-
21.发明申请公开(公告)号：US20140201052A1
公开(公告)日：2014-07-17
申请号：US13743208
申请日：2013-01-16
Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
Inventor： Sagy Pundak Mintz
IPC: G06Q40/04
CPC classification number: G06Q40/04
Abstract: Example methods, systems, and tangible computer readable storage media disclosed herein provide for tracking of order messages. An example method includes tracking, using a computing device, an order message, the order message including an order for a tradeable object in a trading market. The trading market includes an inside market. The example method includes determining, using the computing device, whether the order is directed to the inside market of the trading market. If the order is determined to be directed to the inside market, the example method includes adjusting a weighting factor to decrease a message ratio. The message ratio compares a weighted order message total to a fill total. If the order is determined to be directed away from the inside market, the example method includes adjusting a weighting factor to increase the message ratio. The example method includes determining, using the computing device, if the message ratio satisfies a message ratio threshold. The example method includes implementing, using the computing device, message ratio handling if the message ratio satisfies the message ratio threshold.
Abstract translation: 本文公开的示例性方法，系统和有形计算机可读存储介质提供了对订单消息的跟踪。 示例性方法包括使用计算设备跟踪订单消息，该订单消息包括交易市场中可交易对象的订单。 交易市场包括内部市场。 示例性方法包括使用计算设备确定订单是否针对交易市场的内部市场。 如果确定订单指向内部市场，则示例方法包括调整加权因子以减少消息比率。 消息比例将加权订单消息总数与填充总数进行比较。 如果确定订单被指向远离内部市场，则示例方法包括调整加权因子以增加消息比率。 该示例方法包括使用计算设备确定消息比率是否满足消息比率阈值。 该示例方法包括：如果消息比率满足消息比阈值，则使用计算设备实现消息比率处理。
-
公开(公告)号：US20250104145A1
公开(公告)日：2025-03-27
申请号：US18972205
申请日：2024-12-06
Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.
Inventor： Sagy Pundak Mintz
Abstract: Various systems and methods are described herein for a risk check. The risk check bases a decision to allow a trading strategy to proceed on whether the order quantity for each leg of the trading strategy satisfies a certain condition. Particularly, when a trading strategy is initiated, the quantity for each of the orders to be submitted on behalf of the trading strategy, including the quantity of the initial order and any subsequent orders, is then compared to a corresponding risk value. If the order quantity for each of the orders is less than the corresponding risk value, then the trading strategy can proceed and the initial order can be sent on to the exchange. However, if the order quantity for any of the orders exceeds the risk value, then the initial order is not sent to the electronic exchange. Additionally, as described herein, quantity associated with the trading strategy is held or reserved for execution of the trading strategy regardless of the activity taken by the trader since the trading strategy was initiated. The reserved quantity can be drawn from the trading strategy until the quantity is depleted, the trading strategy has ended, or both, for example.
-
公开(公告)号：US12051111B2
公开(公告)日：2024-07-30
申请号：US17736446
申请日：2022-05-04
Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.
Inventor： Stephan Brianti , Sagy Pundak Mintz
Abstract: Certain embodiments of the present invention provide techniques for lean level support for a trading strategy. According to certain embodiments, the support for a price level under consideration as a lean level is determined based at least in part on quantity available at the price level. According to certain embodiments, the support for a price level under consideration as a lean level is determined based at least in part on quantity available at one or more other price levels. According to certain embodiments, the support for a price level under consideration as a lean level is determined based at least in part on the number of orders at one or more price levels. A lean level may then be determined based on the determined support. According to certain embodiments, a lean multiplier and/or a lean base are determined dynamically based on the determined support.
-
公开(公告)号：US12045884B2
公开(公告)日：2024-07-23
申请号：US17943401
申请日：2022-09-13
Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
Inventor： Sagy Pundak Mintz , Michael J. Burns
IPC: G06Q40/04 , G06Q30/02 , G06Q30/0283 , G06Q40/06 , G06Q40/12
CPC classification number: G06Q40/04 , G06Q30/0278 , G06Q30/0283 , G06Q40/06 , G06Q40/12
Abstract: Embodiments for determining a traded item's value are described herein. An embodiment includes identifying conditions for use in computing a value of the tradable object. The embodiment further includes determining whether a condition is satisfied based on market data, for example, and if the condition is satisfied, then determining the value of the item based on a rule associated with the condition; and if the condition is not satisfied, then determining whether a subsequent condition is satisfied. If a subsequent condition is satisfied, then determining the value of the tradable object based on a rule associated with the subsequent condition. An embodiment further includes computing an open profit and loss value based on the item's value. Other embodiments are also disclosed.
-
公开(公告)号：US11924098B2
公开(公告)日：2024-03-05
申请号：US18176009
申请日：2023-02-28
Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.
Inventor： Sagy Pundak Mintz
Abstract: A sticky order routing system may include multiple order routers in communication with an electronic exchange for communicating transaction messages. Each of the order routers communicates transaction messages between multiple associated trading sessions and the electronic exchange, where of the associated trading sessions is assigned to the order router in communication with the electronic exchange. Transaction message traffic between the order routers and the electronic exchange is monitored, such as randomly, based on round-robin assignment, and/or trading data. In response to transaction message traffic exceeding a threshold, the trading session may be assigned to a new order router.
-
Patent Agency Ranking
26.发明授权公开(公告)号：US11861705B2
公开(公告)日：2024-01-02
申请号：US17844122
申请日：2022-06-20
Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
Inventor： Nicholas G Kontos , Sagy Pundak Mintz , Alexander D. Deitz
CPC classification number: G06Q40/04
Abstract: System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows a trader to possibly obtain a more profitable price as well as get filled faster. Traders submit an order for a spread and the automated trading tool calculates the quote order price based on a defined level of aggressiveness, the leaned on price, and the desired spread price. Based on the level of defined aggressiveness and the gap in the market, the automated trading tool may lean on a mildly, moderately, or extremely aggressive price.
-
公开(公告)号：US11823268B2
公开(公告)日：2023-11-21
申请号：US17716614
申请日：2022-04-08
Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.
Inventor： Richard Lane , Thomas Jeffrey Weiss , Thurston Woo , Jason Shaffer , Brian J. Buck , Michael Unetich , Sagy Pundak Mintz
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.
-
公开(公告)号：US20230208758A1
公开(公告)日：2023-06-29
申请号：US18176009
申请日：2023-02-28
Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.
Inventor： Sagy Pundak Mintz
Abstract: A sticky order routing system may include multiple order routers in communication with an electronic exchange for communicating transaction messages. Each of the order routers communicates transaction messages between multiple associated trading sessions and the electronic exchange, where of the associated trading sessions is assigned to the order router in communication with the electronic exchange. Transaction message traffic between the order routers and the electronic exchange is monitored, such as randomly, based on round-robin assignment, and/or trading data. In response to transaction message traffic exceeding a threshold, the trading session may be assigned to a new order router.
-
公开(公告)号：US11645718B2
公开(公告)日：2023-05-09
申请号：US17155063
申请日：2021-01-21
Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.
Inventor： Sagy Pundak Mintz , Michael J. Burns
Abstract: An electronic trading method is provided. The method includes receiving a trading strategy order having a parent trading strategy including multiple quoting legs; splitting the trading strategy order into multiple child orders; and submitting each of the multiple child orders to exchange systems adapted to fill the quoting legs in the child orders. Each child order includes a child trading strategy having a single quoting leg or a reduced number of quoting legs relative to the parent trading strategy. The child trading strategies are the same as the parent trading strategy except for the number of legs marked as quoting legs. The method may be performed by a trading strategy device disposed between a client device and multiple server side devices.
-
公开(公告)号：US20220335529A1
公开(公告)日：2022-10-20
申请号：US17858944
申请日：2022-07-06
Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.
Inventor： Michael L. Fishbain , Sagy Pundak Mintz , Stephen J. Murphy
Abstract: A system and method for defining and processing timed orders are defined. According to one embodiment, a trader may define a timed order by defining an intra-day time trigger or a time period when the timed order should be automatically modified, such as deleted or cancelled/replaced with a new order. In one embodiment, the intra-day time trigger or time period may be dynamically changed to a later time, for example, upon receiving a predetermined user input. Also, the time trigger and time period may be configured to dynamically vary based on any user configurable formula. Also, the timed order may be associated with one or more actions to be taken once the order is deleted, such as sending a new order, for example.
-
-
-
-
-
-
-
-
-
Search Results
77
records
(took 0.026 seconds)
