Michael H Dunne

US Patent:

6985883, Jan 10, 2006

Filed:

May 2, 2000

Appl. No.:

09/563461

Inventors:

Michael Togher - New York City NY, US
Michael F. Dunne - Boonton NJ, US
Richard Hartheimer - Morris Plains NJ, US

Assignee:

EBS Dealing Resources, Inc. - New York NY

International Classification:

G06F 17/60

US Classification:

705 37, 705 1, 705 35, 705 38

Abstract:

An anonymous trading system (FIG. ) identifies the best bids and offers (QuoteSubmit, FIG. ) from those counterparties (WS Aa) with which each party (WS Afb WS 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.

US Patent:

6996541, Feb 7, 2006

Filed:

Sep 22, 2003

Appl. No.:

10/665570

Inventors:

Michael Togher - New York City NY, US
Michael F. Dunne - Boonton NJ, US
Richard Hartheimer - Morris Plains NJ, US

Assignee:

EBS Dealing Resources, Inc.

International Classification:

G06F 17/60

US Classification:

705 37, 705 35, 705 36

Abstract:

An anonymous trading system identifies the best bids and offers from those counterparties with which each party 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 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 dealing with that particular financial instrument.

US Patent:

7610238, Oct 27, 2009

Filed:

Jun 7, 2005

Appl. No.:

11/146073

Inventors:

Michael Togher - New York City NY, US
Michael F. Dunne - Boonton NJ, US
Richard Hartheimer - Morris Plains NJ, US

Assignee:

EBS Dealing Resources, Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

An anonymous trading system (FIG. ) identifies the best bids and offers (QuoteSubmit, FIG. ) from those counterparties (WS A) with which each party (WS A, WS A,. . . . WSA) 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 A,. . . WS A) dealing with that particular financial instrument.

US Patent:

60146273, Jan 11, 2000

Filed:

Jun 18, 1996

Appl. No.:

8/665594

Inventors:

Michael Togher - New York NY
Michael F. Dunne - Boonton NJ
Richard Hartheimer - Morris Plains NJ

Assignee:

EBS Dealing Resources, Inc. - New York NY

International Classification:

G06F 1900

US Classification:

705 1

Abstract:

An anonymous trading system (FIG. 1) identifies the best bids and offers (QuoteSubmit, FIG. 3) from those counterparties (WS Alal ) with which each party (WS A1b1, WS A1b2,. . . WSA2a2) 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. 3) 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 (24,26) is calculated for each of the traders (WS A1b,. . . WS A2a) dealing with that particular financial instrument.

US Patent:

53750551, Dec 20, 1994

Filed:

Feb 3, 1992

Appl. No.:

7/830408

Inventors:

Michael Togher - New York City NY
Michael F. Dunne - Boonton NJ
Richard Hartheimer - Morris Plains NJ

Assignee:

Foreign Exchange Transaction Services, Inc. - Long Island City NY

International Classification:

G06F 1521

US Classification:

364408

Abstract:

An anonymous trading system identifies the best bids and offers from those counterparties with which each party 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 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 dealing with that particular financial instrument.