System and method for securities borrowing and lending

US8185466B2 · kind B2 · utility

Assignee

• Equilend Holdings LLC · US

Inventors

• John Martinez · San Diego, US
• Judith Robertson · Hercules, US
• Brian Lamb · Waterloo, CA
• Jamie Solomon · Wilder, US
• Jeff Mehlman · North Andover, US
• Michael A. Vardas · Burr Ridge, US
• Sandra Linn · Bourbonnais, US
• Bill O'Meara · Chicago, US
• Pat Cestaro · Muttontown, US
• Kurtis Kreider · Eldred, US
• Ramaz Ashurov · Brooklyn, US
• Gary Klahr · West Orange, US
• Andrew Monkhouse · Orpington, GB
• Igor Modlin · Jersey City, US
• Keith Babitt · Scarsdale, US
• George Payne · Mount Kisco, US
• Anthony Strazza · Staten Island, US
• Christine Doria · Rye Brook, US
• John McKenzie · Port Huron, US
• Anthony Schiavo · Holmdel, US
• Michael C. Robertson · Somers, US
• Brian McLoone · Marshfield, US
• Graham Sida · Cohasset, US
• Leigh A. Weston · Sharon, US
• Marcus Butt · Zollikon, CH
• Ian Strafford-Taylor · London, GB
• Andy Kollegger · Meilen, CH
• Dirk Pruis · Grand Rapids, US

Key dates

• Filing date: Jun 16, 2003
• Grant date: May 22, 2012
• Expiry date: Aug 5, 2026

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Disclosed is a an electronic system for equities securities lending and financing. In particular, the disclosed system provides a hub for electronic financial transactions such as securities borrowing and lending and facilitates the ability of borrowers and lenders to locate suitable counterparties and engage in direct negotiations in a securities lending transaction.