Method and system for real time margin calculation

• US 7,966,236 B2
• Filed: 07/07/2004
• Issued: 06/21/2011
• Est. Priority Date: 07/07/2004
• Status: Expired due to Fees

• Current Assignee: UBS Business Solutions AG (UBS Ag)
• Original Assignee: UBS Financial Services Incorporated (UBS Ag)
• Inventors: Patel, Keyur, Konratev, Olga, Christensen, David, Kupelian, Andre, Diamantidis, Angelo, Noriega, Carla, Lipschutz, Mark, Pedersen, Elizabeth L, Brill, Ellen, Chow, Takshing Andy
• Primary Examiner(s): Kyle; Charles R
• Assistant Examiner(s): Niquette; Robert R
• Application Number:
  US10/885,321
• Publication Number:
  US 20060010064A1
• Time in Patent Office: 2,540 Days
• Field of Search: 705 35- 45, 707/4
• US Class Current: 705/35
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

Methods and systems for real time margin management are provided. A margin inquiry request from a user is processed in real time. Such a margin inquiry request may include a real time on-demand margin inquiry. In addition, a margin inquiry request may also correspond to a hypothetical margin inquiry.

Claims

1. A computer readable non-transitory medium containing a set of computer readable instructions that when executed on a computing device performs the steps of:

receiving through an electronic user interface a first margin inquiry request, the first margin inquiry request comprising margin inquiry parameters used to calculate first margin information relating to at least one financial account;

calculating the first margin information for the at least one financial account based on at least the margin inquiry parameters of the first margin inquiry request;

detecting a violation of a margin requirement in the at least one financial account from the first margin information;

presenting the first margin information, including information corresponding to the detected violation, through the electronic user interface;

receiving through the electronic user interface a second margin inquiry request, the second margin inquiry request comprising parameters defining a proposed transaction to cure the violation detected in the at least one financial account;

calculating second margin information based on at least the parameters of the second margin inquiry request; and

presenting the second margin information through the electronic user interface relating to the proposed transaction for curing the violation.

2. The computer readable non-transitory medium of claim 1, where wherein the margin inquiry parameters comprise rules used to calculate the first margin information, the rules including least one of in-house rules or government rules.

3. The computer readable non-transitory medium of claim 1, where wherein:

the margin inquiry parameters comprise transaction information concerning any transaction or transactions to which the first margin inquiry request is directed, the transaction information including a price or prices of a security or securities to be used to calculate the first margin information, the prices including market prices, intraday prices, and hypothetical prices; and

the first margin information includes at least one of a dollar amount requirement to be imposed on the transactions to which the first margin inquiry request is directed, margins associated with a special memorandum account, an excess value, and an equity amount.

4. The computer readable non-transitory medium of claim 3, where the excess value includes:

cash account excess; and

house maintenance excess.

5. The computer readable non-transitory medium of claim 3, where the equity amount includes:

cash account balance; and

net margin equity.

6. The computer readable non-transitory medium of claim 1, where the first margin inquiry request seeks to assess the impact of changing one or more of the margin inquiry parameters.

7. The computer readable non-transitory medium of claim 1, where the first margin inquiry request seeks to assess the impact of changing one or more rules used to calculate the first margin information.

8. A computer-implemented system for managing margin accounts comprising:

a computing device, the computing device having one or more processors, the one or more processors configured to;

receive through an electronic user interface a first margin inquiry request, the first margin inquiry request comprising margin inquiry parameters used to calculate first margin information relating to at least one financial account;

calculate the first margin information for the at least one financial account based on at least the margin inquiry parameters of the first margin inquiry request

detect a violation of a margin requirement in the at least one financial account from the first margin information;

present the first margin information, including information corresponding to the detected violation, through the electronic user interface;

receive through the electronic user interface a second margin inquiry request, the second margin inquiry request comprising parameters defining a proposed transaction to cure the violation detected in the at least one financial account;

calculate second margin information based on at least the parameters of the second margin inquiry request; and

present the second margin information through the electronic user interface relating to the proposed transaction for curing the violation.

9. The computer-implemented system of claim 8, wherein the margin inquiry parameters comprise rules used in calculating the first margin information, the rules including at least one of in-house rules or government rules.

10. The computer-implemented system of claim 8, wherein:

the margin inquiry parameters comprise transaction information concerning any transaction or transactions to which the first margin inquiry request is directed, the transaction information including a price or prices of a security or securities to be used to calculate the first margin information, the prices including market prices, intraday prices, and hypothetical prices; and

the first margin information includes at least one of a dollar amount requirement to be imposed on the transaction or transactions to which the first margin inquiry request is directed, margins associated with a special memorandum account, an excess value, and an equity amount.

11. The computer-implemented system of claim 10, where the excess value includes:

cash account excess; and

house maintenance excess.

12. The computer-implemented system of claim 10, where the equity amount includes:

cash account balance; and

net margin equity.

13. The computer-implemented system of claim 8, where the first margin inquiry request seeks to assess the impact of changing one or more of the margin inquiry parameters.

14. The computer-implemented system of claim 8, where the first margin inquiry request seeks to assess the impact of changing one or more rules used in calculating the first margin information.