Method for investing working capital
First Claim
1. A method for using a device to facilitate short term investments of working capital by a corporate investor, comprising:
- determining a principal amount of working capital for investment;
determining a specific maturity term for said principal amount;
utilizing said principal amount and said specific maturity term to form an investment contract offer;
providing said investment contract offer in a device;
coupling said device to a central server;
uploading said investment contract offer to said server from said device;
selecting one of a first acceptance option or a second acceptance option, said first acceptance option is automatically accepting a transaction acceptance response having most favorable terms to said investment contract offer, and said second acceptance option is conditionally accepting a transaction acceptance response upon approval by the corporate investor seeking said investment contract;
making said investment contract offer available to a plurality of securities dealers;
receiving at said server one or more transaction acceptance responses from one or more securities dealers;
operating said server to utilize said selected one of said first acceptance option or said second acceptance option;
transmitting to said device at least one transaction acceptance response to said investment contract offer from said central server, said at least one transaction response comprising a rate of return on said principal amount, said central server providing said at least one transaction acceptance response in response to receiving said at least one transaction acceptance response from at least one of a plurality of securities dealers;
transmitting to said device a notification of acceptance of said at least one transaction response if said first acceptance option is selected;
transmitting to said device a transaction acceptance response that is conditionally accepted if said second acceptance option is selected; and
utilizing said central server to select said at least one transaction acceptance response, said central server automatically selecting one of said transaction acceptance response if said first option is selected, and said central server responding to receipt of a transaction acceptance response is received from said device if said second option is selected.
0 Assignments
0 Petitions
Accused Products
Abstract
A method of doing business comprises receiving an investment contract offer from a corporate investor specifying a principal amount and a maturation term. The investment contract offer is communicated to a plurality of securities dealers, each of whom may communicate an acceptance of the offer by providing an identification of the securities and a rate. At the end of a predetermined time period, a selection algorithm is used to select the most favorable or aggregation of most favorable acceptances to the corporate investor. In one embodiment of the invention, selection at the close of the predetermined time period is automatic acceptance and is communicated to the corporate investor and to the securities dealer having the selected acceptance.
4 Citations
16 Claims
-
1. A method for using a device to facilitate short term investments of working capital by a corporate investor, comprising:
-
determining a principal amount of working capital for investment; determining a specific maturity term for said principal amount; utilizing said principal amount and said specific maturity term to form an investment contract offer; providing said investment contract offer in a device; coupling said device to a central server; uploading said investment contract offer to said server from said device; selecting one of a first acceptance option or a second acceptance option, said first acceptance option is automatically accepting a transaction acceptance response having most favorable terms to said investment contract offer, and said second acceptance option is conditionally accepting a transaction acceptance response upon approval by the corporate investor seeking said investment contract; making said investment contract offer available to a plurality of securities dealers; receiving at said server one or more transaction acceptance responses from one or more securities dealers; operating said server to utilize said selected one of said first acceptance option or said second acceptance option; transmitting to said device at least one transaction acceptance response to said investment contract offer from said central server, said at least one transaction response comprising a rate of return on said principal amount, said central server providing said at least one transaction acceptance response in response to receiving said at least one transaction acceptance response from at least one of a plurality of securities dealers; transmitting to said device a notification of acceptance of said at least one transaction response if said first acceptance option is selected; transmitting to said device a transaction acceptance response that is conditionally accepted if said second acceptance option is selected; and utilizing said central server to select said at least one transaction acceptance response, said central server automatically selecting one of said transaction acceptance response if said first option is selected, and said central server responding to receipt of a transaction acceptance response is received from said device if said second option is selected. - View Dependent Claims (2, 3, 4, 5, 6)
-
-
7. A method for facilitating placement of short term debt instruments by a securities dealer, comprising:
-
coupling a device accessible by said securities dealer to a central server, receiving from said central server an investment contract offer from a corporate investor of working capital, said investment contract offer being formed in accordance with the steps of determining a principal amount to be invested, determining an investment term, and identifying a predetermined time period during which transaction acceptance responses will be received for said investment contract offer; identifying an investment instrument and a corresponding interest rate; utilizing said identified investment instrument and corresponding interest rate to form a transaction acceptance response; uploading from said device said transaction acceptance response to said central server during said predetermined period of time; and receiving transaction acceptance confirmation from said central server, said transaction acceptance confirmation being automatically generated by said central server if said corporate investor selected an automatic acceptance option or said transaction acceptance confirmation being provided by said central server in response to receipt of an acceptance input from said corporate investor if said corporate investor selected a non-automatic acceptance option and said corporate investor accepted said transaction acceptance. - View Dependent Claims (8, 9, 10)
-
-
11. A method to facilitate transactions between a corporate investor desiring to invest working capital and securities dealers desiring to market short term instruments, said method comprising:
-
determining a principal amount of working capital for investment; determining a specific maturity term for said principal amount; forming an investment contract offer from said principal amount and said specific maturity term; uploading said investment contract offer to a central server; selecting one of a first acceptance option or a second acceptance option, said first acceptance option is said server automatically accepting a transaction acceptance response having most favorable terms to said investment contract offer, and said second acceptance option is said server conditionally accepting a transaction acceptance response upon until approval by the corporate investor seeking said investment contract; utilizing said central server to perform the following steps; receiving said investment contract offer; informing a plurality of securities dealers of said investment contract offer; identifying a predetermined time period; receiving from one or more securities dealers of said plurality of securities dealers one or more transaction acceptance responses via said central server during said predetermined time period, each said transaction acceptance response being formed by the steps of identifying an investment instrument and identifying a rate of return corresponding to said investment instrument; communicating one or more of said transaction acceptance responses to said corporate investor; selecting one of said transaction acceptance responses, said selected one of said transaction acceptance responses being automatically selected by said server if said first acceptance option is selected and said selected one of said transaction acceptance responses being selected only after acceptance by said corporate investor if said second acceptance option is selected; and communicating said selected one of said transaction acceptance response to the securities dealer originating said selected acceptance response. - View Dependent Claims (12, 13, 14)
-
-
15. A method of providing financial services, comprising:
-
entering an amount of working capital into a device; entering a desired maturation term into said device; utilizing said device to automatically generate transaction contract information from said amount of working capital and said desired maturation term; uploading said transaction contract information to one or more computers; utilizing said device to upload to said one or more computers a predetermined period of time to accept transaction acceptance responses; utilizing said one or more computers to make said transaction contract information available to securities dealers via second devices for said predetermined period of time; utilizing said one or more computers to select one of a first acceptance option or a second acceptance option, said first acceptance option is said server automatically accepting a transaction acceptance response having most favorable terms to said investment contract offer, and said second acceptance option is said server conditionally accepting a transaction acceptance response upon until approval by the corporate investor seeking said investment contract; receiving transaction acceptance responses inputted to said one or more computers from one or more of said security dealers second devices in response to said transaction contract information, each said transaction acceptance response identifying a debt instrument, identifying a corresponding interest rate, and identifying a corresponding maturation date; communicating one of said transaction acceptance responses to said device; operating said one or more computers to automatically select said one of said transaction acceptance responses for acceptance if said first option is selected; operating said one or more computers to present said one of said transaction acceptance responses to said corporate investor for acceptance if said second option is selected; and transmitting said selection of said one transaction acceptance response to the one securities dealer second device originating said selected transaction acceptance response. - View Dependent Claims (16)
-
Specification