The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 10, 2006
Filed:
May. 02, 2000
Michael Togher, New York City, NY (US);
Michael F. Dunne, Boonton, NJ (US);
Richard Hartheimer, Morris Plains, NJ (US);
Michael Togher, New York City, NY (US);
Michael F. Dunne, Boonton, NJ (US);
Richard Hartheimer, Morris Plains, NJ (US);
EBS Dealing Resources, Inc., New York, NY (US);
Abstract
An anonymous trading system (FIG.) identifies the best bids and offers (QuoteSubmit, FIG.) from those counterparties (WS Aa) with which each party (WS AfbWS Ab, ... WS Aa) 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 (QuoteSubmit, FIG.) 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 (WS Ab, . . . WS Aa) dealing with that particular financial instrument.