Steve D Swanson

US Patent:

20100057637, Mar 4, 2010

Filed:

Oct 2, 2009

Appl. No.:

12/572595

Inventors:

Steve Swanson - Mt. Pleasant SC, US
Julian Greim - Charleston SC, US
Nicholas Stech - Daniel Island SC, US

International Classification:

G06Q 40/00
G06F 15/173

US Classification:

705 36 R, 705 37, 709223

Abstract:

A system and appertaining method are provided in which a brokerage firm transmits confidential information about security trading intentions to an anonymous server that follows through on a trade only if there is a likelihood that the trade can be completed. Pricing inputs are obtained that help a price engine determine pricing information for securities. The trade itself is executed by a primary trading system. If the trade is not completed, then the confidential information is not shared with a market maker or other purchasing or selling entity. When security is low and trust is high, for speed purposes, among other things, the anonymous server may be located with a market maker. When security is high and trust is low, any or all of the anonymous server, price engine, and primary trading system can be collocated on site with the broker in a secure environment.

US Patent:

20100023461, Jan 28, 2010

Filed:

Oct 2, 2009

Appl. No.:

12/572567

Inventors:

Steve SWANSON - Mt. Pleasant SC, US
Julian Greim - Charleston SC, US
Nicholas Stech - Daniel Island SC, US

International Classification:

G06Q 40/00

US Classification:

705 36 R, 705 37

Abstract:

A system and appertaining method are provided in which a brokerage firm transmits confidential information about security trading intentions to an anonymous server that follows through on a trade only if there is a likelihood that the trade can be completed. Pricing inputs are obtained that help a price engine determine pricing information for securities. The trade itself is executed by a primary trading system. If the trade is not completed, then the confidential information is not shared with a market maker or other purchasing or selling entity. When security is low and trust is high, for speed purposes, among other things, the anonymous server may be located with a market maker. When security is high and trust is low, any or all of the anonymous server, price engine, and primary trading system can be collocated on site with the broker in a secure environment.

US Patent:

20070271169, Nov 22, 2007

Filed:

May 16, 2006

Appl. No.:

11/434942

Inventors:

Steve Swanson - Mt. Pleasant SC, US
Julian Greim - Charleston SC, US
Nicholas Stech - Daniel Island SC, US

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

A system and appertaining method are provided in which a brokerage firm transmits confidential information about security trading intentions to an anonymous server that follows through on a trade only if there is a likelihood that the trade can be completed. Pricing inputs are obtained that help a price engine determine pricing information for securities. The trade itself is executed by a primary trading system. If the trade is not completed, then the confidential information is not shared with a market maker or other purchasing or selling entity. When security is low and trust is high, for speed purposes, among other things, the anonymous server may be located with a market maker. When security is high and trust is low, any or all of the anonymous server, price engine, and primary trading system can be collocated on site with the broker in a secure environment.