System and method of interfacing for client application programs to access a data management system
Granted: June 28, 2011
Patent Number:
7970686
A system and method are disclosed for communicating information between a securities customer and a trader. The system includes a computer which has three class components for completing the communications between the customer and the trader. A first component manages trading functions, a second component manages customer log-in and password, and the third component manages communication between the first two components and a trading system.
Method and system for issuing letters of credit
Granted: January 25, 2011
Patent Number:
7877324
A system and method for issuing letters of credit. The system and method issue a first letter of credit from a second party to a third party, and issue at least one second letter of credit from the third party to at least one fourth party. The system and method also provide a credit facility from the second party to a first party, the credit facility associated with the first and second letters of credit. The system and method also transfer credit risk from the credit facility to at…
Hybrid securities and methods for their issuance
Granted: September 21, 2010
Patent Number:
7801790
Securities, methods for raising capital using such securities, and systems for managing such securities are provided. The securities provide protection in bankruptcy to investors for a portion of deferred distributions earned by the investor on the security. The security may also provide a call protection period with limitations on capital replacement, and optional and/or mandatory deferral of distributions.
Method and system for efficiently matching long and short positions in securities trading and transacting a series of overnight trades for balance sheet netting
Granted: September 14, 2010
Patent Number:
7797223
A method and system for trading long and short inventory positions in securities for participants involves systematically obtaining long and short position information from each participant, processing the information in accordance with participant-controlled parameters, matching the participants' short positions to other participants' long positions and feeding the resultant activity back to each participant in the form of system-generated repo and reverse repo trades, while maintaining…
Method and system for data file processing
Granted: August 31, 2010
Patent Number:
7788638
A library of jobs is created, with the jobs performing predetermined functions. The jobs include a termination indication, which is success or failure. Input file formats of known file types are determined and a job stream to process the input files is constructed of the jobs linked according to the termination success or failure of the preceding job.
Method and system for issuing treasury equity-linked letters of credit
Granted: June 29, 2010
Patent Number:
7747511
In a system and method for managing risk of fluctuation on company share prices, a financial institution sells a put to a company on a specified number of shares of stock of the company, the put including a strike price that is a predetermined percentage less than a market price of the shares of stock of the company. The financial institution also purchases a call from the company on the specified number of shares of stock of the company, the call including a strike price that is a…
Method and system for efficiently matching long and short positions in securities trading and transacting a series of overnight trades for balance sheet netting
Granted: February 9, 2010
Patent Number:
7660762
A method and system for trading long and short inventory positions in securities for participants involves systematically obtaining long and short position information from each participant, processing the information in accordance with participant-controlled parameters, matching the participants' short positions to other participants' long positions and feeding the resultant activity back to each participant in the form of system-generated repo and reverse repo trades, while maintaining…
Method and system for providing mandatorily convertible securities with an associated call spread against a trust
Granted: January 5, 2010
Patent Number:
7644025
The present invention relates to a method and system for offering a novel mandatorily convertible securities (e.g., DECS) by using a third party entity (either a corporate entity or a newly-formed independent trust) to: 1) issue and sell novel DECS to market investors; 2) obtain from a first entity shares of common stock in a second entity, or rights to receive such shares in the future, to satisfy the mandatory conversion requirement of the DECS; 3) sell or retain the rights to any…
Method and system for artificial neural networks to predict price movements in the financial markets
Granted: May 5, 2009
Patent Number:
7529703
The present invention relates to methods and systems for devising and implementing automated artificial neural networks to predict market performance and direction movements of the U.S. Treasury market, mortgage option-adjusted spreads (OAS), interest rate swap spreads, and U.S. Dollar/Mexican Peso exchange rate. The methods and systems of the present invention employ techniques used in actual neural networks naturally occurring in biological organisms to develop artificial neural…
Method and system for providing dividend enhanced convertible stocks with acceleration triggers
Granted: August 14, 2007
Patent Number:
7257555
The present invention relates to a method and system for providing and/or offering mandatory convertible securities, such as dividend enhanced common/convertible stocks (DECS), with acceleration triggers for securities conversion. The acceleration triggers are attractive to investors of such mandatory convertible securities because they can provide investors with timely returns and/or equities in the issuer should events not favorable to the investors happen prior to a preset securities…
Method and system for providing mandatorily convertible securities with associated senior debt instruments
Granted: August 14, 2007
Patent Number:
7257556
The present invention relates to a method and system for providing and/or offering mandatorily convertible securities with associated senior debt instruments. The mandatorily convertible securities can be preferred stock or a purchase contract with the mandatorily convertible securities converting into a predetermined number of units of an underlying security on a mandatory conversion date. The predetermined number of units of an underlying security is based on a market value of the…
Method and system for file blocking in an electronic messaging system
Granted: March 21, 2006
Patent Number:
7017187
The invention provides a method and system for quickly and preemptively controlling the outbreak of destructive software applications sent in an electronic messaging system. Such system and method provide an additional component to an electronic messaging system to detect and block possible malicious applications in attachments of electronic messages. The additional component can be customized to suit the electronic messaging system and reconfigured to accommodate future virus threats.
