Patents by Inventor Sigurdur Petur Snorrason

Sigurdur Petur Snorrason 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 PROVIDING A DYNAMIC ACCESS PAYMENT IN ASSOCIATION WITH A SECURITY
    Publication number: 20170287070
    Abstract: The disclosure describes systems and methods of utilizing an OTC trading system to convey and manage access fee and access rebate information. Specifically, the disclosure provides methods for providing an access payment in association with a security for display on a graphical user interface. The access payment is calculated using an access payment multiplier and quote price. The access payment multipliers can be applied either the Broker Dealer Level or the Quote Level. A Quote Level access payment multiplier is applied to a specific security wherein an access payment multiplier at the Broker Dealer Level is applied as a global default. Once an access payment for a security is calculated, the access payment is analyzed to determine whether it is in within the defined regulatory parameters. An access payment that is in within the parameters is provided for display while an access payment that is not is rejected.
    Type: Application
    Filed: May 19, 2017
    Publication date: October 5, 2017
    Applicant: OTC MARKETS GROUP, INC.
    Inventors: R. Cromwell Coulson, Matthew Fuchs, Sigurdur Petur Snorrason, Michael Modeski, Rahul Bose
  • SYSTEMS AND METHODS FOR PROVIDING A DYNAMIC ACCESS PAYMENT IN ASSOCIATION WITH A SECURITY
    Publication number: 20130080309
    Abstract: The disclosure describes systems and methods of utilizing an OTC trading system to convey and manage access fee and access rebate information. Specifically, the disclosure provides methods for providing an access payment in association with a security for display on a graphical user interface. The access payment is calculated using an access payment multiplier and quote price. The access payment multipliers can be applied either the Broker Dealer Level or the Quote Level. A Quote Level access payment multiplier is applied to a specific security wherein an access payment multiplier at the Broker Dealer Level is applied as a global default. Once an access payment for a security is calculated, the access payment is analyzed to determine whether it is in within the defined regulatory parameters. An access payment that is in within the parameters is provided for display while an access payment that is not is rejected.
    Type: Application
    Filed: September 26, 2011
    Publication date: March 28, 2013
    Applicant: OTC Markets Group Inc.
    Inventors: R. Cromwell Coulson, Matthew Fuchs, Sigurdur Petur Snorrason, Michael Modeski, Rahul Bose