Resumes
Resumes
Chet Burros Phones & Addresses
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Hampton Bays, NY
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300 E 77Th St APT 5C, New York, NY 10075 (212) 535-1058
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401 60Th St, New York, NY 10022 (212) 223-3587
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401 E 60Th St APT 5A, New York, NY 10022 (212) 223-3587
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436 58Th St, New York, NY 10022 (212) 223-3587
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New York City, NY
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440 Links Dr, Roslyn, NY 11576 (516) 869-1144 (516) 869-1211 (631) 723-2388
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Madison, WI
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Jericho, NY
Work
Position:
Professional/Technical
Education
Degree:
Associate degree or higher
Publications
Us Patents
Trading Platform With Automated Negotiation And Option Crossing
View pageUS Patent:
20090276363, Nov 5, 2009
Filed:
May 1, 2008
Appl. No.:
12/149443
Inventors:
Robert Newhouse - New York NY, US
Chet Burros - New York NY, US
Ross Berman - New York NY, US
Hal Mintz - Mahwah NJ, US
Chet Burros - New York NY, US
Ross Berman - New York NY, US
Hal Mintz - Mahwah NJ, US
International Classification:
G06Q 40/00
US Classification:
705 80, 705 37
Abstract:
A system and method for trading securities that include at least one options leg is provided. The system generally includes a database, handlers, a network and at least one server. The database stores user information, security information and transaction information. The handlers receive information feeds from at least one public exchange. The at least one server implements an exchange facility that is capable of exchanging information with client terminals to allow the client to initiate at least one offer to trade a security having an option leg, identifying users interested in the offer, broadcasting the offer to the interested users and conducting a defined period auction among the interested users. The system and method also automatically cross the options legs on exchanges and facilitate negotiation when the auction is not consummated.