公开(公告)号：US11449939B2

公开(公告)日：2022-09-20

申请号：US17328445

申请日：2021-05-24

Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.

Inventor： Richard Lane ,  Michael Unetich

IPC: G06Q40/04 ,  G06Q40/00 ,  G06F3/04847

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：US10102576B2

公开(公告)日：2018-10-16

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: G06Q40/00 ,  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.

公开(公告)号：US20180182033A1

公开(公告)日：2018-06-28

申请号：US15901644

申请日：2018-02-21

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：US09741076B2

公开(公告)日：2017-08-22

申请号：US14257075

申请日：2014-04-21

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Richard Lane ,  Michael Unetich

IPC: G06Q40/00 ,  G06Q40/04 ,  G06Q30/06 ,  G06Q40/06

CPC classification number: 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：US20140172662A1

公开(公告)日：2014-06-19

申请号：US13718949

申请日：2012-12-18

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Thomas Jeffrey Weiss ,  Michael Unetich

IPC: G06Q40/04

CPC classification number: 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.

Abstract translation: 公开了防止不利交换限制效应的方法和系统。 消息管理的示例方法包括在网关处经由交换链路跟踪传送到交换机的交易消息的交易计数。 示例性方法包括基于交易计数来定义第一交易限额，以及根据第一交易限额计算第二交易限额，其中所述第二交易限额对应于与所述交换链路相关联的备用容量。 示例性方法包括将消息优先级分配给多个交易消息中的每一个以与交换机通信。 所述示例性方法包括当所述交易计数大于所述第二交易限制时，向所述交换机传送具有第一消息优先级的所述多个交易消息的交易消息，以及延迟或拒绝具有第二消息优先级的所述多个交易消息的交易消息 。