公开(公告)号：US20210103987A1

公开(公告)日：2021-04-08

申请号：US17125854

申请日：2020-12-17

Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.

Inventor： Nicholas G. Kontos ,  Sagy Pundak Mintz ,  Alexander D. Deitz

IPC: 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：US20200258156A1

公开(公告)日：2020-08-13

申请号：US16863436

申请日：2020-04-30

Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.

Inventor： Sagy P. MINTZ ,  Alexander D. Deitz

IPC: G06Q40/04 ,  H04N7/20 ,  H04N7/173 ,  G06Q40/00

Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.

公开(公告)号：US10037571B2

公开(公告)日：2018-07-31

申请号：US14200019

申请日：2014-03-07

Applicant: Trading Technologies International, Inc.

Inventor： Alexander D. Deitz ,  Sagy P. Mintz ,  David W. Garrison

IPC: G06Q40/00 ,  G06Q40/04

CPC classification number: G06Q40/04

Abstract: System and methods for reducing the risks involved in trading multiple spread trading strategies in an electronic trading environment are provided. Specifically, reducing the risks involved in trading multiple spreads that share a leg by, among other things, quoting a single order in the shared leg instead of quoting orders for each of the corresponding spread legs. Based on the computed quote price for the single order, associating the single order with the leaned on price that results in the price closest to the inside market in the shared leg. The single quote order is based on the market conditions in the spread legs and the desired spread price. Once the single order fills, a hedge order is sent to the leg that obtains the most advantageous price for the spread based on the other spread options.

公开(公告)号：US11551297B2

公开(公告)日：2023-01-10

申请号：US16863436

申请日：2020-04-30

Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.

Inventor： Sagy P. Mintz ,  Alexander D. Deitz

IPC: G06Q40/04 ,  G06Q40/00 ,  H04N7/173 ,  H04N7/20 ,  G06F9/30 ,  G06F13/10 ,  G06F15/16 ,  G11C8/00 ,  H04J3/26 ,  H04L9/00

Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.

公开(公告)号：US20220318908A1

公开(公告)日：2022-10-06

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

IPC: 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：US20140297511A1

公开(公告)日：2014-10-02

申请号：US14305163

申请日：2014-06-16

Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.

Inventor： Tom James Haldes ,  Sagy Pundak Mintz ,  Patricia A. Messina ,  Alexander D. Deitz

IPC: G06Q40/04

CPC classification number: G06Q40/04 ,  G06Q40/06

Abstract: Synthetic spread trading strategies are represented and managed as homogeneous tradeable objects. Relationships between a synthetic spread and its constituent parts are defined and states for a spread are developed for accurately reporting, tracking and otherwise administering a synthetic spread and its constituent parts. A state of a synthetic spread is identified as working, pending, legged or filled. The states, in addition to identification of a synthetic spread's constituent parts, introduces information to allow a spread order and its post trade analysis to be consistently and effectively managed by multiple trading tools.

Abstract translation: 合成传播交易策略被表示和管理为均匀的可交易对象。 定义合成传播与其组成部分之间的关​​系，开发扩散状态以准确报告，跟踪和以其他方式施用合成传播及其组成部分。 合成传播的状态被识别为工作，待定，有腿或填充。 除了识别合成传播的组成部分之外，各州还引入了信息，以便通过多种交易工具来持续有效地管理传播订单和后期交易分析。

公开(公告)号：US20130024357A1

公开(公告)日：2013-01-24

申请号：US13628445

申请日：2012-09-27

Applicant: Trading Technologies International, Inc.

Inventor： Sagy P. Mintz ,  Alexander D. Deitz

IPC: G06Q40/04

CPC classification number: G06Q40/04 ,  G06F9/30 ,  G06F13/10 ,  G06F15/16 ,  G06Q40/00 ,  G11C8/00 ,  H04J3/26 ,  H04L9/00 ,  H04N7/173 ,  H04N7/20

Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.

Abstract translation: 提供了一种系统和方法，其特征在于可以减少接收计算机的负担，增加数据吞吐量，减少系统故障，并提供可扩展和灵活的网络架构的组件。 具体地说，该系统和方法提供了一个多通道组播网络环境，用于向通道动态分配数据。 这种配置在交易网络环境中特别有用，因为它以不干扰底层数据的接收的方式有效地执行信道重新分配。 虽然这里描述的示例性实施例涉及电子交易，但是本发明的原理可以同样地应用于其中在此呈现的优点是有益的其它环境中。

公开(公告)号：US20230377042A1

公开(公告)日：2023-11-23

申请号：US18363374

申请日：2023-08-01

Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.

Inventor： Sagy P. MINTZ ,  Alexander D. Deitz

IPC: G06Q40/04 ,  G06Q40/00 ,  H04N7/173 ,  H04N7/20

CPC classification number: G06Q40/04 ,  G06Q40/00 ,  H04N7/173 ,  H04N7/20 ,  G06F9/30

Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.

公开(公告)号：US10679290B2

公开(公告)日：2020-06-09

申请号：US16212086

申请日：2018-12-06

Applicant: Trading Technologies International, Inc.

Inventor： Sagy P. Mintz ,  Alexander D. Deitz

IPC: G06Q40/04 ,  G06Q40/00 ,  H04N7/173 ,  H04N7/20 ,  G06F9/30 ,  G06F13/10 ,  G06F15/16 ,  G11C8/00 ,  H04J3/26 ,  H04L9/00

Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.

公开(公告)号：US20180308169A1

公开(公告)日：2018-10-25

申请号：US16021997

申请日：2018-06-28

Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.

Inventor： Alexander D. Deitz ,  Sagy Pundak Mintz ,  David W. Garrison

IPC: G06Q40/04

CPC classification number: G06Q40/04

Abstract: System and methods for reducing the risks involved in trading multiple spread trading strategies in an electronic trading environment are provided. Specifically, reducing the risks involved in trading multiple spreads that share a leg by, among other things, quoting a single order in the shared leg instead of quoting orders for each of the corresponding spread legs. Based on the computed quote price for the single order, associating the single order with the leaned on price that results in the price closest to the inside market in the shared leg. The single quote order is based on the market conditions in the spread legs and the desired spread price. Once the single order fills, a hedge order is sent to the leg that obtains the most advantageous price for the spread based on the other spread options.