Andrew L Booth

US Patent:

20120078772, Mar 29, 2012

Filed:

Jul 22, 2011

Appl. No.:

13/189050

Inventors:

Andrew M. Booth - New York NY, US

International Classification:

G06Q 40/04

US Classification:

705 37

Abstract:

A Dynamic Transaction Management and Clearing Engine that transforms various data inputs into transaction processing outputs. Contract purchase details, including position volume and purchase volume, for a plurality of contract purchases, each contract having a specified term and trading on an exchange, may be recorded. Short position delivery intents may be received from exchange members having short positions. An instrument nomination specifying a financial instrument to be delivered by a respective associated exchange member may be received for each short position delivery intent. Received short position delivery intents may be aggregated, and a pool of long positions that will take delivery of short positions associated with the aggregated short position delivery intents may be determined. A delivered positions record comprising details for the short positions associated with the aggregated short position delivery intents and the pool of long positions that will take delivery may be generated.

US Patent:

20120221458, Aug 30, 2012

Filed:

Feb 28, 2012

Appl. No.:

13/407755

Inventors:

Andrew Miles Booth - New York NY, US

International Classification:

G06Q 40/04

US Classification:

705 37

Abstract:

The APPARATUSES, METHODS AND SYSTEMS FOR A LOCKED-IN TRADE FACILITATION ENGINE (“LITF ENGINE”) provides and facilitates delivery of open futures positions, upon or before expiry, into financial instruments, such as currency-denominated fixed income market positions. The LITF ENGINE facilitates cash trade transactions produced upon expiration of currency-denominated interest rate and fixed income futures contracts such as U.S. Treasury futures. In one embodiment, the LITF ENGINE provides a delivery process for U.S. Treasury futures, where contracts that remain open after the close of trading on the last trading day of the delivery month may be automatically submitted as locked-in trades in the underlying U.S. Treasury securities eligible for settlement on a delivery vs. payment (DVP) basis on the next business day.