Patents by Inventor Timothy M. Keiser

Timothy M. Keiser 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: 8756142
    Abstract: A computer-implemented financial management system provides the trading of securities via a network using virtual currency. A server computer receives buy and sell orders for derivative financial instruments from a plurality of client computers. The server computer attempts to match the buy and sell orders and then generates a market price through the use of a virtual specialist program executed by the server computer. The virtual specialist program responds to an imbalance in the matching of the buy and sell orders. The virtual currency accumulated by HSX account holders as a result of successful trading may be converted to another currency, credited toward the cost of merchandise provided through a vendor's web site, etc.
    Type: Grant
    Filed: December 17, 1999
    Date of Patent: June 17, 2014
    Assignee: CFPH, LLC
    Inventors: Timothy M. Keiser, Michael R. Burns
  • Patent number: 8606685
    Abstract: A computer-implemented financial management system provides the trading of securities via a network using virtual currency. A server computer receives buy and sell orders for derivative financial instruments from a plurality of client computers. The server computer attempts to match the buy and sell orders and then generates a market price through the use of a virtual specialist program executed by the server computer. The virtual specialist program responds to an imbalance in the matching of the buy and sell orders. The virtual currency accumulated by HSX account holders as a result of successful trading may be converted to another currency, credited toward the cost of merchandise provided through a vendor's web site, etc.
    Type: Grant
    Filed: September 4, 2003
    Date of Patent: December 10, 2013
    Assignee: CFPH, LLC
    Inventors: Timothy M. Keiser, Michael R. Burns
  • Patent number: 7487123
    Abstract: A computer-implemented financial management system provides the trading of securities via a network using virtual currency. A server computer receives buy and sell orders for derivative financial instruments from a plurality of client computers. The server computer attempts to match the buy and sell orders and then generates a market price through the use of a virtual specialist program executed by the server computer. The virtual specialist program responds to an imbalance in the matching of the buy and sell orders. The virtual currency accumulated by HSX account holders as a result of successful trading may be converted to another currency, credited toward the cost of merchandise provided through a vendor's web site, etc.
    Type: Grant
    Filed: August 25, 1999
    Date of Patent: February 3, 2009
    Assignee: CFPH, LLC
    Inventors: Timothy M. Keiser, Michael R. Burns
  • Patent number: 7006991
    Abstract: The present invention discloses method, apparatus, and article of manufacture for a computer-implemented financial management system that permits the trading of securities via a network. A server computer receives buy and sell orders for derivative financial instruments from a plurality of client computers. The server computer matches the buy orders to the sell orders and then generates a market price through the use of a virtual specialist program executed by the server computer. The virtual specialist program responds to an imbalance in the matching of the buy and sell orders.
    Type: Grant
    Filed: November 21, 2002
    Date of Patent: February 28, 2006
    Assignee: CFPH, LLC
    Inventors: Timothy M. Keiser, Michael R. Burns
  • Publication number: 20040049447
    Abstract: A computer-implemented financial management system provides the trading of securities via a network using virtual currency. A server computer receives buy and sell orders for derivative financial instruments from a plurality of client computers. The server computer attempts to match the buy and sell orders and then generates a market price through the use of a virtual specialist program executed by the server computer. The virtual specialist program responds to an imbalance in the matching of the buy and sell orders. The virtual currency accumulated by HSX account holders as a result of successful trading may be converted to another currency, credited toward the cost of merchandise provided through a vendor's web site, etc.
    Type: Application
    Filed: September 4, 2003
    Publication date: March 11, 2004
    Inventors: Timothy M. Keiser, Michael R. Burns
  • Publication number: 20030171980
    Abstract: The present invention discloses method, apparatus, and article of manufacture for a computer-implemented financial management system that permits the trading of securities via a network. A server computer receives buy and sell orders for derivative financial instruments from a plurality of client computers. The server computer matches the buy orders to the sell orders and then generates a market price through the use of a virtual specialist program executed by the server computer. The virtual specialist program responds to an imbalance in the matching of the buy and sell orders.
    Type: Application
    Filed: November 21, 2002
    Publication date: September 11, 2003
    Inventors: Timothy M. Keiser, Michael R. Burns
  • Patent number: 6505174
    Abstract: The present invention discloses method, apparatus, and article of manufacture for a computer-implemented financial management system that permits the trading of securities via a network. A server computer receives buy and sell orders for derivative financial instruments from a plurality of client computers. The server computer matches the buy orders to the sell orders and then generates a market price through the use of a virtual specialist program executed by the server computer. The virtual specialist program responds to an imbalance in the matching of the buy and sell orders.
    Type: Grant
    Filed: November 2, 1998
    Date of Patent: January 7, 2003
    Assignee: HSX, Inc.
    Inventors: Timothy M. Keiser, Michael R. Burns