Patent AU-2013204183-A1 (AU)
Title: Method and System for Optimal Reserving, Pricing and Allocation of a Set of Equity Instruments to be Offered
Inventor: AVERY CALEB N
IPC: G06Q40/00
Filed: 2013-04-12
Abstract: A computer-implemented method for generating reservations for potential equity instrument purchasers in a set of equity instruments to be offered by an issuer comprising the steps, wherein one or more processors carry out each of said steps, including: (a) storing, on one or more computer readable media that are operatively coupled to one or more processors, a database comprising information relating to a plurality of units of an equity offering of one or more types at one or more prices that are available for reservation, wherein: (i) each of said units of the equity offering is intended to be offered as an equity instrument for later sale to the potential equity instrument purchasers, and (ii) for at least one of the types having at least one of the prices, a plurality of units is available for reservation; (b) transmitting, from the one or more processors which are operatively connected to one or more communication devices, a first set of one or more signals to at least a first plurality of the potential equity instrument purchasers that identify the status of the plurality of units of the equity offering, wherein the status comprises an identification of units of the equity offering at each type and each price that are available; (c) automatically receiving, by the one or more processors, a second set of one or more signals that indicate a request by a first potential equity instrument purchaser to reserve a first group of one or more of said units of the equity instrument offering; (d) determining, by the one or more processors, using the second set of one or more signals, a first reservation comprising units within the first group that are available for reservation; (e) updating the database on the one or more computer readable media to reflect the first reservation; (f) automatically transmitting, from the one or more processors, a third set of one or more signals to at least a second plurality of potential equity instrument purchasers that identify at least the following: (i) units within the plurality of units of the equity instrument offering that are available for request for reservation, and (ii) the first reservation as being reserved; H:\mka\Interwoven\NRPortbl\DCC\MKA\5068778_l.doc - 12/4/13 H: \mka\Interon\NRPortbl\DCC\MKA\5068778_l.doc-12/04/2013 (g) automatically receiving, by the one or more processors, a fourth set one or more signals that indicate a request by a second potential equity instrument purchaser to reserve a second group of one or more units of the equity instrument offering; (h) determining, by the one or more processors, using the fourth set of one or more signals, a second reservation comprising units within the second group that are available for reservation; (i) updating the database on the one or more computer readable media to reflect the second reservation; (j) automatically transmitting, from the one or more processors, a fifth set of one or more signals to at least a third plurality of potential equity instrument purchasers that identify at least the following: (i) units within the plurality of units of the equity instrument offering that are available for request for reservation, (ii) the first reservation as being reserved, and (iii) the second reservation as being reserved; (k) terminating, upon the occurrence of a predetermined condition, the transmission of signals that identify the plurality of equity units that are intended to be offered for later sale. H:\mka\Interwoven\NRPortbl\DCC\MKA\5068778_l.doc - 12/4/13 WO 2005/086728 PCT/US2005/007212 Participant Suitability Implementer Issuer Group Workflow / Operator /Seller Manager I. m lmm mI~. t Web Services./ APIs Deal '/0 Database "" """ " Reservation t; Rights Calculator Bidstream - - - DatabaseOvrusrpin tg Engn Overlay Engine 9< Event Monitor Messaging Engine' 5 Document Manager