Patents by Inventor Todd Bessemer

Todd Bessemer 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).

  • Spot market clearing
    Publication number: 20050114255
    Abstract: A spot market clearing house for clearing spot market trades. The spot market clearing house may receive data indicative of settlement for the spot market trades of a participant in a single spot market or in multiple spot markets. The data may include data indicative of initial settlement and data indicative of revised settlement amounts. The spot market clearing house may further determine performance bonds amounts based on daily exposures of the participant in the single spot market or multiple spot markets. The spot market clearing house may manage fund transfers to clear trades of the participant and to satisfy performance bond amounts.
    Type: Application
    Filed: February 26, 2004
    Publication date: May 26, 2005
    Inventors: Francis Shields, Todd Bessemer, Mark Ruane