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:
Oct. 25, 2011
Filed:
Sep. 29, 2006
Daniel R. Fitzpatrick, Summit, NJ (US);
Daniel Geoffrey Kramer, Manchester, MA (US);
Robert Manuel Moitoso, Marshfield, MA (US);
James Worden Toffey, Summit, NJ (US);
Daniel R. Fitzpatrick, Summit, NJ (US);
Daniel Geoffrey Kramer, Manchester, MA (US);
Robert Manuel Moitoso, Marshfield, MA (US);
James Worden Toffey, Summit, NJ (US);
Other;
Abstract
In the financial-services industry, there are online centers that help brokers to match sellers and buyers of stock based on indications of interest (IOIs). However, at least some of these centers are not only limited in the types of IOIs that they provide, but also in the ways how they allow IOI senders to control IOI usage. Accordingly, to facilitate trades, one exemplary system provides an IOI which is associated with an online negotiation capability. Some versions of this system provide mechanisms for users, such as broker-dealers, to define different IOI response privileges for recipients of their IOIs. To reduce the market risks of failed negotiations, some versions provide automated features for comparing confidential information from traders and initiating online negotiations for stock transactions contingent on favorable comparisons.