (4) calculating trade recommendation information from each of one or more trading sub-models, wherein each sub-model is based on a different time horizon, the calculation based on the received asset price data; and (5) calculating a trade recommendation regarding the asset based on the trade recommendation information from each of the trading sub-models. Each sub-model preferably comprises: (1) a price collector component; (2) a price filter component; (3) a price database component; (4) a gearing calculator component; (5) a deal acceptor component; and (6) a book-keeper component.

Abstract: A preferred embodiment comprises a method for obtaining predictive information (e.g., volatility) for inhomogeneous financial time series.

Abstract: In one aspect, the present invention comprises a system for trading currencies over a computer network. A preferred embodiment comprises: (a) a server front-end; (b) at least one database; (c) a transaction server; (d) a rate server; (e) a pricing engine; (f) an interest rate manager; (g) a trade manager; (h) a value at risk server; (i) a margin control manager; (j) a trading system monitor; and (k) a hedging engine. In another aspect, the present invention comprises methods for trading currency over a computer network. In another aspect, the present invention comprises software for currency trading over a computer network.

Abstract: The Portfolio Allocation System of the present invention is a comprehensive tool which accepts user specified scenarios describing selected aspects of future price evolution—and provides as output an efficient frontier for portfolio re-allocation—taking into account transaction costs and costs of carry (the cost associated with foregoing the risk free interest rate where applicable). The product uses intensive monte-carlo computations and is supported by a network of machines. Users can interact with the system over the internet or through modem—using a specially developed user interface.

Abstract: A preferred embodiment of the subject invention automates the market making process for currency trading. When a quote request for a currency is received from a client (preferably over a computer network such as the Internet), software of a preferred embodiment calculates a real-time bid and ask price for the currency. The subject invention is applicable to any asset for which market making is appropriate, and is not restricted to currency exchange.