Oren Bassik

US Patent:

20120221489, Aug 30, 2012

Filed:

May 10, 2012

Appl. No.:

13/468516

Inventors:

Morgan Baumann - New York NY, US
Ashees Jain - New York NY, US
Oren Bassik - New York NY, US
Adnan Choudhury - London, GB
Sergey Pichugov - New York NY, US

Assignee:

Barclays Capital Inc. - New York NY

International Classification:

G06Q 40/06

US Classification:

705 36 R

Abstract:

In one aspect, the invention comprises a method comprising: (a) creating a partially redeemable offering note; (b) pricing the note; (c) issuing the note; and (d) redeeming the note. In another aspect, the invention comprises a method comprising: (a) buying a partially redeemable offering note issued by an issuer; and (b) receiving a first payment from the issuer for a first fraction between 0 and 1 of a notional amount of the note. In another aspect, the invention comprises a note with terms comprising: (a) a notional amount; (b) a schedule of two or more redemption dates; and (c) options for redeeming a percentage of the notional amount on at least two of the two or more redemption dates.

US Patent:

20080052228, Feb 28, 2008

Filed:

Apr 4, 2007

Appl. No.:

11/784088

Inventors:

Morgan Baumann - New York NY, US
Ashees Jain - New York NY, US
Oren Bassik - New York NY, US
Adnan Choudhury - London, GB
Sergey Pichugov - New York NY, US

Assignee:

Lehman Brothers Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705039000

Abstract:

In one aspect, the invention comprises a method comprising: (a) creating a partially redeemable offering note; (b) pricing the note; (c) issuing the note; and (d) redeeming the note. In another aspect, the invention comprises a method comprising: (a) buying a partially redeemable offering note issued by an issuer; and (b) receiving a first payment from the issuer for a first fraction between 0 and 1 of a notional amount of the note. In another aspect, the invention comprises a note with terms comprising: (a) a notional amount; (b) a schedule of two or more redemption dates; and (c) options for redeeming a percentage of the notional amount on at least two of the two or more redemption dates.