Patents Assigned to MicroTick, LLC
  • Short-term option trading system
    Patent number: 8229840
    Abstract: Option contracts are traded by valuing an option that has at least one of a) strike price or b) expiration time unknown at the time the option is valued. The previously unknown values of the option are assigned at the time or after the time the trade is completed. An implied underlying price stream is generated from the option prices through the use of feed back between market participants and the marketplace. The resulting system is useful in trading option contracts of short time duration.
    Type: Grant
    Filed: December 16, 2010
    Date of Patent: July 24, 2012
    Assignee: Microtick LLC
    Inventors: Mark Daniel Jackson, David James Norman
  • NOVEL SHORT-TERM OPTION TRADING SYSTEM
    Publication number: 20110087586
    Abstract: Option contracts are traded by valuing an option that has at least one of a) strike price or b) expiration time unknown at the time the option is valued. The previously unknown values of the option are assigned at the time or after the time the trade is completed. An implied underlying price stream is generated from the option prices through the use of feed back between market participants and the marketplace. The resulting system is useful in trading option contracts of short time duration.
    Type: Application
    Filed: December 16, 2010
    Publication date: April 14, 2011
    Applicant: MICROTICK LLC
    Inventors: Mark Daniel Jackson, David James Norman
  • Short-term option trading system
    Patent number: 7856395
    Abstract: Option contracts are traded by valuing an option that has at least one of a) strike price or b) expiration time unknown at the time the option is valued. The previously unknown values of the option are assigned at the time or after the time the trade is completed. An implied underlying price stream is generated from the option prices through the use of feedback between market participants and the marketplace. The resulting system is useful in trading option contracts of short time duration.
    Type: Grant
    Filed: November 30, 2004
    Date of Patent: December 21, 2010
    Assignee: MicroTick, LLC
    Inventors: Mark Daniel Jackson, David James Norman