Integrated trading information processing and transmission system for exempt securities

Abstract

The present invention provides a system for processing and transmitting trading information incorporating (a) a risk analytic module using the latest market prices and data provided by the other two modules, (b) an auction module comprising a private asset auction functionality and a two way trader workstation capability, with bid-offer and unique asset price sourcing capabilities, (c) an asset or portfolio tracking module to provide browser based, real-time consolidated reporting of multi-firm asset positions (public or private), and (d) an out-of-band communications module which alerts users/subscribers who may or may not be logged on the system via fax, e-mail, or text messages of a pending transaction being consummated or achieved.

1 - 5 . (canceled) 
     
     
         6 . A system for monitoring and/or transacting, via an electronic network, exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities comprising:
 memory for storing software;   a processor for executing the software;   an asset analytic software module for statistically analyzing at least one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities selected by a user;   an asset track software module for collecting at least one of price data, valuation data, and marketing data related to the at least one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities being analyzed;   an asset information communication software module for providing the user at least one of inventory data of assets available to a user, the price data, the valuation data, the marketing data, and a result of the statistical analysis on the at least one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities via at least one graphical user interface; and   an asset access software module for providing transactional access via the at least one graphical user interface to conduct at least one of bidding to buy, offering to sell and auctioning transactions in connection with the at least one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities being analyzed.   
     
     
         7 . A system according to  claim 6 , wherein the graphical user interface displays data regarding the at least one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities in relation to the results of the statistical analysis 
     
     
         8 . A system according to  claim 7 , wherein at least one of the group consisting of color coding, font, and combinations thereof of the data is selectable by the user. 
     
     
         9 . A system according to  claim 6 , wherein the asset track software includes a database for storing at least one of the price data, the valuation data and the marketing data on the at least one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities being analyzed. 
     
     
         10 . A system according to  claim 6 , wherein the asset access software includes a notification function to notify a user in connection with a matching offer to sell, bid to buy or auction high bid in response to at least one of the bid to buy, offer to sell and auction transactions from the user. 
     
     
         11 . A system according to  claim 6 , wherein the inventory data includes at least one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities available across the electronic network for the auctioning transactions. 
     
     
         12 . A system according to  claim 6 , comprising a communications module for providing information of accessibility to the system to a user. 
     
     
         13 . A system according to  claim 12 , wherein the communications module provides information regarding a status of a pending transaction to the user. 
     
     
         14 . A system according to  claim 12 , wherein the communications module is an out-of-band communications module. 
     
     
         15 . A system according to  claim 6 , comprising an authentication module for authenticating access to the system. 
     
     
         16 . A system according to  claim 7 , wherein the qualitative factors include at least one of precepts known about, a type of, +/−VAR risk valuation of, and Q-factors of each of the at least one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities. 
     
     
         17 . A system according to  claim 7 , wherein the qualitative factors and the quantitative factors form 50% of the weighted sum average, respectively. 
     
     
         18 . A system according to  claim 7 , wherein the asset analytic software module provides a plurality of data modeling structures and allows the user to select at least one of the data modeling structures. 
     
     
         19 . A system according to  claim 7 , wherein the asset analytic software module provides a default data modeling structure and allows the user to modify the default data modeling structure. 
     
     
         20 . A system according to  claim 19 , wherein the asset analytic software module automatically saves the data modeling structure modified by the user. 
     
     
         21 . A system according to  claim 19 , wherein the data modeling structure saved by the asset analytic software module is prohibited from being deleted. 
     
     
         22 . A system according to  claim 6 , wherein the asset access software module posts the bit on the condition that the bit is within a predetermined daily transactional limit of the user and within a predetermined per trade limit of the user. 
     
     
         23 . A system according to  claim 6 , wherein the asset access software module posts the offer on the condition that the offer is within a predetermined daily transactional limit of the user and within a predetermined per trade limit of the user. 
     
     
         24 . A system according to  claim 6 , comprising:
 a portfolio management engine system (PMS);   a portfolio management database;   a price or valuation data engine for determining whether inputted price data relates to a new one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities; and   a database of the price data or the valuation data,
 wherein the price or valuation data engine creates a new record related to the new one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities in response to that the price or valuation data engine determines that the inputted price data or valuation data relates to the new one of the exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities, and 
 wherein the price or valuation data database is updated in response to that the price data or the valuation data engine determines that the inputted price data or valuation data relates to the latest price data. 
   
     
     
         25 . A system according to  claim 24 , wherein the price or valuation data engine randomly shuffles requests for price data or valuation data on a plurality of assets and distributes the requests among authorized price reporting sources and broker dealers to input the price data or the valuation data.