Patents Assigned to Next Level Derivatives LLC
  • Patent number: 11580601
    Abstract: The SECURE MULTI-SERVER INTEREST RATE BASED INSTRUMENT TRADING SYSTEM AND METHODS OF INCREASING EFFICIENCY THEREOF AND ASSOCIATED INTEREST RATE BASED FINANCIAL INSTRUMENT (“IRFI”) provides efficient, secure instrument transactions. The IRFI provides increased trading system security and efficiency for an interest-rate based instrument exchange utilizing a server-based trading platform. The IRFI receives a user selection of a contract including associated characteristic parameters. The IRFI receives user-selected number of contracts to trade associated with a basis point for the contract. An artificial neural network, including at least one input layer, a hidden layer and an output layer, can determine a risk hedging amount based on the basis point for the contract and the selected number of contracts to cover a risk in an auction. The IRFI receives pricing data associated with an auction system, the pricing data including settlement yield and delivery price and determines a delivery amount for the contract.
    Type: Grant
    Filed: February 13, 2020
    Date of Patent: February 14, 2023
    Assignee: Next Level Derivatives LLC
    Inventor: Charles Mancuso
  • Publication number: 20210406639
    Abstract: The SECURE MULTI-SERVER STABILIZED DATA PACKET EXCHANGE SYSTEMS (IRFI) provide efficient, secure data communication for data communication and exchange servers. The IRFI provides increased data exchange system security and efficiency for time-rate based data package communicators. The IRFI can use artificial neural networks that include three or more layers, with at least one input layer, a hidden layer and an output layer. The IRFI can obtain listing data relating to a data package, obtain characteristic parameters associated with the data package, determine a BP metric for the data package, calculate an exposure offset value based on the BP metric for the data package, receive evaluation data from an data packet exchange system, including a SY metric and a DV metric, calculate a delivery metric for the data package based on the evaluation data, and facilitate a communication of the delivery metric.
    Type: Application
    Filed: January 8, 2021
    Publication date: December 30, 2021
    Applicant: NEXT LEVEL DERIVATIVES LLC
    Inventor: Charles MANCUSO
  • Patent number: 10891535
    Abstract: The SECURE MULTI-SERVER STABILIZED DATA PACKET EXCHANGE SYSTEMS (IRFI) provide efficient, secure data communication for data communication and exchange servers. The IRFI provides increased data exchange system security and efficiency for time-rate based data package communicators. The IRFI can use artificial neural networks that include three or more layers, with at least one input layer, a hidden layer and an output layer. The IRFI can obtain listing data relating to a data package, obtain characteristic parameters associated with the data package, determine a BP metric for the data package, calculate an exposure offset value based on the BP metric for the data package, receive evaluation data from an data packet exchange system, including a SY metric and a DV metric, calculate a delivery metric for the data package based on the evaluation data, and facilitate a communication of the delivery metric.
    Type: Grant
    Filed: January 18, 2017
    Date of Patent: January 12, 2021
    Assignee: NEXT LEVEL DERIVATIVES LLC
    Inventor: Charles Mancuso
  • Patent number: 10565647
    Abstract: The SECURE MULTI-SERVER INTEREST RATE BASED INSTRUMENT TRADING SYSTEM AND METHODS OF INCREASING EFFICIENCY THEREOF AND ASSOCIATED INTEREST RATE BASED FINANCIAL INSTRUMENT (“IRFI”) provides efficient, secure instrument transactions. The IRFI provides increased trading system security and efficiency for an interest-rate based instrument exchange utilizing a server-based trading platform. The IRFI receives a user selection of a contract including associated characteristic parameters. The IRFI receives user-selected number of contracts to trade associated with a basis point for the contract. An artificial neural network, including at least one input layer, a hidden layer and an output layer, can determine a risk hedging amount based on the basis point for the contract and the selected number of contracts to cover a risk in an auction. The IRFI receives pricing data associated with an auction system, the pricing data including settlement yield and delivery price and determines a delivery amount for the contract.
    Type: Grant
    Filed: August 19, 2015
    Date of Patent: February 18, 2020
    Assignee: Next Level Derivatives LLC
    Inventor: Charles Mancuso