High-frequency Electronic Broker-dealer Trading System Patents Available from ICAP Patent Brokerage

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ICAP Patent Brokerage announces for sale a patent portfolio disclosing a trading system which takes advantage of the role of broker-dealers and other intermediaries in trades, with a priority date of 1999. This IP package is available from Wall Corporation.

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This is a high-speed, comprehensive, and effective trading system which allows intermediaries to participate and provide the benefits of their participation.

ICAP Patent Brokerage announces for sale a patent portfolio disclosing a trading system which takes advantage of the role of broker-dealers and other intermediaries in trades, with a priority date of 1999. This IP package is available from Wall Corporation.

“This is a high-speed, comprehensive, and effective trading system which allows intermediaries to participate and provides the benefits of their participation,” said Dean Becker, CEO of ICAP Patent Brokerage.

Key Characteristics & Benefits
This portfolio discloses a system of electronically trading financial instruments using broker-dealers as intermediaries, with applications in financial services, derivatives, fixed-income securities and bonds trading systems, and securities exchanges.

Broker dealers receive orders relating to particular transactions and have the option to accept the order by submitting a matching counter order, or to rebroker the order with the same or modified terms to a number of other investors or additional broker dealers. The additional broker dealers have similar options, thus providing a system wherein orders can be quickly proliferated to a large number of parties. This order proliferation can be fully or partially automated through the use of predefined rules stored in a database which dictate for each broker dealer whether, to whom and under what terms to rebroker orders. When an order is received, the system processes all such rules to output a set of orders which are then communicated to the corresponding parties. The computerized system is capable of rapidly executing a serial chain of rule-based transactions, and as such describes a scalable environment capable of performing a large volume of trades at high frequency.

US Patent #7,231,363, the primary portfolio asset, is the work of Webster Hughes, PhD mathematics, Princeton; Professor Charles Fefferman, Fields Medal winner and former Chairman of Math Dept, Princeton; and Lee H Miller, MBA, Stanford. This patent has been through an Inter Partes Review, and has been issued a Re-exam Certificate by the USPTO. There also exists a continuation application on file. The disclosed claims are state of the art for trading systems, and as such, claim charts have been developed on a variety of fixed income and FX technologies. Parties interested in viewing the claim charts should contact ICAP Patent Brokerage.

See the executive summary of the high-frequency inter-broker trading system IP sales offering.

To learn more about the intellectual property available for sale in this portfolio, contact Michelle Tyler of ICAP Patent Brokerage at (650) 741-4117 or via email at michelle(at)icapip(dot)com.

If you have a patent portfolio for sale, visit our website to make a patent portfolio submission for an upcoming sealed bid event.

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About ICAP Patent Brokerage
ICAP Patent Brokerage is the world's largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property.

Media Contact
Sarah Saites
(312) 327-4437
Sarah(at)icapip(dot)com

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Michelle Tyler
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