IOI-based block trading systems, methods, interfaces, and...

Details IOI-based block trading systems, methods, interfaces, and... IOI-based block trading systems, methods, interfaces, and...

2006-09-29

2011-10-25

Campen, Kelly (Department: 3691)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S035000, C705S03600T

Reexamination Certificate

active

08046290

ABSTRACT:
In the financial-services industry, there are online centers that help brokers to match sellers and buyers of stock based on indications of interest (IOIs). However, at least some of these centers are not only limited in the types of IOIs that they provide, but also in the ways how they allow IOI senders to control IOI usage. Accordingly, to facilitate trades, one exemplary system provides an IOI which is associated with an online negotiation capability. Some versions of this system provide mechanisms for users, such as broker-dealers, to define different IOI response privileges for recipients of their IOIs. To reduce the market risks of failed negotiations, some versions provide automated features for comparing confidential information from traders and initiating online negotiations for stock transactions contingent on favorable comparisons.

REFERENCES:
patent: 3865380 (1975-02-01), Thomas
patent: 5101353 (1992-03-01), Lupien et al.
patent: 6347307 (2002-02-01), Sandhu et al.
patent: 6421653 (2002-07-01), May
patent: 6993511 (2006-01-01), Himmelstein
patent: 7356500 (2008-04-01), Waelbroeck et al.
patent: 2002/0052824 (2002-05-01), Mahanti et al.
patent: 2002/0055901 (2002-05-01), Gianakouros et al.
patent: 2002/0091621 (2002-07-01), Conklin et al.
patent: 2002/0099645 (2002-07-01), Agarwal et al.
patent: 2002/0099646 (2002-07-01), Agarwal et al.
patent: 2002/0128945 (2002-09-01), Moss et al.
patent: 2002/0128955 (2002-09-01), Brady et al.
patent: 2003/0009421 (2003-01-01), Bansal et al.
patent: 2003/0033212 (2003-02-01), Sandhu et al.
patent: 2004/0034591 (2004-02-01), Waelbroeck et al.
patent: 2004/0059666 (2004-03-01), Waelbroeck et al.
patent: 2004/0064420 (2004-04-01), Buist
patent: 2004/0138957 (2004-07-01), Bartolini et al.
patent: 2004/0143540 (2004-07-01), Song
patent: 2004/0172356 (2004-09-01), Agarwal et al.
patent: 2004/0209596 (2004-10-01), Wong et al.
patent: 2005/0021445 (2005-01-01), Caro
patent: 2005/0131797 (2005-06-01), Ananthanarayanan et al.
patent: 2008/0306864 (2008-12-01), Foley et al.
patent: WO-2007/041220 (2007-04-01), None
patent: WO-2007041220 (2007-04-01), None
Mills, Michael “Compliance Clarified Selling IPOs Over the 'Net.(Brief Article)” Jul. 5, 1999, Compliance Reporter , 6 , 14 , 10.
Anonymous“SolutionForge launches ‘FIX.NET Trader’ to make order management more accessible to sell-side;Full-featured, FIX-compliant Order Management System brings advantagesof automated order management to small to medium-sized sell-side firmsFIX.NETTrader addresses calls from buy-side for the sell-side to embrace FIX-enabled trading”Jun. 18, 2003,M2PRE.
“Application Serial No. PCT/US06/37857, International Search Report mailed Nov. 29, 2007”, 7 pgs.
“Application Serial No. PCT/US06/37857, Written Opinion mailed Nov. 29, 2007”, 11 pgs.
“NYFIX®—NYFIX Natural”, [online]. © 2006 NYFIX Inc. [archived Jul. 21, 2006]. Retrieved from the Internet: <URL: http://web.archive.org/web/20060721050620/http://www.nyfix.com/buyside-solutions/transaction-services
yfix-natural>, 1 pg.
“Indii.communications Home Page”, [online]. [archived on Jun. 4, 2001]. Retrieved from the Internet: <URL: http://web.archive.org/web/20010604120607/http://www.indii.com/index.html>, 13 pgs.
“Indii.Communications Home Page”, [online]. [archived on May 29, 2002]. Retrieved from the Internet: <URL: http://web.archive.org/web/20020529135230/http://www.indii.com/>, 13 pgs.
“Indii.Communications Home Page”, [online]. [archived on Sep. 7, 2003]. Retrieved from the Internet: <URL: http://web.archive.org/web/20030907070442/http://www.indii.com/index.html>, 11 pgs.
“Indii.Communications Home Page”, [online]. [retrieved on Apr. 2, 2004]. Retrieved from the Internet: <URL: http://web.archive.org/web/20040402015803/http://www.indii.com/index.html>, 13 pgs.
“Indii.Communications Home Page”, [online]. [archived on Apr. 28, 2004]. Retrieved from the Internet: <URL: http://web.archive.org/web/20040428200642/http://www.indii.com/>, 13 pgs.
“Indii.Communications Home Page”, [online]. [archived on Sep. 18, 2004]. Retrieved from the Internet: <URL: http://web.archive.org/web/20040918033105/http://www.indii.com/>, 16 pgs.
“Indii.Communications Home Page”, [online]. [archived on Oct. 16, 2004]. Retrieved from the Internet: <URL: http://web.archive.org/web/20041016134223/http://www.indii.com/index.html>, 16 pgs.
“Indii.Communications Home Page”, [online]. [archived on Oct. 31, 2005]. Retrieved from the Internet: <URL: http://www.indii.com>, 21 pgs.
Atwell, S., et al., “Financial Information Exchange Protocol (FIX)”,FIXML 4.4 Schema Version Guide, Version 4.4 Schema, (Jan. 9, 2004), 1-51.
“U.S. Appl. No. 11/239,663, Non-Final Office Action mailed Mar. 18, 2008”, 21 pgs.
“U.S. Appl. No. 11/239,663, Non-Final Office Action mailed Dec. 24, 2008”, 14 pgs.
“U.S. Appl. No. 11/239,663, Response filed Sep. 18, 2008 to Non Final Office Action mailed Mar. 18, 2008”, 12 pgs.
“U.S. Appl. No. 11/239,663, Final Office Action Mailed Sep. 4, 2009”, 25 pgs.

Affiliated with

Also associated with

Rating

IOI-based block trading systems, methods, interfaces, and... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with IOI-based block trading systems, methods, interfaces, and..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and IOI-based block trading systems, methods, interfaces, and... will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4255368