Systems Involving a Hub Platform and Communication Network Configured for Processing Data Involving Time-Stamped/Time-Sensitive Aspects and/or Other Features
AssigneeClearingBid, Inc.
InventorThomas Luby
Life of this patent
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AssigneeClearingBid, Inc.
InventorThomas Luby
Estimating the term…
Systems and methods for conducting new issue securities offerings, which may be contingent upon the achievement of certain metrics, using an innovative methodology and system that provides price discovery and demand discovery through the use of a substantially transparent public media. Using a hub entity, new issue offering information is published, in real-time, using a global communications network that allows for open access and use by all investors. In operation, broker-dealers submit investor orders for offerings to the hub entity which in turn updates, in real-time, summary data concerning investors' orders through the communications platform. The hub entity further publishes, in real-time, estimated pricing data for the new issue offering based upon the investor orders or from values calculated to replicate a managed investment product. Upon completion of the new issue marketing period, settlement of the offering is completed based upon the order allocations determined by the hub entity.
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The system of claim 13, wherein the operations further comprise:
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A system that markets, prices and allocates new issue securities using one or more communications networks, a computer platform, at least one issuing entity, a plurality of broker-dealers, a plurality of investors, and at least one lead agent, the system process steps comprising:
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Dependencies are inferred from the claim text.