IP Library Granted Patent US 12,205,167
Granted Patent B1
US 12,205,167 · App. 18/398,296 · Granted Jan 21, 2025

Bond information system and related methods of operation

Inventor: Robert J. Smith (Birmingham, AL)
G06Q40/04G06Q40/06
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Quick Facts
Patent No.
US 12,205,167
App. No.
18/398,296
Granted
Jan 21, 2025
Kind
B1
Abstract

In various aspects, a computer receives bond market information in digital form via a network cloud from various combinations of a trading computer of an electronic trading platform and an information computer of an information source and the computer then transforms the bond market information into a bond market analysis. Accordingly, the bond market information, which is generally disorganized digital information existing on various combinations of the trading computer and the information computer, is transmitted to the computer via the network cloud and then transformed by the computer into an organized bond market analysis, which is also in digital form, and which may be displayed in various ways. The computer may automatically generate order information in digital form in response to the bond market analysis and the computer may communicate the order via the network cloud to the trading computer for execution.

Claims (40)

1. A method of trading bonds, comprising the steps of:

receiving continuously in real time, by a computer, bond market information from one or more electronic trading platforms, each electronic trading platform of the one or more electronic trading platforms comprising one or more electronic trading computers;

communicating the bond market information in digital form, the bond market information comprising unorganized information in a variety of formats from the one or more electronic trading computers of the one or more electronic trading platforms, the bond market information comprising pricing of bond trading occurring on the one or more electronic trading platforms;

continuously organizing in real time the bond market information into an organized digital form by the computer forming a bond market analysis comprising the organized digital form;

continuously updating in real time, by the computer, the bond market analysis;

selecting, by the computer, a selected bond from bonds trading on the one or more electronic trading platforms;

automatically generating, by the computer, order information corresponding to the selected bond responding in real time to the bond market analysis;

automatically communicating, by the computer via the network cloud, the order information to at least one of the one or more electronic trading computers of the one or more electronic trading platforms; and

executing, by at least one of the one or more electronic trading computers of the one or more electronic trading platforms, the order information while automatically trading, by the computer, the selected bond on another electronic trading platform concurrently in real-time.

2. The method of claim 1 , further comprising the step of adjusting a coupon yield of the selected bond to a bid coupon yield using a relationship between the coupon yield and a par yield of the selected bond thereby determining a bid price of the selected bond, the order information comprising the bid price.

3. The method of claim 1 , further comprising the step of adjusting a coupon yield of the selected bond to an asked coupon yield using a relationship between the coupon yield and a par yield of the selected bond thereby determining an asked price of the selected bond, the order information comprising the asked price.

4. The method of claim 3 , further comprising the step of adjusting a rating of the selected bond to an adjusted rating automatically by the computer using the bond market information, the bond market analysis comprising the adjusted rating.

5. The method of claim 4 , wherein a credit default swap corresponding to the selected bond is used in performing the step of adjusting a rating of the selected bond to an adjusted rating automatically by the computer using the bond market information.

6. The method of claim 1 , further comprising the step of displaying by the computer at least portions of the bond market analysis.

7. The method of claim 1 , wherein a function of at least portions of a Fibonacci sequence is used in performing the step of organizing the bond market information into the organized digital form using the computer.

8. The method of claim 1 , wherein the selected bond is selected from all bonds trading on at least one electronic trading platform of the one or more electronic trading platforms.

9. The method of claim 1 , wherein the selected bond is selected from a bond group comprising a portion of the bonds trading on the one or more electronic trading platforms.

10. The method of claim 1 , wherein the selected bond is trading at par on the one or more electronic trading platforms.

11. The method of claim 1 , wherein the selected bond is trading at other than par on the one or more electronic trading platforms.

12. A method of trading bonds, comprising the steps of:

transmitting to a computer via a network cloud bond market information in digital form continuously in real time from one or more electronic trading computers, each electronic trading platform of one or more electronic trading platforms comprising at least one electronic trading computer of the one or more electronic trading computers, the bond market information comprising unorganized information in a variety of formats from the one or more electronic trading computers of the one or more electronic trading platforms, the bond market information comprising pricing of bond trading occurring on the one or more electronic trading platforms;

continuously organizing, by the computer in real time, the bond market information into an organized digital form forming a bond market analysis comprising the organized digital form;

continuously updating in real time, by the computer, the bond market analysis;

selecting, by the computer, a selected bond from bonds trading on the one or more electronic trading platforms;

automatically generating, by the computer, order information corresponding to the selected bond responding in real time to the bond market analysis;

automatically receiving, from the computer, the order information by at least one of the one or more electronic trading computers of the one or more electronic trading platforms via the network cloud; and

executing the order information by at least one of the one or more electronic trading computers of the one or more electronic trading platforms while automatically trading, by the computer, the selected bond on another electronic trading platform concurrently in real-time.

13. The method of claim 12 , further comprising the step of adjusting a coupon yield of the selected bond to a bid coupon yield using a relationship between the coupon yield and a par yield of the selected bond thereby determining a bid price of the selected bond, the order information comprising the bid price.

14. The method of claim 12 , further comprising the step of adjusting a coupon yield of the selected bond to an asked coupon yield using a relationship between the coupon yield and a par yield of the selected bond thereby determining an asked price of the selected bond, the order information comprising the asked price.

15. The method of claim 12 , further comprising the step of adjusting a rating of the selected bond to an adjusted rating automatically by the computer using the bond market information, the bond market analysis comprising the adjusted rating.

16. The method of claim 15 , wherein a credit default swap corresponding to the selected bond is used in performing the step of adjusting a rating of the selected bond to an adjusted rating automatically by the computer using the bond market information.

17. The method of claim 12 , further comprising the step of displaying by the computer at least portions of the bond market analysis.

18. The method of claim 12 , wherein functions of Fibonacci numbers are used in performing the step of organizing the bond market information into an organized digital form using the computer.

19. A non-transitory computer readable media comprising computer readable instructions that, when executed, cause a computer to perform the steps of:

receiving continuously in real time, by a computer, bond market information from one or more electronic trading platforms, each electronic trading platform of the one or more electronic trading platforms comprising one or more electronic trading computers;

communicating the bond market information in digital form, the bond market information comprising unorganized information in a variety of formats from the one or more electronic trading computers of the one or more electronic trading platforms, the bond market information comprising pricing of bond trading occurring on the one or more electronic trading platforms;

continuously organizing in real time the bond market information into an organized digital form by the computer forming a bond market analysis comprising the organized digital form; continuously updating in real time, by the computer, the bond market analysis; selecting, by the computer, a selected bond from bonds trading on the one or more electronic trading platforms;

automatically generating, by the computer, order information corresponding to the selected bond responding in real time to the bond market analysis;

automatically communicating, by the computer via the network cloud, the order information to at least one of the one or more electronic trading computers of the one or more electronic trading platforms; and

executing, by at least one of the one or more electronic trading computers of the one or more electronic trading platforms, the order information while automatically trading, by the computer, the selected bond on another electronic trading platform concurrently in real-time.

Continuity (3)
Continuation 18232492 · Aug 10, 2023
Continuation 17487907 · Sep 28, 2021
Continuation 16746080 · Jan 17, 2020
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