David W Trammell

US Patent:

20080033889, Feb 7, 2008

Filed:

Aug 3, 2006

Appl. No.:

11/498386

Inventors:

James A. Tappan - Oklahoma City OK, US
Tommy J. Hannon - Edmond OK, US
Jacob L. Massey - Oklahoma City OK, US
James B. Rucker - Satellite Beach FL, US
Christopher W. Trammell - Edmond OK, US
David L. Trammell - Chickasha OK, US

International Classification:

G06Q 40/00

US Classification:

705 36 R

Abstract:

An information system for enabling a buyer subscriber and a seller subscriber to directly communicate, negotiate and order financial instruments, particularly fixed income instruments, without the need for an intermediary or inter-dealer broker. The information system is adapted to publish real-time bond offerings, provide search capabilities to allow users to locate bond offerings meeting specific criteria, send real-time notification of offerings entering the marketplace in which a user has a registered interest, manage and negotiate order privileges, provide a network for real-time communication between counter-parties in a transaction, and allow direct communication between a fully disclosed buyer subscriber and a fully disclosed seller subscriber. Also, the information system can cooperate or be integrated with existing industry systems, such as inventory management systems to import offering information, and back-office systems to export transaction information.