Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-02-07
2006-02-07
Colbert, Ella (Department: 3624)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S03600T
Reexamination Certificate
active
06996541
ABSTRACT:
An anonymous trading system identifies the best bids and offers from those counterparties with which each party is currently eligible to deal, while maintaining the anonymity of the potential counterparty and the confidentiality of any specific credit limitations imposed by the anonymous potential counterparty. To that end, each bid or offer for a particular type of financial instrument is prescreened by the system for compatibility with limited credit information (for example, a one bit flag indicating whether a predetermined limit has already been exceeded) and an anonymous “Dealable” price is calculated for each of the traders dealing with that particular financial instrument.
REFERENCES:
patent: 3573747 (1971-04-01), Adams et al.
patent: 4376978 (1983-03-01), Musmanno
patent: 4412287 (1983-10-01), Braddock, III
patent: 4674044 (1987-06-01), Kalmus et al.
patent: 4677552 (1987-06-01), Sibley, Jr.
patent: 4750135 (1988-06-01), Boilen
patent: 4903201 (1990-02-01), Wagner
patent: 4942616 (1990-07-01), Linstroth et al.
patent: 4980826 (1990-12-01), Wagner
patent: 5003473 (1991-03-01), Richards
patent: 5038284 (1991-08-01), Kramer
patent: 5077665 (1991-12-01), Silverman et al.
patent: 5101353 (1992-03-01), Lupien et al.
patent: 5136501 (1992-08-01), Silverman et al.
patent: 5168446 (1992-12-01), Wiseman
patent: 5195031 (1993-03-01), Ordish
patent: 5243331 (1993-09-01), McCausland et al.
patent: 5258908 (1993-11-01), Hartheimer et al.
patent: 5267148 (1993-11-01), Kosaka et al.
patent: 5289578 (1994-02-01), Hartheimer et al.
patent: 5297031 (1994-03-01), Gutterman et al.
patent: 5297032 (1994-03-01), Trojan et al.
patent: 5305200 (1994-04-01), Hartheimer et al.
patent: 5375055 (1994-12-01), Togher et al.
patent: 5508913 (1996-04-01), Yamamoto et al.
patent: 5655088 (1997-08-01), Midorikawa et al.
patent: 5727165 (1998-03-01), Ordish et al.
patent: 5758328 (1998-05-01), Giovannoli
patent: 5787328 (1998-07-01), Sugihara et al.
patent: 5787402 (1998-07-01), Potter et al.
patent: 5802499 (1998-09-01), Sampson et al.
patent: 5806050 (1998-09-01), Shinn et al.
patent: 5842178 (1998-11-01), Giovannoli
patent: 5915245 (1999-06-01), Patterson, Jr. et al.
patent: 5918218 (1999-06-01), Harris et al.
patent: 5924082 (1999-07-01), Silverman et al.
patent: 5963923 (1999-10-01), Garber
patent: 6014627 (2000-01-01), Togher et al.
patent: 0399850 (1989-05-01), None
patent: 0 411 748 (1990-05-01), None
patent: 0 399 850 (1990-11-01), None
patent: 0 407 026 (1991-01-01), None
patent: 0453150 (1991-04-01), None
patent: 0 512 702 (1992-04-01), None
patent: 0 625 275 (1994-11-01), None
patent: 93/15467 (1993-08-01), None
patent: 96/05563 (1996-02-01), None
patent: 97/08640 (1997-03-01), None
patent: 97/22072 (1997-06-01), None
patent: 97/45802 (1997-12-01), None
Trading Systems Technology, “RADAR Emerges as Rival to Reuters' Dealing 2000-2”, vol. 3, No. 8, Oct. 23, 1989.
Declaration of William Lloyd Donner, Jan. 1998.
Money Match, Functional Specification, Version 1, Aug. 1990, The Sequor Group Inc. Software Services.
Earle, Dennis M. New Path for Trade Settlement, Wall Street Computer Review.
Schmerken, Ivy Banks Eye Forex Matching Systems, Wall Stree Computer Review, vol. 9, No. 2, p. 45.
Campbell, Carl M. Jr., A Microprocessor-Based Module to Provide Security in Electronic Funds Transfer Systems, IEEE Compcon, Fall of 1979.
Wilson, John F., On-Line International Cash Management, Annual ACM Conference, 1983.
Burman, Michael, Aspects of a High-Volume Producitorr Online Banking System, IEEE Compcon, Spring of 1985.
Weintraub, B.A., Managing Change in a High Dollar Electronic Funds Transfer Environmnet, IEEE Compcon, Spring of 1987.
Sammer, Harald W. Online Stock Trading Systems: Study of an Application, IEEE Compcon, Spring of 1987.
Malone, Thomas W., Yates, Joanne, Benjamin, Robert I., Electronic Markets and Electronic Hierarchies, Communications of ACM, Jun. 1987.
Clemons, E.K., Row, C., Merrill Lynch Cash Mgmt Account Financial Svc: A Case Study in Strategic Info Systems, 21st Annual Hawaii Int. Conf. on Sysm Sci. 1988 v. 4.
Finebaum, M., Information Systems in the Securities Industry, 21st Annual Hawaii Int. Conf. on System Sciences, 1988, vol. 4.
Sager, M.T., Competitive Alliances with Info. Tech. The Australian Retail Banking Experience, 22nd Annual Hawaii Int. Conference on System Sciences, 1989, vol. 4.
Gutner, Tammi, Fine If You're Big, The Banker, Oct. 1988.
Arend, Mark, Swift Speeds up as Broker/Dealers Join, Wall Street Computer Review, Jan. 1989.
Essinger, James, ISE'S ‘SAEF’ Debuts to Make the Market Sound, Wall Street Computer Review, May 1989.
Freund, W.C., Electronic Trading and Linkages in Intn'l Equity Markets, Financial Analysis Journal, May-Jun. 1989.
Schmerken, Ivy, High-Tech Banks Set to Challenge Wall Street, Wall Street Computer.
Arend, Mark, Banks Lure investors with High-Tech Convenience, Wall Street Computer Review, Dec, 1989.
Arend, Mark, Where Wall Street's Tending in Trading Systems Design, Wall Street Computer Review, Jun. 1990.
Brennan, P.J., OTC Trading Systems Lead in Race to Automate, Wall Street Computer Review, Nov. 1990.
Cody, B.J., Reducing the Costs and Risks of Trading Foreign Exchange, Wall Street Computer Review, Nov. 1990.
Arend, Mark, Seer Technologies Still Learning to Fly, Wall Street Conputer Review, Jun. 1991.
Goodman, Ann, The MONEP: Mixing Men and Machines for Market Might, Wall Street Computer Review, Aug. 1991.
Heyman, D.P., A Performance Model of the Credit Manager Algorithm, Computer Networks and ISDN Systems, Mar. 1992.
Rihaczek, Karl, Teletrust, Computer Networks and ISDN Systems, 1987.
Hansell, Saul, The Wild, Wired World of Electronic Exchanges, Institutional Investor, Sep. 1989.
Turoff, Murray, Chinai, Sanjit, An Electronic Information Marketplace, Computer Networks and ISDN Systems, 1985.
Tulley, C., International Banking and Communications, Networks and Electronics Office Systems, 1985.
Method for Collection of Accounting Data, IBM Technical Disclosure Bulletin, 1986.
Banks Look to Build FX Order—Matching Systems Quotron Eyed as Vendor, Minex as Co-Sponsor?, FX Week, May 17, 1991.
TST Interviews Evan Schulman, Automated Trading Pioneer, Trading Systems Technology, Jul. 15, 1991.
Special Report: Citibank Mulls Strategy to Gain Control of Trading Systems, Trading Systems Technology, Oct. 7, 1991.
Staying in the Middle: . . . Brokers are Fighting to Keep Their Role in the Market; Includes Related Article on Crossing Networks, Wall Street Comp. Rvw., Dec. 1991.
Technology: ABN-AMRO Signs on Dotted Line as the Twelfth EBS Member, FX Week, Dec. 14, 1992.
Davis, Stephen G., Two Rivals to Reuters' F/X System Apr. Launches, Bank Letter, Nov. 30, 1992.
Two Rivals to Reuters' F/X System Apr. Launches, Wall Street Letter, Nov. 30, 1992.
Reuters to Offer Last-Trade Feed of Currency Rates, Inside Market Data, Jun. 8, 1992.
Jeffries, AZX, Others Team with Buy-Side Software System, Wall Street Letter, Jun. 8, 1992.
Clean Air Futures; Chicago Board of Trade's Proposed Emissions Credit Trading Program, Sulphur, May 1992.
Proprietary Execution: Minex Secures Asian Support for Order-Matching System, Trading Systems Technology, Jan. 27, 1992.
Goodman, Ann, New Trading Products Spawn New Systems; The Chicago Board of Trade is Building a New Electronic Trading System, Wall Street Comp. Rvw. Jan. 1992.
Proprietary Execution: Quotron, EBS Demo Prototype of Forex Order-Matching System, Trading System Technology, Nov. 4, 1992.
Eleven Banks, Quotron Unveil EBS Demo Anonymous Forex Order-Matching System, FX Week, Nov. 1, 1991.
Keith, C. The Overdue Revolution; Equity Trading in the Post-Electronic Age: A Working Plan for a Customer-Based System, Invstmt Dealer's Digest, Sep. 30, 1991.
AVCO Financial Corp.: Recurrence Software for the Serious Trader; Recurrence Real-Time Currency Trading System, Mag. of Comm & Options, Sep. 15, 1991.
Banks Ready to Give up on Reuters, Top of the Week; p. 16, Jun. 10, 1991.
Fingleton, Eamonn, Tokyo Takes on Reuters in the Race to Wire the Forex World, International Japan Journal; p.
Dunne Michael F.
Hartheimer Richard
Togher Michael
Colbert Ella
Dickstein Shapiro Morin & Oshinsky LLP.
EBS Dealing Resources, Inc.
LandOfFree
Credit management for electronic brokerage system does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Credit management for electronic brokerage system, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Credit management for electronic brokerage system will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-3665643