Stuart A Fraser

US Patent:

6560580, May 6, 2003

Filed:

Apr 20, 1999

Appl. No.:

09/294526

Inventors:

Stuart A. Fraser - Armonk NY
Howard Lutnick - New York NY
Bijoy Paul - North Brunswick NJ

Assignee:

Cantor Fitzgerald, L.P. (CFLP) - New York NY
CFPH L.L.C. (CFPH) - New York NY

International Classification:

G06F 1720

US Classification:

705 37, 705 35, 705 36

Abstract:

A data processing system for implementing transaction management of auction-based trading for specialized items such as fixed income instruments. The data processing system provides a highly structured trading protocol implemented through a sequence of trading paradigms. The system employs a distributed computer processing network linking together a plurality of commonly programmed controlled workstations. The protocol and its programmed controlling logic enhances trading efficiency, rewards market makers and fairly distributes market opportunity to system users.

US Patent:

6850907, Feb 1, 2005

Filed:

Dec 18, 1998

Appl. No.:

09/216464

Inventors:

Howard Lutnick - New York NY, US
Stuart Fraser - Armonk NY, US
Bijoy Paul - North Brunswick NJ, US

Assignee:

Cantor Fitzgerald, L.P. - New York NY
CFPH, L.L.C. - New York NY

International Classification:

G06F 1760

US Classification:

705 37

Abstract:

A data processing system for implementing transaction management of auction-based trading for specialized items such as fixed income instruments. The data processing system provides a highly structured trading protocol implemented through a sequence of trading paradigms. The system employs a distributed computer processing network linking together a plurality of commonly configured program controlled workstations. The protocol and its program controlling logic enhances trading efficiency, rewards market Makers, and fairly distributes market opportunity to system users.

US Patent:

6963856, Nov 8, 2005

Filed:

Sep 20, 2002

Appl. No.:

10/251717

Inventors:

Howard Lutnick - New York NY, US
Stuart Fraser - Armonk NY, US
Bijoy Paul - North Brunswick NJ, US

Assignee:

Cantor Fitzgerald, L.P. - New York NY
CEPH, LLC - New York NY

International Classification:

G06F017/60

US Classification:

705 37

Abstract:

Data processing systems and methods for managing transactions in auction-based trading of specialized items such as fixed income instruments are presented. The data processing system provides a highly structured trading protocol implemented through a sequence of trading paradigms. The system employs a distributed computer processing network linking together a plurality of commonly configured program-controlled workstations. The protocol and its program-controlling logic improves trading efficiency, rewards market Makers, and fairly distributes market opportunity to system users.

US Patent:

7392214, Jun 24, 2008

Filed:

Apr 19, 2000

Appl. No.:

09/553423

Inventors:

Stuart A. Fraser - Armonk NY, US
Andrew C. Gilbert - Califon NJ, US
Philip M. Ginsberg - New York NY, US
Glenn D. Kirwin - Scarsdale NY, US
Howard W. Lutnick - New York NY, US
Michael E. Williams - Morristown NJ, US

Assignee:

BGC Partners, Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 37, 705 35, 705 36, 705 38, 37911401

Abstract:

The present invention is systems and methods for trading. In accordance with these systems and methods, a plurality of trader work stations that are connected to a central server may be provided. Through the work stations and central server, the systems and methods may perform participant qualification, instrument creation, bid/offer entry and response, when hit and take, workup, price retention, price improvement, request for market, bid/off restoration, price generation, position conversion, marking to market, and delivery functions.

US Patent:

D572253, Jul 1, 2008

Filed:

Nov 28, 2007

Appl. No.:

29/298077

Inventors:

Stuart A. Fraser - Armonk NY, US
Howard Lutnick - New York NY, US
Bijoy Paul - North Brunswick NJ, US

Assignee:

Cantor Fitzgerald, L.P. CFPH, LLC - New York NY

International Classification:

1402

US Classification:

D14396

US Patent:

7401044, Jul 15, 2008

Filed:

Jun 14, 2000

Appl. No.:

09/593554

Inventors:

Stuart A. Fraser - Armonk NY, US
Philip M. Ginsberg - New York NY, US
Glenn D. Kirwin - Scarsdale NY, US
Howard W. Lutnick - New York NY, US

Assignee:

CFPH, L.L.C. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 37, 705 35

Abstract:

Systems and methods for electronic trading that provide incentives for gathering orders, making markets, and submitting block orders are provided. These systems and methods may first determine if the trader qualifies for an incentive. This determination may be made based upon one or more characteristics, such as price, size, duration, etc. , of orders submitted to the trading system by the trader. Once the trader has been determined as being eligible for one or more incentives, the incentives that are provided may include reduced transaction costs, cash payments, priority or exclusivity in trading, self execution of transactions, etc.

US Patent:

D573991, Jul 29, 2008

Filed:

Feb 19, 2008

Appl. No.:

29/303844

Inventors:

Stuart A. Fraser - Armonk NY, US
Howard W. Lutnick - New York NY, US
Bijoy Paul - Sugarland TX, US

Assignee:

Cantor Fitzgerald - New York NY
L.P. CFPH, LLC - New York NY

International Classification:

1402

US Classification:

D14396

US Patent:

D573992, Jul 29, 2008

Filed:

Feb 19, 2008

Appl. No.:

29/303845

Inventors:

Stuart A. Fraser - Armonk NY, US
Howard W. Lutnick - New York NY, US
Bijoy Paul - Sugarland TX, US

Assignee:

Cantor Fitzgerald, L.P. CFPH, LLC - New York NY

International Classification:

1402

US Classification:

D14396