Patents by Inventor Stuart Hersch

Stuart Hersch 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: 20240095835
    Abstract: A method of trading includes performing a transaction of a futures contract between a buyer and a seller. The futures contract is associated with at least one entertainment event and comprises a purchase price and a settlement date. The method concludes by performing a settlement of the futures contract based at least in part upon the purchase price and a value associated with the entertainment event at the settlement date. The entertainment event is associated with a security and the transaction of the futures contract is performed in conjunction with the issuance of the security to the seller.
    Type: Application
    Filed: November 29, 2023
    Publication date: March 21, 2024
    Inventors: Joseph M. Asher, Stuart A. Hersch, James J. Lefkowitz, Gregory P. Manning, Howard W. Lutnick
  • Publication number: 20230325937
    Abstract: A method comprising receiving at least one document that is associated with a life insurance policy; assigning a respective value to each of the at least one document, in which the value indicates a level of importance; determining a summation of the at least one document; determining an indication for the life insurance policy, in which the indication is based on the summation of the at least one document and at least one of the values; and displaying the indication.
    Type: Application
    Filed: June 14, 2023
    Publication date: October 12, 2023
    Inventors: Howard W. Lutnick, Stuart A. Hersch, Laurence Rose
  • Publication number: 20230116472
    Abstract: According to an embodiment, a method includes accessing a listing of a plurality of profiles of life insurance policies. A profile is selected from the listing, and the trading status of the profile can be viewed. A buy command or sell command is submitted to an exchange system to trade the life insurance policy that is associated with the selected profile.
    Type: Application
    Filed: December 13, 2022
    Publication date: April 13, 2023
    Inventors: Howard W. Lutnick, Stuart A. Hersch
  • Publication number: 20230101655
    Abstract: A method of trading includes performing a transaction of a futures contract between a buyer and a seller. The futures contract is associated with at least one entertainment event and comprises a purchase price and a settlement date. The method concludes by performing a settlement of the futures contract based at least in part upon the purchase price and a value associated with the entertainment event at the settlement date. The entertainment event is associated with a security and the transaction of the futures contract is performed in conjunction with the issuance of the security to the seller.
    Type: Application
    Filed: December 5, 2022
    Publication date: March 30, 2023
    Inventors: Joseph M. Asher, Stuart A. Hersch, James J. Lefkowitz, Gregory P. Manning, Howard W. Lutnick
  • Publication number: 20220327630
    Abstract: A method comprising receiving at least one document that is associated with a life insurance policy; assigning a respective value to each of the at least one document, in which the value indicates a level of importance; determining a summation of the at least one document; determining an indication for the life insurance policy, in which the indication is based on the summation of the at least one document and at least one of the values; and displaying the indication.
    Type: Application
    Filed: June 29, 2022
    Publication date: October 13, 2022
    Inventors: Howard W. Lutnick, Stuart A. Hersch, Laurence Rose
  • Publication number: 20200258160
    Abstract: A method of trading includes performing a transaction of a futures contract between a buyer and a seller. The futures contract is associated with at least one entertainment event and comprises a purchase price and a settlement date. The method concludes by performing a settlement of the futures contract based at least in part upon the purchase price and a value associated with the entertainment event at the settlement date. The entertainment event is associated with a security and the transaction of the futures contract is performed in conjunction with the issuance of the security to the seller.
    Type: Application
    Filed: May 1, 2020
    Publication date: August 13, 2020
    Inventors: Joseph M. Asher, Stuart A. Hersch, James J. Lefkowitz, Gregory P. Marming, Howard W. Lutmck
  • Publication number: 20200226692
    Abstract: According to an embodiment, a method includes accessing a listing of a plurality of profiles of life insurance policies. A profile is selected from the listing, and the trading status of the profile can be viewed. A buy command or sell command is submitted to an exchange system to trade the life insurance policy that is associated with the selected profile.
    Type: Application
    Filed: March 23, 2020
    Publication date: July 16, 2020
    Inventors: Howard W. Lutnick, Stuart A. Hersch
  • Publication number: 20200118216
    Abstract: A method comprising receiving at least one document that is associated with a life insurance policy; assigning a respective value to each of the at least one document, in which the value indicates a level of importance; determining a summation of the at least one document; determining an indication for the life insurance policy, in which the indication is based on the summation of the at least one document and at least one of the values; and displaying the indication.
    Type: Application
    Filed: October 16, 2019
    Publication date: April 16, 2020
    Inventors: Howard W. Lutnick, Stuart A. Hersch, Laurence Rose
  • Publication number: 20150142478
    Abstract: A method comprising receiving at least one document that is associated with a life insurance policy; assigning a respective value to each of the at least one document, in which the value indicates a level of importance; determining a summation of the at least one document; determining an indication for the life insurance policy, in which the indication is based on the summation of the at least one document and at least one of the values; and displaying the indication.
    Type: Application
    Filed: July 18, 2014
    Publication date: May 21, 2015
    Inventors: Howard W. Lutnick, Stuart A. Hersch, Laurence Rose
  • Patent number: 8788294
    Abstract: A method comprising receiving at least one document that is associated with a life insurance policy; assigning a respective value to each of the at least one document, in which the value indicates a level of importance; determining a summation of the at least one document; determining an indication for the life insurance policy, in which the indication is based on the summation of the at least one document and at least one of the values; and displaying the indication.
    Type: Grant
    Filed: August 30, 2007
    Date of Patent: July 22, 2014
    Assignee: CFPH, LLC
    Inventors: Howard W. Lutnick, Stuart A. Hersch, Laurence Rose
  • Publication number: 20140058759
    Abstract: A server may receive from a trading system information on an insurance policy, in which the information may include privacy related information. The server may compare the privacy related information to at least one predefined characteristic and determine that there is a match between the privacy related information and the characteristic. Based at least in part on there being a match, the server may filter-out the insurance policy such that the information on the insurance policy is not provided to a workstation in use by a participant. Alternatively, the server may determine that there is not a match between the privacy related information and the characteristic and provide the information, minus the privacy related information, to the workstation.
    Type: Application
    Filed: June 3, 2013
    Publication date: February 27, 2014
    Applicant: CFPH, LLC
    Inventor: Stuart Hersch
  • Patent number: 8457994
    Abstract: A server may receive from a trading system information on an insurance policy, in which the information may include privacy related information. The server may compare the privacy related information to at least one predefined characteristic and determine that there is a match between the privacy related information and the characteristic. Based at least in part on there being a match, the server may filter-out the insurance policy such that the information on the insurance policy is not provided to a workstation in use by a participant. Alternatively, the server may determine that there is not a match between the privacy related information and the characteristic and provide the information, minus the privacy related information, to the workstation.
    Type: Grant
    Filed: July 3, 2012
    Date of Patent: June 4, 2013
    Assignee: CFPH, LLC
    Inventor: Stuart Hersch
  • Patent number: 8396724
    Abstract: Product and processes that comprise receiving a query for a settlement contract that is available for sale. The query is based on at least one field. The settlement contract comprises a sale of a policyholder's death benefit in a life insurance policy in exchange for money. A first settlement contract that comprises information matching the at least one queried field is retrieved. A plurality of potential purchasers received communication that the first settlement contract is available for purchase. During a pre-determined period of time, a plurality of bids for the first settlement contract is received. Each of the plurality of bids comprises a bid price. It is determined that a first bidder has submitted a best bid price for the settlement contract. The first bidder and the policyholder are notified of an agreement to sell the first settlement contract at the best bid price.
    Type: Grant
    Filed: April 26, 2010
    Date of Patent: March 12, 2013
    Assignee: CFPH, LLC
    Inventors: Howard W. Lutnick, Stuart A. Hersch
  • Publication number: 20120278112
    Abstract: A server may receive from a trading system information on an insurance policy, in which the information may include privacy related information. The server may compare the privacy related information to at least one predefined characteristic and determine that there is a match between the privacy related information and the characteristic. Based at least in part on there being a match, the server may filter-out the insurance policy such that the information on the insurance policy is not provided to a workstation in use by a participant. Alternatively, the server may determine that there is not a match between the privacy related information and the characteristic and provide the information, minus the privacy related information, to the workstation.
    Type: Application
    Filed: July 3, 2012
    Publication date: November 1, 2012
    Applicant: CFPH, LLC
    Inventor: Stuart Hersch
  • Patent number: 8219423
    Abstract: A server may receive from a trading system information on an insurance policy, in which the information may include privacy related information. The server may compare the privacy related information to at least one predefined characteristic and determine that there is a match between the privacy related information and the characteristic. Based at least in part on there being a match, the server may filter-out the insurance policy such that the information on the insurance policy is not provided to a workstation in use by a participant. Alternatively, the server may determine that there is not a match between the privacy related information and the characteristic and provide the information, minus the privacy related information, to the workstation.
    Type: Grant
    Filed: May 9, 2008
    Date of Patent: July 10, 2012
    Assignee: CFPH, LLC
    Inventor: Stuart Hersch
  • Publication number: 20110208633
    Abstract: A method of trading includes performing a transaction of a futures contract between a buyer and a seller. The futures contract is associated with at least one entertainment event and comprises a purchase price and a settlement date. The method concludes by performing a settlement of the futures contract based at least in part upon the purchase price and a value associated with the entertainment event at the settlement date. The entertainment event is associated with a security and the transaction of the futures contract is performed in conjunction with the issuance of the security to the seller.
    Type: Application
    Filed: February 19, 2010
    Publication date: August 25, 2011
    Inventors: Joseph M. Asher, Stuart A. Hersch, James J. Lefkowitz, Gregory P. Marming, Howard W. Lutmck
  • Publication number: 20100211405
    Abstract: Product and processes that comprise receiving a query for a settlement contract that is available for sale. The query is based on at least one field. The settlement contract comprises a sale of a policyholder's death benefit in a life insurance policy in exchange for money. A first settlement contract that comprises information matching the at least one queried field is retrieved. A plurality of potential purchasers received communication that the first settlement contract is available for purchase. During a pre-determined period of time, a plurality of bids for the first settlement contract is received. Each of the plurality of bids comprises a bid price. It is determined that a first bidder has submitted a best bid price for the settlement contract. The first bidder and the policyholder are notified of an agreement to sell the first settlement contract at the best bid price.
    Type: Application
    Filed: April 26, 2010
    Publication date: August 19, 2010
    Inventors: Howard W. LUTNICK, Stuart A. Hersch
  • Patent number: 7734484
    Abstract: According to an embodiment, a method includes accessing a listing of a plurality of profiles of life insurance policies. A profile is selected from the listing, and the trading status of the profile can be viewed. A buy command or sell command is submitted to an exchange system to trade the life insurance policy that is associated with the selected profile.
    Type: Grant
    Filed: October 17, 2006
    Date of Patent: June 8, 2010
    Assignee: CFPH, LLC
    Inventors: Howard W. Lutnick, Stuart A. Hersch
  • Patent number: 7698199
    Abstract: A method of trading includes performing a transaction of a futures contract between a buyer and a seller. The futures contract is associated with at least one entertainment event and comprises a purchase price and a settlement date. The method concludes by performing a settlement of the futures contract based at least in part upon the purchase price and a value associated with the entertainment event at the settlement date. The entertainment event is associated with a security and the transaction of the futures contract is performed in conjunction with the issuance of the security to the seller.
    Type: Grant
    Filed: May 20, 2005
    Date of Patent: April 13, 2010
    Assignee: BGC Partners, Inc.
    Inventors: Joseph M. Asher, Stuart A. Hersch, James J. Lefkowitz, Gregory P. Manning, Howard W. Lutnick
  • Publication number: 20090281840
    Abstract: A server may receive from a trading system information on an insurance policy, in which the information may include privacy related information. The server may compare the privacy related information to at least one predefined characteristic and determine that there is a match between the privacy related information and the characteristic. Based at least in part on there being a match, the server may filter-out the insurance policy such that the information on the insurance policy is not provided to a workstation in use by a participant. Alternatively, the server may determine that there is not a match between the privacy related information and the characteristic and provide the information, minus the privacy related information, to the workstation.
    Type: Application
    Filed: May 9, 2008
    Publication date: November 12, 2009
    Inventor: Stuart Hersch