Patents by Inventor Albert-Jan Huizing

Albert-Jan Huizing 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).

  • System and method for simultaneous trading of options
    Patent number: 7698187
    Abstract: A method and system for facilitating trading of equity and index options is provided. The system incentivizes market makers to voluntarily agree to restrict the bid/offer spread on price quotes for options by enabling the market makers to submit batches of bids and offers simultaneously. The system also provides protection to the market makers by enabling withdrawal of certain bids and offers if a cumulative delta on traded options has been exceeded. The system also provides limits on the rates at which individual traders and the overall market submit bids and offers. The system provides summarization of market data to enable market makers to have relevant and timely data at all stages. In this manner, the system achieves increased liquidity of the equity and index options markets.
    Type: Grant
    Filed: October 28, 2005
    Date of Patent: April 13, 2010
    Assignee: LIFFE Administration and Management
    Inventors: Albert-Jan Huizing, Declan Ward
  • System and method for simultaneous trading of options
    Publication number: 20070100733
    Abstract: A method and system for facilitating trading of equity and index options is provided. The system incentivizes market makers to voluntarily agree to restrict the bid/offer spread on price quotes for options by enabling the market makers to submit batches of bids and offers simultaneously. The system also provides protection to the market makers by enabling withdrawal of certain bids and offers if a cumulative delta on traded options has been exceeded. The system also provides limits on the rates at which individual traders and the overall market submit bids and offers. The system provides summarization of market data to enable market makers to have relevant and timely data at all stages. In this manner, the system achieves increased liquidity of the equity and index options markets.
    Type: Application
    Filed: October 28, 2005
    Publication date: May 3, 2007
    Inventors: Albert-Jan Huizing, Declan Ward