Career records & work history
Lawyers & Attorneys
Samuel Birnbaum - Lawyer
ISLN:
924681010
Admitted:
2015
Samuel Birnbaum, 381310 William St, River Forest, IL 60305
Samuel Birnbaum Phones & Addresses
Chicago, IL
River Forest, IL
Oakland, CA
Berkeley, CA
New York, NY
Bernardsville, NJ
Mentions for Samuel Birnbaum
Publications & IP owners
Us Patents
Cross Trading Securities During Time Windows At The Volume Weighted Average Price
US Patent:
7991682, Aug 2, 2011
Filed:
Feb 14, 2007
Appl. No.:
11/706441
Inventors:
Samuel Ayzyk Birnbaum - Oceanside NY, US
Cristian Zarcu - Mahwah NJ, US
Cristian Zarcu - Mahwah NJ, US
Assignee:
Wells Fargo Bank, N.A. - San Francisco CA
International Classification:
G06Q 40/00
US Classification:
705 37, 705 35, 705 36 R
Abstract:
Embodiments of a system and method for cross trading a publicly traded security are disclosed. In an embodiment, a cross trade is executed at the volume weighted average price of the publicly traded security calculated for a portion of the trading day. An embodiment of the method includes accepting offers to buy and sell the security during a first window of time, calculating the volume weighted average price of the security during a second window of time, and cross trading the offers. An embodiment of the system includes a user interface for accepting offers, a volume weighted average price calculator for calculating the volume weighted average price at which to execute the cross trade and a cross trade application for executing the cross trade.
Cross Trading Securities During Time Windows At The Volume Weighted Average Price
US Patent:
8583537, Nov 12, 2013
Filed:
Jan 14, 2009
Appl. No.:
12/353671
Inventors:
Samuel Ayzyk Birnbaum - Oceanside NY, US
Cristian Zarcu - Mahwah NJ, US
Cristian Zarcu - Mahwah NJ, US
Assignee:
Wells Fargo Bank, N.A. - San Francisco CA
International Classification:
G06Q 40/00
US Classification:
705 37, 705 35, 705 36 R
Abstract:
Embodiments of a system and method for cross trading a publicly traded security are disclosed. In an embodiment, a cross trade is executed at the volume weighted average price of the publicly traded security calculated for a portion of the trading day. An embodiment of the method includes accepting offers to buy and sell the security during a first window of time, calculating the volume weighted average price of the security during a second window of time, and cross trading the offers. An embodiment of the system includes a user interface for accepting offers, a volume weighted average price calculator for calculating the volume weighted average price at which to execute the cross trade and a cross trade application for executing the cross trade.
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