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:
Dec. 01, 2009
Filed:
Oct. 18, 2006
Kelly James Fletcher Wilson, Vancouver, CA;
Cary David Rosenwald, New York, NY (US);
Sean Michael Gilman, Rye, NY (US);
Richard Hartheimer, Morris Plains, NJ (US);
Kelly James Fletcher Wilson, Vancouver, CA;
Cary David Rosenwald, New York, NY (US);
Sean Michael Gilman, Rye, NY (US);
Richard Hartheimer, Morris Plains, NJ (US);
Currenex, Inc., New York, NY (US);
Abstract
A system and method calculate an optimal rates in a multi-source price engine in over the counter (OTC) markets. The system and method integrate rates from multiple liquidity sources to generate an output rate that can be transacted upon. Specifically, the system and method calculate a best bid/offer rate from input rates provided by multiple liquidity sources and apply a target spread and minimum profit to the best bid/offer rate to generate an optimal output rate. The optimal output rate may be a function of many factors, including market conditions, customer credit, and the preferences of the market maker or broker.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile