Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2001-12-24
2009-06-30
Poinvil, Frantzy (Department: 3696)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000
Reexamination Certificate
active
07555455
ABSTRACT:
A computer-implemented method and system for trading of debt securities (bonds), where multiple dealers participate and compete on a single platform (100). Dealers and investors have respective interfaces (250, 230) for communicating. In one aspect, dealers announce new debt security issues (400), the investors communicate an indication of interest (IOI) (500) in purchasing the new debt security issues, and the issues are allocated to the investors. In another aspect, issues from multiple dealers are made available to investors on a secondary trading market in a searchable format (1000). In response to price inquiries sent by the investors (1200), the dealers provide offers (1300) which are briefly held and released to the investor concurrently to allow the investor to consider all offers together. In another aspect, the dealers post bid and offer terms for actively traded issues (1700) that are updated in real-time to avoid the need for the inquiry procedure.
REFERENCES:
patent: 4903201 (1990-02-01), Wagner
patent: 5774880 (1998-06-01), Ginsberg
patent: 5809483 (1998-09-01), Broka et al.
patent: 5857176 (1999-01-01), Ginsberg
patent: 5873071 (1999-02-01), Ferstenberg et al.
patent: 5893079 (1999-04-01), Cwenar
patent: 5905974 (1999-05-01), Fraser et al.
patent: 5915209 (1999-06-01), Lawrence
patent: 6029146 (2000-02-01), Hawkins et al.
patent: 6035287 (2000-03-01), Stallaert et al.
patent: 6058379 (2000-05-01), Odom et al.
patent: 6134535 (2000-10-01), Belzberg
patent: 6161099 (2000-12-01), Harrington et al.
patent: 6247000 (2001-06-01), Hawkins et al.
patent: 6321212 (2001-11-01), Lange
patent: 6343278 (2002-01-01), Jain et al.
patent: 6594643 (2003-07-01), Freeny, Jr.
patent: 7006991 (2006-02-01), Keiser et al.
patent: 7165045 (2007-01-01), Kim-E
patent: 2002/0059126 (2002-05-01), Ricciardi
patent: 2002/0099645 (2002-07-01), Agarwal et al.
patent: 2002/0111896 (2002-08-01), Ben-Levy et al.
patent: 2002/0128958 (2002-09-01), Slone
patent: 2002/0161690 (2002-10-01), McCarthy et al.
patent: 2003/0033239 (2003-02-01), Gilbert et al.
patent: 2003/0115125 (2003-06-01), Lee et al.
Extended European Search Report from European Application No. 06001738.1. (Jun. 12, 2007).
International Search Report for International Application No. PCT/US01/49290 mailed Oct. 29, 2002.
International Search Report for International Application No. PCT/US04/22424 mailed Mar. 5, 2005.
Agarwal Brijesh
Moseley Rachel
Schiffman Richard J.
Donner Irah H.
MarketAxess Holdings Inc.
Poinvil Frantzy
Wilmer Cutler Pickering Hale and Dorr LLP
LandOfFree
Method and system for computer-implemented trading of new... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Method and system for computer-implemented trading of new..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method and system for computer-implemented trading of new... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-4092898