Patents by Inventor Joseph Noviello

Joseph Noviello has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20210217075
    Abstract: A computer system is provided that includes a paired list of data transaction requests on which a matching process is performed. There are multiple different types of data transaction requests that are stored in the paired list including data transaction requests with midpoint attributes and data transaction requests with discretion attributes. The computer system may determine how the multiple different types of data transaction requests may be match against each other. Two matching processes can be used to determine if a match exists between the first and second sides of the paired list. Matches that are determined at private values are not disseminated to third-parties via public market data feeds.
    Type: Application
    Filed: March 31, 2021
    Publication date: July 15, 2021
    Inventors: Joseph NOVIELLO, Steven COOPER, Leo GOLUBOVSKY, Chung-Sin WANG, Jonathan WAKEFIELD
  • Patent number: 11042925
    Abstract: A computer system is provided that includes a paired list of data transaction requests on which a matching process is performed. There are multiple different types of data transaction requests that are stored in the paired list including data transaction requests with midpoint attributes and data transaction requests with discretion attributes. The computer system may determine how the multiple different types of data transaction requests may be match against each other. Two matching processes can be used to determine if a match exists between the first and second sides of the paired list. Matches that are determined at private values are not disseminated to third-parties via public market data feeds.
    Type: Grant
    Filed: June 29, 2020
    Date of Patent: June 22, 2021
    Assignee: NASDAQ, INC.
    Inventors: Steven Cooper, Joseph Noviello, Leo Golubovsky, Chung-Sin Wang, Matthew Claus
  • Publication number: 20210174444
    Abstract: A user interface for use with an electronic trading system includes a display that shows a bid price axis and an ask price axis, as well as corresponding sizes, and a visual indicator of the inside market. When the inside market changes in response to changing market conditions, the display of the inside market clearly shows a spatial movement of the inside market as well as the representative price(s) associated therewith, thereby rendering the two price axis dynamic axis. The user interface is easy to use, intuitive as well as customizable, and contains features that facilitate efficient electronic trading and shows trading activity pertaining to the user as well as the market in general.
    Type: Application
    Filed: February 17, 2021
    Publication date: June 10, 2021
    Inventors: Howard W. Lutnick, Joseph Noviello, Michael Sweeting, James P. Stedman, William P. Gill, Atul Bhatia, Daniel L. Eccleston, James L. Davies
  • Patent number: 10984463
    Abstract: A computer system is provided that includes a paired list of data transaction requests on which a matching process is performed. There are multiple different types of data transaction requests that are stored in the paired list including data transaction requests with midpoint attributes and data transaction requests with discretion attributes. The computer system may determine how the multiple different types of data transaction requests may be match against each other. Two matching processes can be used to determine if a match exists between the first and second sides of the paired list. Matches that are determined at private values are not disseminated to third-parties via public market data feeds.
    Type: Grant
    Filed: December 4, 2019
    Date of Patent: April 20, 2021
    Assignee: NASDAQ, INC.
    Inventors: Joseph Noviello, Steven Cooper, Leo Golubovsky, Chung-Sin Wang, Jonathan Wakefield
  • Publication number: 20210082047
    Abstract: Systems and methods for providing trading exclusivity/priority in response to quantity of items traded in electronic trading systems is provided. The method preferably includes receiving an incoming order for the item and determining whether the incoming order matches a current order for the item and satisfies a minimum volume requirement. When the incoming order matches a current order for the item and satisfies a minimum volume requirement, the method includes transacting a trade between the incoming order and the current order and providing a predetermined time period of exclusive trading between a participant associated with the incoming order and a participant associated with the current order.
    Type: Application
    Filed: September 30, 2020
    Publication date: March 18, 2021
    Inventors: Howard W. LUTNICK, Joseph NOVIELLO, Michael SWEETING, Bijoy PAUL
  • Publication number: 20200327605
    Abstract: A computer system is provided that includes a paired list of data transaction requests on which a matching process is performed. There are multiple different types of data transaction requests that are stored in the paired list including data transaction requests with midpoint attributes and data transaction requests with discretion attributes. The computer system may determine how the multiple different types of data transaction requests may be match against each other. Two matching processes can be used to determine if a match exists between the first and second sides of the paired list. Matches that are determined at private values are not disseminated to third-parties via public market data feeds.
    Type: Application
    Filed: June 29, 2020
    Publication date: October 15, 2020
    Inventors: Steven COOPER, Joseph NOVIELLO, Leo GOLUBOVSKY, Chung-Sin WANG, Matthew CLAUS
  • Patent number: 10740827
    Abstract: A computer system is provided that includes a paired list of data transaction requests on which a matching process is performed. There are multiple different types of data transaction requests that are stored in the paired list including data transaction requests with midpoint attributes and data transaction requests with discretion attributes. The computer system may determine how the multiple different types of data transaction requests may be match against each other. Two matching processes can be used to determine if a match exists between the first and second sides of the paired list. Matches that are determined at private values are not disseminated to third-parties via public market data feeds.
    Type: Grant
    Filed: July 1, 2016
    Date of Patent: August 11, 2020
    Assignee: NASDAQ, INC.
    Inventors: Steven Cooper, Joseph Noviello, Leo Golubovsky, Chung-Sin Wang, Matthew Claus
  • Publication number: 20200219193
    Abstract: The invention relates to systems and methods that provide a user interface for use with an electronic trading system. The interface notifies the user that the price at which he or she may have attempted to trade has changed and presents the user with the opportunity to submit, modify or cancel the trade command. The user may configure the trading system to enable such a notification based on the time span for the price change, the number of increments of the price change, a combination thereof or any other appropriate consideration for protecting against the occurrence of erroneous price entries. Subsequent trade commands, such as those entered by third parties, may be used to validate prices and execute trades at these prices.
    Type: Application
    Filed: March 16, 2020
    Publication date: July 9, 2020
    Inventors: Howard W. Lutnick, Kevin M. Foley, Joseph Noviello, Lon Steger, Matthew Claus, Michael Sweeting
  • Publication number: 20200111151
    Abstract: A computer system is provided that includes a paired list of data transaction requests on which a matching process is performed. There are multiple different types of data transaction requests that are stored in the paired list including data transaction requests with midpoint attributes and data transaction requests with discretion attributes. The computer system may determine how the multiple different types of data transaction requests may be match against each other. Two matching processes can be used to determine if a match exists between the first and second sides of the paired list. Matches that are determined at private values are not disseminated to third-parties via public market data feeds.
    Type: Application
    Filed: December 4, 2019
    Publication date: April 9, 2020
    Inventors: Joseph NOVIELLO, Steven COOPER, Leo GOLUBOVSKY, Chung-Sin WANG, Jonathan WAKEFIELD
  • Publication number: 20200104934
    Abstract: Systems and methods of trading items on an electronic trading system according to the invention are provided. The embodiments of the invention are based at least in part on a new order type. The new order type is a modification of a conventional good-until-bettered order type. A good-until-bettered bid/offer is received along with instructions that specify a good-until-bettered increment value and/or duration. The good-until-bettered order is maintained in the electronic trading system until a bid/offer that is better by the specified plurality of standard trading increments is received by the electronic trading system and/or remains in the system for the good-until-bettered duration.
    Type: Application
    Filed: December 3, 2019
    Publication date: April 2, 2020
    Inventors: Howard W. Lutnick, Kevin M. Foley, Joseph Noviello, Michael Sweeting
  • Patent number: 10592984
    Abstract: The invention relates to systems and methods that provide a user interface for use with an electronic trading system. The interface notifies the user that the price at which he or she may have attempted to trade has changed and presents the user with the opportunity to submit, modify or cancel the trade command. The user may configure the trading system to enable such a notification based on the time span for the price change, the number of increments of the price change, a combination thereof or any other appropriate consideration for protecting against the occurrence of erroneous price entries. Subsequent trade commands, such as those entered by third parties, may be used to validate prices and execute trades at these prices.
    Type: Grant
    Filed: July 9, 2012
    Date of Patent: March 17, 2020
    Assignee: BGC PARTENRS, INC.
    Inventors: Howard W. Lutnick, Kevin M. Foley, Joseph Noviello, Lon Steger, Matthew Claus, Michael Sweeting
  • Patent number: 10535092
    Abstract: A computer system is provided that includes a paired list of data transaction requests on which a matching process is performed. There are multiple different types of data transaction requests that are stored in the paired list including data transaction requests with midpoint attributes and data transaction requests with discretion attributes. The computer system may determine how the multiple different types of data transaction requests may be match against each other. Two matching processes can be used to determine if a match exists between the first and second sides of the paired list. Matches that are determined at private values are not disseminated to third-parties via public market data feeds.
    Type: Grant
    Filed: July 17, 2019
    Date of Patent: January 14, 2020
    Assignee: NASDAQ, INC.
    Inventors: Joseph Noviello, Steven Cooper, Leo Golubovsky, Chung-Sin Wang, Jonathan Wakefield
  • Publication number: 20190347727
    Abstract: Systems and methods of trading items on an electronic trading system according to the invention are provided. The embodiments of the invention are based at least in part on a new order type. The new order type is an only at best order type, whereby trades are preferably only executed at the best price the item is being bought or sold.
    Type: Application
    Filed: May 31, 2019
    Publication date: November 14, 2019
    Inventors: Howard W. Lutnick, Kevin M. Foley, Joseph Noviello, Michael Sweeting
  • Publication number: 20190340673
    Abstract: A computer system is provided that includes a paired list of data transaction requests on which a matching process is performed. There are multiple different types of data transaction requests that are stored in the paired list including data transaction requests with midpoint attributes and data transaction requests with discretion attributes. The computer system may determine how the multiple different types of data transaction requests may be match against each other. Two matching processes can be used to determine if a match exists between the first and second sides of the paired list. Matches that are determined at private values are not disseminated to third-parties via public market data feeds.
    Type: Application
    Filed: July 17, 2019
    Publication date: November 7, 2019
    Inventors: Joseph NOVIELLO, Steven COOPER, Leo GOLUBOVSKY, Chung-Sin WANG, Jonathan WAKEFIELD
  • Patent number: 10395302
    Abstract: A computer system is provided that includes a paired list of data transaction requests on which a matching process is performed. There are multiple different types of data transaction requests that are stored in the paired list including data transaction requests with midpoint attributes and data transaction requests with discretion attributes. The computer system may determine how the multiple different types of data transaction requests may be match against each other. Two matching processes can be used to determine if a match exists between the first and second sides of the paired list. Matches that are determined at private values are not disseminated to third-parties via public market data feeds.
    Type: Grant
    Filed: July 1, 2016
    Date of Patent: August 27, 2019
    Assignee: NASDAQ, INC.
    Inventors: Joseph Noviello, Steven Cooper, Leo Golubovsky, Chung-Sin Wang, Jonathan Wakefield
  • Patent number: 10346908
    Abstract: Systems and methods of trading items on an electronic trading system according to the invention are provided. The embodiments of the invention are based at least in part on a new order type. The new order type is an only at best order type, whereby trades are preferably only executed at the best price the item is being bought or sold.
    Type: Grant
    Filed: June 25, 2012
    Date of Patent: July 9, 2019
    Assignee: BGC PARTNERS, INC.
    Inventors: Howard W. Lutnick, Kevin M. Foley, Joseph Noviello, Michael Sweeting
  • Publication number: 20190156420
    Abstract: Systems and methods for maintaining the viability of a market order type in fluctuating markets are provided. These systems and methods preferably provide the user with the ability to enter an order as a “conditional” market order. Such an order will preferably only be implemented as a market order under certain specific circumstances—e.g., the market has met a predetermined stability threshold for a preferably predetermined amount of time.
    Type: Application
    Filed: January 23, 2019
    Publication date: May 23, 2019
    Inventors: Howard W. Lutnick, Michael Sweeting, Joseph Noviello
  • Patent number: 9996261
    Abstract: Systems and methods for configurable trading interfaces that allow a trader to quickly and easily submit trading commands to a trading system are provided. Using these systems and methods, a trader can using various trading interfaces to initiate trading commands, configure various display features and default command settings, and control a level of command entry verification that is provided to protect against inadvertent entry of incorrect trading commands.
    Type: Grant
    Filed: September 13, 2012
    Date of Patent: June 12, 2018
    Assignee: CHART TRADING DEVELOPMENT, LLC
    Inventors: Glenn D. Kirwin, Matthew Claus, Joseph Noviello, Andrew C. Gilbert
  • Publication number: 20180137571
    Abstract: The invention relates to systems and methods that provide a user interface for use with an electronic trading system. The interface displays a bid price axis and an ask price axis, as well as corresponding sizes, and an indication of the inside market. When the inside market changes in response to changing market conditions, the indication of the inside market changes locations before being restored to its original location by shifting the bid and ask prices in a direction parallel to the bid or ask price axis. The user may enter trade commands at different price levels using an input device. In order to help prevent such trade commands from being entered at erroneous price levels, the system locks a pointer associated with the input device to a price the user points to during the shifting process, unless the pointer is moved away from that price.
    Type: Application
    Filed: January 12, 2018
    Publication date: May 17, 2018
    Inventors: Howard W. Lutnick, Kevin M. Foley, Joseph Noviello, Michael Sweeting
  • Patent number: 9870590
    Abstract: The invention relates to systems and methods that provide a user interface for use with an electronic trading system. The interface displays a bid price axis and an ask price axis, as well as corresponding sizes, and an indication of the inside market. When the inside market changes in response to changing market conditions, the indication of the inside market changes locations before being restored to its original location by shifting the bid and ask prices in a direction parallel to the bid or ask price axis. The user may enter trade commands at different price levels using an input device. In order to help prevent such trade commands from being entered at erroneous price levels, the system locks a pointer associated with the input device to a price the user points to during the shifting process, unless the pointer is moved away from that price.
    Type: Grant
    Filed: July 29, 2005
    Date of Patent: January 16, 2018
    Assignee: BGC PARTNERS, INC.
    Inventors: Howard W. Lutnick, Kevin M. Foley, Joseph Noviello, Michael Sweeting