Daniel Carroll Mccabe

US Patent:

7813987, Oct 12, 2010

Filed:

Jun 5, 2007

Appl. No.:

11/758564

Inventors:

Paul Edward Kuhnle - Doylestown PA, US
George Tedesche Simon - Evanston IL, US
John Stuart Thomas - Morristown NJ, US
Mark Steven Criscitello - Colts Neck NJ, US
Daniel Joseph McCabe - Upper Saddle River NJ, US

Assignee:

D12 Ventures, LLC - Morristown NJ

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35, 705 37

Abstract:

An ETF creation and redemption mechanism for use in managed Exchange Traded Fund (ETF) that retains the confidentiality of the ETF assets. An agency relationship is established with an AP representative who receives the underlying securities from the ETF as part of a like kind exchange in a redemption event. In an alternative embodiment, the AP representative may be used to obtain the portfolio securities as directed by the ETF to perform a creation event. The representative relationship is preferably established by an authorized participant (AP) according an agreement between the AP and the ETF.

US Patent:

7925562, Apr 12, 2011

Filed:

Aug 14, 2007

Appl. No.:

11/838681

Inventors:

Paul Edward Kuhnle - Doylestown PA, US
George Tedesche Simon - Evanston IL, US
John Stuart Thomas - Morristown NJ, US
Mark Steven Criscitello - Colts Neck NJ, US
Daniel Joseph McCabe - Upper Saddle River NJ, US

Assignee:

Diz Ventures - Morristown NJ

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35, 705 37

Abstract:

An ETF pricing mechanism for use in managed Exchange Traded Fund (ETF) or other collective investment vehicle (CIV) that retains the confidentiality of the vehicle's assets. The method of pricing may comprise: selecting a security price for each portfolio security, wherein each selected security price is associated with a time offset within a pricing interval, and wherein the time offsets are not identical for all of the selected security prices; generating a plurality of partial price components based on the selected security prices; determining a intra-day indicative value (IIV) of a CIV share in response to the plurality of partial price components; and, publishing the determined IIV.

US Patent:

8285624, Oct 9, 2012

Filed:

Oct 1, 2010

Appl. No.:

12/896295

Inventors:

Paul Edward Kuhnle - Doylestown PA, US
George Tedesche Simon - Evanston IL, US
John Stuart Thomas - Morristown NJ, US
Mark Steven Criscitello - Colts Neck NJ, US
Daniel Joseph McCabe - Upper Saddle River NJ, US

Assignee:

D12 Ventures, LLC - Bedminster NJ

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35, 705 37

Abstract:

A method for managing redemptions, the method comprising: receiving, a request to redeem shares of a fund for a given market participant (MP), comprising a number of shares to redeem or a value-specifying parameter; communicating before a strike time an identification of a set of assets to distribute including a number of each one of the assets, to a MP representative, which MP representative is restricted from liquidating and disclosing the set of assets; calculating, a true-up amount, based on a monetary value at the strike time of the set of assets and either the monetary value as of the strike time of the number of shares requested to be redeemed, or the monetary value as of the strike time comprising a number of shares approximated by the value-specifying parameter, causing a transfer of all or a portion of the set of assets to the MP representative.

US Patent:

8538839, Sep 17, 2013

Filed:

Dec 5, 2011

Appl. No.:

13/311268

Inventors:

Paul Edward Kuhnle - Doylestown PA, US
George Tedesche Simon - Evanston PA, US
John Stuart Thomas - Bernardsville NJ, US
Mark Steven Criscitello - Colts Neck NJ, US
Daniel Joseph McCabe - Upper Saddle River NJ, US

Assignee:

D12 Ventures, LLC - Bedminster NJ

International Classification:

G07B 17/00

US Classification:

705 30, 705 38, 705 39, 705 40, 705 35, 705 4, 705 57, 705 17, 705 41, 705 37, 705 18, 705 32, 705 50, 705 44, 235379, 235380

Abstract:

A method, system and program product, the method comprising: accessing Transfer Fee data to be paid to a third party that is not the borrower or the lender of a security for a right to loan one or more units of the security; accessing loan data on a loan of units of the security, calculating an amount of a Transfer Fee for the right to loan the security; generating data for debiting an account or sending a bill for the Transfer Fee; sending or having sent data on revenue from one or more of the Transfer Fees to be paid to an issuer of the security; updating the database with data on the Transfer Fee.

US Patent:

8630926, Jan 14, 2014

Filed:

Mar 28, 2012

Appl. No.:

13/433158

Inventors:

Paul Edward Kuhnle - Doylestown PA, US
George Tedesche Simon - Evanston PA, US
John Stuart Thomas - Bernardsville NJ, US
Mark Steven Criscitello - Colts Neck NJ, US
Daniel Joseph McCabe - Upper Saddle River NJ, US

Assignee:

D12 Ventures, LLC - Bedminster NJ

International Classification:

G07B 17/00

US Classification:

705 30, 705 38, 705 39, 705 40, 705 35, 705 4, 705 57, 705 17, 705 41, 705 37, 705 18, 705 32, 705 44, 705 50, 235379, 235380

Abstract:

A method, system and program product, the method comprising: accessing Transfer Fee data to be paid to a third party that is not the borrower or the lender or the buyer or seller in a repurchase agreement transaction of a security for a right to loan or repo one or more units of the security; accessing data on a loan or repo of units of the security, calculating an amount of a Transfer Fee for the right to loan or repo the security; generating data for debiting an account or sending a bill for the Transfer Fee; and updating the database with data on the Transfer Fee.