公开(公告)号：US20240273627A1

公开(公告)日：2024-08-15

申请号：US18643671

申请日：2024-04-23

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Michael Unetich

IPC: G06Q40/04

CPC classification number: G06Q40/04

Abstract: The present embodiments relate to intelligently throttling a modification message based on a period of time that a trade order is required to remain in a market. In an embodiment, intelligently throttling a modification message includes intelligently selecting a transmission time of a modification message based on a period of time that a trade order is required to remain in a market. The modification message is transmitted at the selected time to ensure that the modification order is received at an electronic exchange at or shortly after, but not before, the period of time has expired. As a result, the modification order is accepted (e.g., not rejected) by the electronic exchange. The modification order does not need to be resent to the electronic exchange.

公开(公告)号：US12008646B2

公开(公告)日：2024-06-11

申请号：US17846333

申请日：2022-06-22

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Michael Unetich

IPC: G06Q40/04

CPC classification number: G06Q40/04

Abstract: The present embodiments relate to intelligently throttling a modification message based on a period of time that a trade order is required to remain in a market. In an embodiment, intelligently throttling a modification message includes intelligently selecting a transmission time of a modification message based on a period of time that a trade order is required to remain in a market. The modification message is transmitted at the selected time to ensure that the modification order is received at an electronic exchange at or shortly after, but not before, the period of time has expired. As a result, the modification order is accepted (e.g., not rejected) by the electronic exchange. The modification order does not need to be resent to the electronic exchange.

公开(公告)号：US11880884B2

公开(公告)日：2024-01-23

申请号：US17847865

申请日：2022-06-23

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Thomas Jeffrey Weiss ,  Michael Unetich

IPC: G06Q40/04 ,  H04L51/226 ,  H04L43/0864 ,  H04L51/046

CPC classification number: G06Q40/04 ,  H04L43/0864 ,  H04L51/046 ,  H04L51/226

Abstract: Methods and systems to prevent adverse exchange limit effects are disclosed. An example method of message management includes tracking, at a gateway, a transaction count of trade messages communicated to an exchange via an exchange link. The example method includes defining a first transaction limit based on the transaction count, and calculating a second transaction limit as a function of the first transaction limit, wherein the second transaction limit is to correspond to a reserve capacity associated with the exchange link. The example method includes assigning a message priority to each of a plurality of trade messages to communicate to the exchange. The example method includes communicating trade messages of the plurality of trade messages having a first message priority to the exchange when the transaction count is greater than the second transaction limit, and delaying or rejecting trade messages of the plurality of trade messages having a second message priority.

公开(公告)号：US11640638B2

公开(公告)日：2023-05-02

申请号：US17343130

申请日：2021-06-09

Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.

Inventor： Richard Lane ,  Michael Unetich

IPC: G06Q40/04 ,  G06Q30/06 ,  G06Q40/06

Abstract: An application is disclosed that receives from a host exchange a plurality of trade notifications, each trade notification corresponding to an executed trade, and for each executed trade of interest, may determine whether the executed trade belongs in an aggregated set with one or more other executed trades. The application provides an indicator for indicating whether the corresponding executed trade or aggregated trade traded on the bid side or on the offer side of the market, and which indicates whether additional volume is available at the associated trade price.

公开(公告)号：US20220405842A1

公开(公告)日：2022-12-22

申请号：US17890027

申请日：2022-08-17

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Richard Lane ,  Michael Unetich

IPC: G06Q40/04

Abstract: Certain embodiments reduce the risks of traditionally programmed algorithms such as syntax errors, unclear logic, and the need for a non-trader programmer to develop the algorithm as specified by a trader by reducing or eliminating the writing of programming code by a user. Certain embodiments provide building block buttons and an algorithm area to define an algorithm. Certain embodiments provide live evaluation of an expression as the algorithm is being defined. Certain embodiments provide a design canvas area and blocks for designing an algorithm. Certain embodiments provide live feedback for blocks as the algorithm is being designed. Certain embodiments provide for initiating placement of an order to be managed by a selected user-defined trading algorithm from a value axis and for displaying working orders being managed by different user-defined trading algorithms on the value axis. Certain embodiments provide a ranking tool.

公开(公告)号：US20210279801A1

公开(公告)日：2021-09-09

申请号：US17328445

申请日：2021-05-24

Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.

Inventor： Richard Lane ,  Michael Unetich

IPC: G06Q40/04

Abstract: Certain embodiments reduce the risks of traditionally programmed algorithms such as syntax errors, unclear logic, and the need for a non-trader programmer to develop the algorithm as specified by a trader by reducing or eliminating the writing of programming code by a user. Certain embodiments provide building block buttons and an algorithm area to define an algorithm. Certain embodiments provide live evaluation of an expression as the algorithm is being defined. Certain embodiments provide a design canvas area and blocks for designing an algorithm. Certain embodiments provide live feedback for blocks as the algorithm is being designed. Certain embodiments provide for initiating placement of an order to be managed by a selected user-defined trading algorithm from a value axis and for displaying working orders being managed by different user-defined trading algorithms on the value axis. Certain embodiments provide a ranking tool.

公开(公告)号：US11055782B2

公开(公告)日：2021-07-06

申请号：US16656027

申请日：2019-10-17

Applicant: Trading Technologies International, Inc.

Inventor： Richard Lane ,  Michael Unetich

IPC: G06Q40/04 ,  G06Q40/00 ,  G06F3/0484

Abstract: Certain embodiments reduce the risks of traditionally programmed algorithms such as syntax errors, unclear logic, and the need for a non-trader programmer to develop the algorithm as specified by a trader by reducing or eliminating the writing of programming code by a user. Certain embodiments provide building block buttons and an algorithm area to define an algorithm. Certain embodiments provide live evaluation of an expression as the algorithm is being defined. Certain embodiments provide a design canvas area and blocks for designing an algorithm. Certain embodiments provide live feedback for blocks as the algorithm is being designed. Certain embodiments provide for initiating placement of an order to be managed by a selected user-defined trading algorithm from a value axis and for displaying working orders being managed by different user-defined trading algorithms on the value axis. Certain embodiments provide a ranking tool.

公开(公告)号：US10049404B2

公开(公告)日：2018-08-14

申请号：US13718949

申请日：2012-12-18

Applicant: Trading Technologies International, Inc.

Inventor： Thomas Jeffrey Weiss ,  Michael Unetich

IPC: G06Q40/04

Abstract: Methods and systems to prevent adverse exchange limit effects are disclosed. An example method of message management includes tracking, at a gateway, a transaction count of trade messages communicated to an exchange via an exchange link. The example method includes defining a first transaction limit based on the transaction count, and calculating a second transaction limit as a function of the first transaction limit, wherein the second transaction limit is to correspond to a reserve capacity associated with the exchange link. The example method includes assigning a message priority to each of a plurality of trade messages to communicate to the exchange. The example method includes communicating trade messages of the plurality of trade messages having a first message priority to the exchange when the transaction count is greater than the second transaction limit, and delaying or rejecting trade messages of the plurality of trade messages having a second message priority.

公开(公告)号：US20150019399A1

公开(公告)日：2015-01-15

申请号：US14314427

申请日：2014-06-25

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Richard Lane ,  Thomas Jeffrey Weiss ,  Thurston Woo ,  Jason Shaffer ,  Brian J. Buck ,  Michael Unetich ,  Sagy Pundak Mintz

IPC: G06Q40/04

CPC classification number: G06Q40/04 ,  G06Q40/06

Abstract: The disclosed embodiments provide trading circles. An example method includes defining a group having a plurality of members, wherein one or more of the plurality of members interacts with an exchange that facilitates market transactions; detecting a first interaction of a first group member with the exchange; and communicating, in response to detecting the first interaction, data related to the first interaction to a second group member before the first group member receives confirmation of the first interaction from the exchange.

Abstract translation: 所公开的实施例提供交易圈。 示例性方法包括定义具有多个成员的组，其中所述多个成员中的一个或多个与促进市场交易的交换相互作用; 检测第一组成员与交换机的第一交互; 以及在所述第一组成员从所述交换机接收到所述第一交互的确认之前，响应于检测到所述第一交互而将与所述第一交互相关的数据通信给第二组成员。

公开(公告)号：US20140337196A1

公开(公告)日：2014-11-13

申请号：US14257075

申请日：2014-04-21

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Richard Lane ,  Michael Unetich

IPC: G06Q40/04

CPC classification number: G06Q40/04 ,  G06Q30/06 ,  G06Q40/06

Abstract: A system and method for displaying trade information is disclosed. The method includes receiving from a host exchange a plurality of trade notifications, each trade notification corresponding to an executed trade, and for each executed trade of interest, determining whether the executed trade belongs in an aggregated set with one or more other executed trades. All executed trades in an aggregated set are for the same associated tradable object, have traded at the same associated trade price, and have been executed within a predetermined time period of each other. Aggregated sets are displayed a user display with an associated aggregated quantity, and the remaining executed trades of interest are also displayed. Trades are displayed using an associated indicator for indicating whether the corresponding executed trade or aggregated trade traded on the bid side or on the offer side of the market, and which indicates whether additional volume is available at the associated trade price.

Abstract translation: 公开了一种显示交易信息的系统和方法。 该方法包括从主机交换机接收多个交易通知，对应于执行的交易的每个交易通知，以及对于每个执行的感兴趣的交易，确定所执行的交易是否属于具有一个或多个其他执行交易的聚合集合。 合并集合中的所有执行交易均为相同的关联交易对象，以相同的相关交易价格交易，并且已经在彼此的预定时间段内执行。 聚合集合显示具有关联聚合数量的用户显示，并且还显示剩余的执行的交易。 使用相关联的指标显示交易，用于指示相应的执行交易或聚合交易是在投标方还是在市场的报价方交易，并且其指示附加数量是否以相关联的交易价格获得。