Charles A Ocheret

Title: The Innovative Contributions of Charles A. Ocheret

Introduction

Charles A. Ocheret, a prominent inventor based in Scarsdale, NY, has made significant strides in the field of auction systems and pricing mechanisms. With a remarkable portfolio of six patents, Ocheret has developed innovative solutions that enhance the efficiency and transparency of capital formation processes.

Latest Patents

Among Ocheret’s latest patents is the "Auction system and method for pricing and allocation during capital formation." This computer-implemented system determines the price and allocation of equity shares. It provides pertinent information about offers to accepted bids from both qualified and non-qualified potential purchasers. Notably, non-qualified buyers can submit bids through qualified purchasers, streamlining the bidding process. The system then calculates a clearing price based on the received bids, thereby optimizing the capital formation process.

Another significant patent is for "Systems and methods for pricing and allocation of commodities or securities," which outlines an innovative auction mechanism for securities conducted online. This system rewards participants for the priority of anonymizing their bids while allowing winning bidders to pay a single market-clearing price for securities. Furthermore, participants can monitor the auction in real time, enhancing transparency and efficiency.

Career Highlights

Ocheret has had a fruitful career, with substantial contributions while working at W.R. Hambrecht + Co., LLC, and W.R. Hambrecht & Co. His experience in these firms has undoubtedly shaped his expertise in capital markets and auction systems.

Collaborations

Throughout his career, Ocheret has collaborated with notable individuals, including Othar Hansson and Jordan M. Hayes. These collaborations have facilitated the exchange of ideas and fostered innovative developments in the auction space.

Conclusion

Charles A. Ocheret stands out as an influential inventor whose innovative contributions to auction systems and pricing methods have the potential to transform the landscape of capital formation. With a solid foundation of patents and a rich professional background, Ocheret continues to push the boundaries of technology and efficiency in the financial sector.