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235 results about "Course of action" patented technology

Automated exchange for matching bids between a party and a counterparty based on a relationship between the counterparty and the exchange

InactiveUS6405180B2Tight spreadReduced volume (risk)Special service provision for substationFinanceOrder formCourse of action
In an automated exchange system means are provided by means of which a market maker can enter a course of action in advance, so that the volume in the orderbook is continuously updated, and where the updating is performed differently with respect to different counter parts. Also, quotes that may result in a trade between Market Makers are hidden for some time before being matched, thus giving the Market Makers a chance to back off. The system employs a function that supports that Market Makers through pre-defined parameters will have new orders generated by the system and that a market maker can act differently with respect to different counterparts. The parameters specify if a Market Maker should add extra volume on an existing price or generate a new order at a worse price. In order to make it possible for market makers to have a very tight spread without forcing them to take larger risks, additional logic is used when matching orders. The algorithm used for this purpose protects the market makers in certain situations and gives market makers the possibility to have a tight spread without taking a large risk. The algorithm also supports that the market makers can take the risk to quote large volumes.
Owner:ISE LLC

Electrical anomaly detection method and system

There are provided a method and a system for real time monitoring of a powered on electrical network in a facility in order to detect an electrical anomaly while the electrical network is in use. The system comprises a sensor data receiver for receiving real time sensor data including at least one measured value measured in real time by at least one sensor installed on a conductor of the electrical network in the facility while the electrical network is in use; an anomaly detector for retrieving an anomaly detection rule from an anomaly detection rule database, the rule having an identification of a required input, a formula, and a threshold reference value, for a detection of an anomaly; receiving the real time sensor data from the sensor data receiver and extracting at least one relevant measured value from the at least one measured value using the identification of the required input; comparing the at least one relevant measured value to the threshold reference value according to the formula to determine one of a presence and an absence of the anomaly in the real time sensor data; an event generator controlled by the processor for retrieving and providing anomaly monitoring data if the anomaly is determined to be present by the processor, the anomaly monitoring data including an indication of a monitoring course of action to be carried out to address the anomaly determined to be present.
Owner:CORP NUVOLT INC
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