Walter W Bell

US Patent:

7716121, May 11, 2010

Filed:

Sep 25, 2007

Appl. No.:

11/861129

Inventors:

Joshua Walsky - Woodcliff Lake NJ, US
Tyler Moeller - New York NY, US
John Crouch - New York NY, US
Walter Bell - Princeton NJ, US

Assignee:

Broadway Technology LLC - New York NY

International Classification:

G06Q 40/00

US Classification:

705 37, 705 26, 705 35, 705 38

Abstract:

Presented is a computer-based system for exchange order routing over a communication network which includes a client terminal configured to provide an end-user interface between the client terminal and a first server, the interface providing a template for building an order routing strategy including a stipulation string, and to submit one or more orders and the order routing strategy to the first server. A program executable within the communication network to implement the routing strategy by crossing the order on a first electronic exchange, and placing order liquidity on respective second electronic exchanges. A method implements the order routing strategy by receiving an order and a routing strategy containing a stipulation string having parameters of predetermined criteria, a first phase order processing allocates a first order quantity to a crossing location, a second phase order processing allocates a second order quantity to an idle location.

US Patent:

20040172337, Sep 2, 2004

Filed:

Feb 27, 2003

Appl. No.:

10/378013

Inventors:

Daniel Spoonhower - Pittsburgh PA, US
Daniel Huttenlocher - Ithaca NY, US
Brian Freyburger - New York NY, US
William Rucklidge - Mountain View CA, US
Tracey Jaquith - Lafayette CA, US
Walter Bell - San Francisco CA, US

International Classification:

G06F017/60

US Classification:

705/026000

Abstract:

A computer-implemented method of buying and selling items on an electronic marketplace comprising: providing computer readable media encoded with rules that define multiple tiers of an order for a prescribed quantity of an item; wherein a respective rule for a respective tier sets forth a respective bid or offer for the item that is applicable to the respective tier; wherein a respective rule for a respective tier identifies one or more participants eligible to receive a respective bid or offer applicable to the respective tier; and wherein respective rules define prioritization of respective tiers; providing the order over the network while implementing eligibility rules for the tiers so that respective bids or offers are accessible only to respective participants eligible to receive the respective bids or offers; receiving over the electronic marketplace one or more responsive bids or offers to one or more respective provided offers or bids; matching provided bids or offers with received offers or bids in accordance with respective participant eligibility rules so as to provide respective matched bids and offers; evaluating respective matched provided bids and offers for compatibility; resolving resolvable differences between matched bids and offers so as to produce respective compatible matched bids and offers; and executing respective compatible matched bids and offers according to the defined prioritization and up to no more than the prescribed quantity.

US Patent:

20040172338, Sep 2, 2004

Filed:

Feb 28, 2003

Appl. No.:

10/378162

Inventors:

Daniel Spoonhower - Pittsburgh PA, US
Daniel Huttenlocher - Ithaca NY, US
Brian Freyburger - New York NY, US
William Rucklidge - Mountain View CA, US
Walter Bell - San Francisco CA, US

International Classification:

G06F017/60

US Classification:

705/026000

Abstract:

A computer-implemented method of matching orders comprising: defining a first order for a first item; defining a second order for a second item; defining at least one condition applicable to combined execution of the first and second orders; wherein the at least one condition sets forth a required proportionality measure as between the first order and the second orders; defining a prioritization of first and second orders; and submitting to an electronic marketplace at most one at a time of a new order of only an item of the first order or only an item of the second order: wherein execution of both the first order and the second order meets the conditions applicable to the execution of the first and second orders; and wherein execution of both the first order and the and second order is contingent upon the execution of the at least one order submitted over the electronic marketplace.

US Patent:

20040177025, Sep 9, 2004

Filed:

Feb 27, 2003

Appl. No.:

10/378012

Inventors:

Daniel Spoonhower - Pittsburgh PA, US
Daniel Huttenlocher - Ithaca NY, US
Brian Freyburger - New York NY, US
William Rucklidge - Mountain View CA, US
Tracey Jaquith - Lafayette CA, US
Walter Bell - San Francisco CA, US

International Classification:

G06F017/60

US Classification:

705/037000

Abstract:

A computer-implemented method of finding a complementary set of parties to begin a negotiation for a trade in an item comprising: creating respective user models, based upon one or more external market factors, to respectively predict behavior of one or more respective users with respect to participation in a transaction in the item; evaluating current external market conditions with respect to the item; based upon respective user models and results of the current external market evaluation, respectively predicting respective current conditions in which respective users are likely to participate in transactions in the item; identifying respective users with respective complementary current conditions; notifying at least one respective user of the existence of at least one other user predicted to currently be likely to be willing to participate in a transaction in the item on conditions that are complementary to conditions on which such at least one notified user is likely to be willing to participate in a transaction in the item.