SYSTEM AND METHOD FOR EXCHANGING INSTITUTIONAL RESEARCH AND TRADE ORDER EXECUTION SERVICES
Patent №
US 8,635,148
Granted
2014-01-21
Filed 2013
Owner
UAT, INC.
Lab
—
AI components
2
planning · hardware
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
13753175
An embodiment of the present invention provides a system and method for creating an electronic marketplace, utilizing an electronic non-currency unit of exchange, that provides for and facilitates the cost effective exchange of institutional research and trade order execution services between asset management firms and executing brokers in such manner as to substantially lower trading costs and improve investment performance on a recurring basis for the shareholders and beneficiaries investing in mutual funds and other investment portfolios.
AI classification
Ownership
UAT, INC.
assignment · 306820182
Assignors
CHIULLI, ALLAN T., WARREN, TOM H.
On an employer assignment, the assignors are typically the inventors.