Patents by Inventor William Stanley Berliner

William Stanley Berliner 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: 10915955
    Abstract: A computer-implemented method for creating an option on a TBA mortgage backed security, including determining an option position is marked to market daily, where the option position is long or short, determining the option position increased in value by an increased amount on a given day and adding the increased value to a customer's margin account, determining the option position decreased in value by a decreased amount on the given day and subtracting the decreased value from the customer's margin account, and when funds in the margin account are below a predetermined margin requirement, requesting the customer deposit additional funds in the margin account, receiving a request to exercise the option on the TBA mortgage backed security from a customer owning the option on the TBA mortgage backed security.
    Type: Grant
    Filed: April 15, 2019
    Date of Patent: February 9, 2021
    Inventor: William Stanley Berliner
  • Publication number: 20190244293
    Abstract: A computer-implemented method for creating an option on a TBA mortgage backed security, including determining an option position is marked to market daily, where the option position is long or short, determining the option position increased in value by an increased amount on a given day and adding the increased value to a customer's margin account, determining the option position decreased in value by a decreased amount on the given day and subtracting the decreased value from the customer's margin account, and when funds in the margin account are below a predetermined margin requirement, requesting the customer deposit additional funds in the margin account, receiving a request to exercise the option on the TBA mortgage backed security from a customer owning the option on the TBA mortgage backed security.
    Type: Application
    Filed: April 15, 2019
    Publication date: August 8, 2019
    Inventor: William Stanley Berliner
  • Patent number: 10311517
    Abstract: A computer-implemented method for creating an option on a TBA mortgage backed security, including determining an option position is marked to market daily, where the option position is long or short, determining the option position increased in value by an increased amount on a given day and adding the increased value to a customer's margin account, determining the option position decreased in value by a decreased amount on the given day and subtracting the decreased value from the customer's margin account, and when funds in the margin account are below a predetermined margin requirement, requesting the customer deposit additional funds in the margin account, receiving a request to exercise the option on the TBA mortgage backed security from a customer owning the option on the TBA mortgage backed security.
    Type: Grant
    Filed: January 18, 2018
    Date of Patent: June 4, 2019
    Inventor: William Stanley Berliner