Patents by Inventor Richard Himmelstein

Richard Himmelstein 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: 8793178
    Abstract: A method for responding to order flow is disclosed. The method comprises establishing for a market maker a rule for automatically generating a contra order in response to an order. The rule comprises at least one condition comprising at least one characteristic describing the order. The at least one condition allowing matching based on a security in the order is in a security list specified by the market maker. The method further comprises receiving from a trader the order; matching on the computer the order to the at least one condition of the rule; automatically generating the contra order in response to the order, if the rule is satisfied; and providing the contra order for acceptance.
    Type: Grant
    Filed: December 15, 2009
    Date of Patent: July 29, 2014
    Assignee: BarterSecurities, Inc.
    Inventors: Roy Neff, Richard Himmelstein
  • Patent number: 7908199
    Abstract: A bartering system implements barters between a plurality of parties each having one or more classes of items available for barter. Preferably, barter orders are created by designating a selected quantity of a first class of items to be bartered, designating a date range for transferring title of the first class items to be bartered, designating a barter value of the first class of items to be bartered, and designating a second class of items to be acquired. Barter orders are posted via the Internet to a barter database and may be displayed via the Internet. Posted barter orders whose first class of items match the second class of items of a barterer's order are preferably displayed. Posted barter orders from the display are selected to effectuate a barter transaction which combines a barterer's barter order with the selected posted order(s). Toolkits are provided for enabling parties, particularly marketmakers, to respond to barter orders in an automated manner.
    Type: Grant
    Filed: February 26, 2002
    Date of Patent: March 15, 2011
    Inventors: Roy Neff, Richard Himmelstein
  • Publication number: 20100325061
    Abstract: A method for responding to order flow is disclosed. The method comprises establishing for a market maker a rule for automatically generating a contra order in response to an order. The rule comprises at least one condition comprising at least one characteristic describing the order. The at least one condition allowing matching based on a security in the order is in a security list specified by the market maker. The method further comprises receiving from a trader the order; matching on the computer the order to the at least one condition of the rule; automatically generating the contra order in response to the order, if the rule is satisfied; and providing the contra order for acceptance.
    Type: Application
    Filed: December 15, 2009
    Publication date: December 23, 2010
    Applicant: BARTERSECURITIES, INC.
    Inventors: Roy Neff, Richard Himmelstein
  • Patent number: 7587370
    Abstract: A bartering system implements barters between a plurality of parties each having one or more classes of items available for barter. Preferably, barter orders are created by designating a selected quantity of a first class of items to be bartered, designating a date range for transferring title of the first class items to be bartered, designating a barter value of the first class of items to be bartered, and designating a second class of items to be acquired. Barter orders are posted via the Internet to a barter database and may be displayed via the Internet. Posted barter orders whose first class of items match the second class of items of a barterer's order are preferably displayed. Posted barter orders from the display are selected to effectuate a barter transaction which combines a barterer's barter order with the selected posted order(s).
    Type: Grant
    Filed: April 18, 2006
    Date of Patent: September 8, 2009
    Assignee: BarterSecurities, Inc.
    Inventor: Richard Himmelstein
  • Publication number: 20080228627
    Abstract: A computer system facilitates buying and selling securities. The computer system comprises a trading system for receiving and storing a plurality of portfolios. Each portfolio is associated with a respective trader. The computer system further comprises a plurality of client computers interfaced with the trading system. The trading system discovers a potential order match among the plurality of portfolios. The order match identifies a first trader, a security to trade and a condition for trading the security. The trading system determines a real time value associated with the order match, and the trading system notifies the first trader of the order match via one of the plurality of client computers.
    Type: Application
    Filed: February 15, 2008
    Publication date: September 18, 2008
    Inventor: Richard Himmelstein
  • Publication number: 20080119212
    Abstract: A method for communicating information between mobile units includes identifying by an establishment a receiving mobile unit using a unique identifier. The method also includes generating baseband message data representing a message by constructing at least one data packet from a plurality of data fields. The data fields include a unique identifier of a transmitting mobile unit, and the unique identifier of the receiving mobile unit. The method further includes upconverting the message data from baseband to radio frequency for transmission to the receiving mobile unit. The method still further includes transmitting the upconverted message data from the transmitting mobile unit to the receiving mobile unit.
    Type: Application
    Filed: January 23, 2008
    Publication date: May 22, 2008
    Inventor: Richard Himmelstein
  • Publication number: 20080097930
    Abstract: A bartering system implements barters between a plurality of parties each having one or more classes of items available for barter. Preferably, barter orders are created by designating a selected quantity of a first class of items to be bartered, designating a date range for transferring title of the first class items to be bartered, designating a barter value of the first class of items to be bartered, and designating a second class of items to be acquired. Barter orders are posted via the Internet to a barter database and may be displayed via the Internet. Posted barter orders whose first class of items match the second class of items of a barterer's order are preferably displayed. Posted barter orders from the display are selected to effectuate a barter transaction which combines a barterer's barter order with the selected posted order(s).
    Type: Application
    Filed: December 20, 2007
    Publication date: April 24, 2008
    Inventor: Richard Himmelstein
  • Publication number: 20080071667
    Abstract: A bartering system implements barters between a plurality of parties each having one or more classes of items available for barter. Preferably, barter orders are created by designating a selected quantity of a first class of items to be bartered, designating a date range for transferring title of the first class items to be bartered, designating a barter value of the first class of items to be bartered, and designating a second class of items to be acquired. Barter orders are posted via the Internet to a barter database and may be displayed via the Internet. Posted barter orders whose first class of items match the second class of items of a barterer's order are preferably displayed. Posted barter orders from the display are selected to effectuate a barter transaction which combines a barterer's barter order with the selected posted order(s).
    Type: Application
    Filed: November 21, 2007
    Publication date: March 20, 2008
    Inventor: Richard Himmelstein
  • Publication number: 20070220119
    Abstract: A system and method for efficiently accessing Internet resources is disclosed One example method for providing information from a database of an institution is disclosed which comprises the step of receiving a request from a centralized database management system to forward information from the database of an institution. The method further comprises the step of identifying information within the database based on a key phrase included in the request. The method also includes the steps of identifying a subset of the requested information based on a priority access level and formatting the subset of identified information into a data table having at least one row and at least two columns. The method further includes transmitting the data table.
    Type: Application
    Filed: March 26, 2007
    Publication date: September 20, 2007
    Inventor: Richard Himmelstein
  • Publication number: 20070192411
    Abstract: A system and method for efficiently accessing Internet resources is disclosed. One example method for inputting and searching information in a database is disclosed which comprises a step of providing access for entering information of a first user. The example method also includes steps of receiving and storing the information of the first user. The example method further includes a step of creating a link to the stored information of the first user and receiving, by a centralized database management system, the link to the information of the first user. The method still further includes a step of processing a search request of a second user, search results of the search request including the information of the first user, and the stored information of the first user is accessed via the link.
    Type: Application
    Filed: March 26, 2007
    Publication date: August 16, 2007
    Inventor: Richard Himmelstein
  • Publication number: 20070082678
    Abstract: A vehicle and system for providing a communication link among a plurality of mobile vehicles comprises a broadband RF transceiver with antenna, a GPS receiver, an audio-visual interface, and a microprocessor with associated memory, whereby said microprocessor generates a communication by constructing data packets from a plurality of data fields, including sender information and receiver information.
    Type: Application
    Filed: September 20, 2006
    Publication date: April 12, 2007
    Inventor: Richard Himmelstein
  • Publication number: 20070054677
    Abstract: A vehicle and system for providing a communication link among a plurality of mobile vehicles comprises a broadband RF transceiver with antenna, a GPS receiver, an audio-visual interface, and a microprocessor with associated memory, whereby said microprocessor generates a communication by constructing data packets from a plurality of data fields, including sender information and receiver information.
    Type: Application
    Filed: September 20, 2006
    Publication date: March 8, 2007
    Inventor: Richard Himmelstein
  • Patent number: 7133847
    Abstract: A bartering system implements barters between a plurality of parties each having one or more classes of items available for barter. Preferably, barter orders are created by designating a selected quantity of a first class of items to be bartered, designating a date range for transferring title of the first class items to be bartered, designating a barter value of the first class of items to be bartered, and designating a second class of items to be acquired. Barter orders are posted via the Internet to a barter database and may be displayed via the Internet. Posted barter orders whose first class of items match the second class of items of a barterer's order are preferably displayed. Posted barter orders from the display are selected to effectuate a barter transaction which combines a barterer's barter order with the selected posted order(s).
    Type: Grant
    Filed: August 3, 2001
    Date of Patent: November 7, 2006
    Assignee: Barter Securities
    Inventor: Richard Himmelstein
  • Publication number: 20060190416
    Abstract: A bartering system implements barters between a plurality of parties each having one or more classes of items available for barter. Preferably, barter orders are created by designating a selected quantity of a first class of items to be bartered, designating a date range for transferring title of the first class items to be bartered, designating a barter value of the first class of items to be bartered, and designating a second class of items to be acquired. Barter orders are posted via the Internet to a barter database and may be displayed via the Internet. Posted barter orders whose first class of items match the second class of items of a barterer's order are preferably displayed. Posted barter orders from the display are selected to effectuate a barter transaction which combines a barterer's barter order with the selected posted order(s).
    Type: Application
    Filed: April 18, 2006
    Publication date: August 24, 2006
    Inventor: Richard Himmelstein
  • Patent number: 7092723
    Abstract: A vehicle and system for providing a communication link among a plurality of mobile vehicles comprises a broadband RF transceiver with antenna, a GPS receiver, an audio-visual interface, and a microprocessor with associated memory, whereby said microprocessor generates a communication by constructing data packets from a plurality of data fields, including sender information and receiver information.
    Type: Grant
    Filed: October 6, 2003
    Date of Patent: August 15, 2006
    Inventor: Richard Himmelstein
  • Patent number: 7080050
    Abstract: A bartering system implements barters between a plurality of parties each having one or more classes of items available for barter. Preferably, barter orders are created by designating a selected quantity of a first class of items to be bartered, designating a date range for transferring title of the first class items to be bartered, designating a barter value of the first class of items to be bartered, and designating a second class of items to be acquired. Barter orders are posted via the Internet to a barter database and may be displayed via the Internet. Posted barter orders whose first class of items match the second class of items of a barterer's order are preferably displayed. Posted barter orders from the display are selected to effectuate a barter transaction which combines a barterer's barter order with the selected posted order(s).
    Type: Grant
    Filed: December 3, 1999
    Date of Patent: July 18, 2006
    Assignee: Barter Securities
    Inventor: Richard Himmelstein
  • Publication number: 20050275505
    Abstract: A control system for permitting voice control of at least one device by at least one user includes a transponder which outputs an electronic signal which includes an identification code; an electronic receiver for receiving said electronic signal and downconverting said received signal to output the identification code; a microphone for receiving an audible signal spoken by a user; a memory for storing at least one voiceprint and a command instruction for controlling at least one function of the device; and a microprocessor for determining whether the identification code is valid and for analyzing the audible signal to determine whether it matches the voiceprint stored in memory. The microprocessor executes the command instruction to control the function of the device if a match has been found.
    Type: Application
    Filed: August 17, 2005
    Publication date: December 15, 2005
    Inventor: Richard Himmelstein
  • Publication number: 20030014351
    Abstract: A bartering system implements barters between a plurality of parties each having one or more classes of items available for barter. Preferably, barter orders are created by designating a selected quantity of a first class of items to be bartered, designating a date range for transferring title of the first class items to be bartered, designating a barter value of the first class of items to be bartered, and designating a second class of items to be acquired. Barter orders are posted via the Internet to a barter database and may be displayed via the Internet. Posted barter orders whose first class of items match the second class of items of a barterer's order are preferably displayed. Posted barter orders from the display are selected to effectuate a barter transaction which combines a barterer's barter order with the selected posted order(s). Toolkits are provided for enabling parties, particularly marketmakers, to respond to barter orders in an automated manner.
    Type: Application
    Filed: February 26, 2002
    Publication date: January 16, 2003
    Inventors: Roy Neff, Richard Himmelstein