Patents Assigned to ITG
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Publication number: 20180093047Abstract: A self-retracting safety syringe for single use, wherein a needle receiver and retractor, located inside the hollow cavity of the syringe plunger, eject the needle into the plunger, which slides frictionless and freely inside the syringe barrel to facilitate ease of one-hand operation during aspiration of liquids and during injection whereby the tip of the plunger has mating surfaces to the needle base so that dead space is eliminated, which assures the clinician of administering the correct dosage of medication to the patient.Type: ApplicationFiled: October 5, 2016Publication date: April 5, 2018Applicant: ITG-MEDICAL, INC.Inventor: Dietrich Walter Grabis
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Publication number: 20180047101Abstract: Systems and methods of changing electronic trade order properties are provided. A GUI display is provided that displays features regarding placed electronic trade orders. The GUI may include further features for quickly and easily changing features. For example, a first button maybe provided that lists current properties of a selected electronic trade order and is not available for user interaction. A second button may be provided that lists an available change to the current properties of the selected electronic trade order and is available for user interaction. If the second button is activated, one or more electronic cancel and replace orders are executed to create a new order having properties of the selected electronic trade order and at least one changed property that is listed by the second button. The GUI is then updated to reflect the new orders.Type: ApplicationFiled: October 23, 2017Publication date: February 15, 2018Applicant: ITG SOFTWARE SOLUTIONS, INC.Inventors: John McKEON, Frank TRANI, Jim GRANDE
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Publication number: 20180005321Abstract: A post-trade aggregation system for financial instrument trading systems, wherein a trader manages a plurality of trade orders to be executed by one or more executing brokers on behalf of customers via a data interface system. The plurality of trade orders includes at least one wrap block order and at least one institutional block order. The plurality of trade orders are merged into a single merged block order, apportioned into a plurality of smaller electronic trade orders, and transmitted to a plurality of order destinations. One or more computer systems are in electronic communication with the data interface system and with a clearing system, and configured to compress individual executions from the plurality of order destinations corresponding to the plurality of smaller electronic trade orders into a single net marked-up step-out for wrap orders and a single average-priced block for institutional orders.Type: ApplicationFiled: September 18, 2017Publication date: January 4, 2018Applicant: ITG SOFTWARE SOLUTIONS, INC.Inventors: Ronald D. Lee, Mervin C. Newell, Scott H. Kurland, Ian P.L. Hoenisch, James B. Weiner, Gerald B. Drayer, Robert L. Sher
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Patent number: 9799073Abstract: Systems and methods of changing electronic trade order properties are provided. A GUI display is provided that displays features regarding placed electronic trade orders. The GUI may include further features for quickly and easily changing features. For example, a first button maybe provided that lists current properties of a selected electronic trade order and is not available for user interaction. A second button may be provided that lists an available change to the current properties of the selected electronic trade order and is available for user interaction. If the second button is activated, one or more electronic cancel and replace orders are executed to create a new order having properties of the selected electronic trade order and at least one changed property that is listed by the second button. The GUI is then updated to reflect the new orders.Type: GrantFiled: January 30, 2012Date of Patent: October 24, 2017Assignee: ITG SOFTWARE SOLUTIONS, INC.Inventors: John McKeon, Frank Trani, Jim Grande
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Patent number: 9767514Abstract: A post-trade aggregation system for financial instrument trading systems, wherein a trader manages a plurality of trade orders to be executed by one or more executing brokers on behalf of customers via a data interface system. The plurality of trade orders includes at least one wrap block order and at least one institutional block order. The plurality of trade orders are merged into a single merged block order, apportioned into a plurality of smaller electronic trade orders, and transmitted to a plurality of order destinations. One or more computer systems are in electronic communication with the data interface system and with a clearing system, and configured to compress individual executions from the plurality of order destinations corresponding to the plurality of smaller electronic trade orders into a single net marked-up step-out for wrap orders and a single average-priced block for institutional orders.Type: GrantFiled: October 26, 2012Date of Patent: September 19, 2017Assignee: ITG SOFTWARE SOLUTIONS, INC.Inventors: Ronald D. Lee, Mervin C. Newell, Scott H. Kurland, Ian P. L. Hoenisch, James B. Weiner, Gerald B. Drayer, Robert L. Sher
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Publication number: 20170148095Abstract: A method and computer program product for minimizing short-term risk to a portfolio of securities holdings during implementation of executing an outstanding trade list of securities to be traded, takes into account covariances between securities in the outstanding trade list and between securities in the outstanding trade list and securities in the portfolio of holdings so as to minimize risk to the portfolio of holdings as well as to a residual trade list of unexecuted orders during said implementation.Type: ApplicationFiled: July 27, 2016Publication date: May 25, 2017Applicant: ITG SOFTWARE SOLUTIONS, INC.Inventors: John KROWAS, Ian Domowitz
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Publication number: 20170109822Abstract: A network communication system and method are provided. The system and method communicate in a electronic trading environment and receive and send signals representing trading information in order to determine trading cost for trading pairs of currencies. In an embodiment, the system may request electronic price quotes from the set of electronic trading venues and may receive the electronic price quotes over a network. The system and method generates a cost curves that relates trading cost to order size for a plurality of order sizes. The system and method may determine trading costs for an electronic trade order based on the cost curves.Type: ApplicationFiled: March 20, 2015Publication date: April 20, 2017Applicant: ITG SOFTWARE SOLUTIONS, INCInventors: Milan BORKOVEC, Ian DOMOWITZ
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Patent number: 9619839Abstract: A method and system for viewing and trading futures and other tradeable objects. The invention includes improved user interfaces for use with trading systems that allows users to more efficiently execute and manage trades. A dynamic price ladder allows a trader to see price gaps while remaining in a dynamic mode. The “sticky cells” feature prevents user errors which can occur when the display updates causing the cell under the mouse pointer to move up or down. Particular portions of the display can be color coded to provide a user with a easy way to determine market trends. A static working order screen allows a trader to visually see working orders from closest to furthest away from the market and can also allow for orders to be cancelled.Type: GrantFiled: February 13, 2009Date of Patent: April 11, 2017Assignee: ITG SOFTWARE SOLUTIONS, INC.Inventor: Jeff Crist
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Publication number: 20150178839Abstract: A post-trade aggregation system includes an allocation middleware interface, which interacts with data interface to allocate and settle trades. An order management system receives a trade order on behalf of a customer and causes apportionment of the trade into a plurality of smaller orders to be transmitted to a plurality of order destinations directly (e.g. via the FIX protocol). The post-trade aggregation system includes an allocation middleware interface which receives the individual trade executions from the plurality of order destination and compresses them into a single average-priced block. The allocation middleware interface then transmits the single average-priced block to be cleared by a designated clearing agent and allocates the single average-priced block into one or more custodian accounts.Type: ApplicationFiled: August 18, 2014Publication date: June 25, 2015Applicant: ITG SOFTWARE SOLUTIONS, INC.Inventors: Ronald D. LEE, Mervin C. Newell, Scott H. Kurland, Ian P.L. Hoenisch, James B. Weiner, Gerald B. Drayer, Robert L. Sher
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Publication number: 20150120524Abstract: The present invention relates generally to electronic trading systems. More particularly, the present invention relates to systems and methods for providing, within an electronic trading process, real-time or near real-time pre- and post-trade analytics to assist traders make the decision of how to trade electronically a particular tradeable asset. Pre- and post-trade analytics can be displayed to a trader without affecting their workflow. Moreover, pre- and post-trade analytics can be used to make trading recommendations, to select or modify a trading strategy, to select and or modify trading destinations, brokers, algorithms or venues, and/or to automatically generate and transmit electronic trade orders or to effect trades.Type: ApplicationFiled: March 21, 2014Publication date: April 30, 2015Applicant: ITG Software Solutions, Inc.Inventors: Ian DOMOWITZ, Sabitha ARPUTHAM, Brian KIERNAN, Kevin O'CONNOR
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Publication number: 20150052037Abstract: Systems and methods are provided for maintaining neutrality while trading a list of securities using an algorithmic trading facility coupled with at least one destination. This destination includes at least one alternative trading system (ATS). This facility is coupled, via an electronic data network, to a plurality of trading clients, and configured to receive a trade request to trade a list of securities from a trading client. This request includes user defined trading constraints that are used to generate and transmit trade orders to at least one ATS. The orders are transmitted based on trading data related to the destinations, the trade list, and the trading constraints. The facility can identify each executed trade corresponding to the trade orders and calculate a trade imbalance. The facility can determine whether the trade imbalance exceeds the trading constraints, and reallocate one or more of said submitted orders based on this determination.Type: ApplicationFiled: July 18, 2014Publication date: February 19, 2015Applicant: ITG SOFTWARE SOLUTIONS, INC.Inventors: Hitesh MITTAL, Ronald TAUR, Ryan LEE, Scott KARTINEN
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Publication number: 20150012412Abstract: A trading platform computer system for detecting an abnormal trading condition of a security uses real-time and estimated values of one or more variables associated with the condition of the security to generate one or more analytic metrics that are compared to empirical distributions based on one or more peer groups for the security. An indicator can then be displayed to a trader as an indication of the abnormal condition.Type: ApplicationFiled: July 11, 2014Publication date: January 8, 2015Applicant: ITG SOFTWARE SOLUTIONS, INC.Inventors: Yossef BRANDES, Ian DOMOWITZ, Milan BORKOVEC, Jian YANG, Robert D. SINCLAIR, Vitaly SERBIN
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Publication number: 20140372277Abstract: One exemplary aspect comprises a computer-implemented method comprising: (a) electronically receiving, from a first securities market participant, data including information related to a first order and to one or more group rankings for dissemination; (b) electronically determining with one or more processors, based on data regarding a second securities market participant and the order information and group rankings, whether the second securities market participant has a second order, on the contra side of the first order, and whether, in accordance with the group rankings, the second securities market participant is qualified to receive information about the first order; and, (c) after, and only if, the second participant is determined to be qualified, transmitting information sufficient to display to the second securities market participant the information about the first order.Type: ApplicationFiled: May 20, 2014Publication date: December 18, 2014Applicant: ITG SOFTWARE SOLUTIONS, INC.Inventors: Alfred R. Berkeley, III, Marcus Hooper, Henri Waelbroeck
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Publication number: 20140372278Abstract: A method and apparatus for outputting data that represents the change in value of an options premium that would have resulted if the options traded in a direct linear volume relationship with its underlying security is provided. Input values utilized include a delta value, a gamma value, a value-weighted average price of an underlying stock, a reference price of the underlying stock, and an original order premium value.Type: ApplicationFiled: June 2, 2014Publication date: December 18, 2014Applicant: ITG Software Solutions, Inc.Inventors: David Walter MORTIMER, Scott Charles Larison
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Publication number: 20140358761Abstract: A computer implemented method and system for executing block trades for a security includes steps or devices for receiving a block trade request, at a computer system. The block request includes data representing a quantity of shares of the security to be traded over a period of time. The computer system divides the period of time into a plurality of time bins. A computer system, for the received block trade request, computes, for each time bin, a number of shares to be traded as a trading target based on at least historical trading volumes using predictive analysis. For a first time bin, a computer system generates executable trade orders for a number of shares to be traded that is substantially equal to the trading target for the first time bin. A computer system executes at least a portion of the executable trade orders in a trade forum within each time bin in the future.Type: ApplicationFiled: June 9, 2014Publication date: December 4, 2014Applicant: ITG SOFTWARE SOLUTIONS, INC.Inventors: David C. CUSHING, M. Mitch BULAJIC, Rohit D'SOUZA, Kenneth KRAMER
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Publication number: 20140337197Abstract: A system for determining fair value prices of financial securities of international markets includes selecting a universe of securities of a particular international market, computing overnight returns of each security in the selected universe over a predetermined past period of time, selecting at least one return factor of a domestic financial market from a plurality of return factors, computing, for each selected return factor, the return factor's daily return over said predetermined past period of time, calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return, and producing each calculated return factor coefficient in a data stream.Type: ApplicationFiled: May 12, 2014Publication date: November 13, 2014Applicant: ITG Software Solutions, Inc.Inventors: Ananth MADHAVAN, Jian YANG, Leonid ZOSIN, Konstantin ZALUTSKY, Artem ASRIEV, Gabriel BUTLER
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Patent number: D742303Type: GrantFiled: January 21, 2014Date of Patent: November 3, 2015Assignee: ITG VOMA CORPORATIONInventor: Yutian Shen
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Patent number: D762552Type: GrantFiled: September 3, 2014Date of Patent: August 2, 2016Assignee: ITG VOMA CORP.Inventor: Jinxu Xue
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Patent number: D762557Type: GrantFiled: September 3, 2014Date of Patent: August 2, 2016Assignee: ITG VOMA CORP.Inventor: Jinxu Xue
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Patent number: D762558Type: GrantFiled: September 3, 2014Date of Patent: August 2, 2016Assignee: ITG VOMA CORP.Inventor: Jinxu Xue