Patents by Inventor Alexander D. Deitz

Alexander D. Deitz 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: 20240087023
    Abstract: System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows a trader to possibly obtain a more profitable price as well as get filled faster. Traders submit an order for a spread and the automated trading tool calculates the quote order price based on a defined level of aggressiveness, the leaned on price, and the desired spread price. Based on the level of defined aggressiveness and the gap in the market, the automated trading tool may lean on a mildly, moderately, or extremely aggressive price.
    Type: Application
    Filed: November 17, 2023
    Publication date: March 14, 2024
    Inventors: NICHOLAS G. KONTOS, SAGY PUNDAK MINTZ, ALEXANDER D. DEITZ
  • Patent number: 11861705
    Abstract: System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows a trader to possibly obtain a more profitable price as well as get filled faster. Traders submit an order for a spread and the automated trading tool calculates the quote order price based on a defined level of aggressiveness, the leaned on price, and the desired spread price. Based on the level of defined aggressiveness and the gap in the market, the automated trading tool may lean on a mildly, moderately, or extremely aggressive price.
    Type: Grant
    Filed: June 20, 2022
    Date of Patent: January 2, 2024
    Assignee: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Nicholas G Kontos, Sagy Pundak Mintz, Alexander D. Deitz
  • Publication number: 20230377042
    Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.
    Type: Application
    Filed: August 1, 2023
    Publication date: November 23, 2023
    Inventors: Sagy P. MINTZ, Alexander D. Deitz
  • Patent number: 11756122
    Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.
    Type: Grant
    Filed: December 9, 2022
    Date of Patent: September 12, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy P. Mintz, Alexander D. Deitz
  • Publication number: 20230110081
    Abstract: A system and methods are provided for using order descriptor identifiers in relation to orders being used in trading strategies. According to one example method, when a hedge order is submitted upon detecting a fill of another order, the hedge order includes one or more order descriptor identifiers conveying a purpose of the hedge order to a user. The order descriptor identifiers can be used to search for desired orders and perform more effective order management and post trade analysis.
    Type: Application
    Filed: December 14, 2022
    Publication date: April 13, 2023
    Inventors: Alexander D. DEITZ, Sagy Pundak MINTZ
  • Publication number: 20230108576
    Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.
    Type: Application
    Filed: December 9, 2022
    Publication date: April 6, 2023
    Inventors: Sagy P. MINTZ, Alexander D. Deitz
  • Patent number: 11556984
    Abstract: A system and methods are provided for using order descriptor identifiers in relation to orders being used in trading strategies. According to one example method, when a hedge order is submitted upon detecting a fill of another order, the hedge order includes one or more order descriptor identifiers conveying a purpose of the hedge order to a user. The order descriptor identifiers can be used to search for desired orders and perform more effective order management and post trade analysis.
    Type: Grant
    Filed: July 17, 2015
    Date of Patent: January 17, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Alexander D. Deitz, Sagy Pundak Mintz
  • Patent number: 11551297
    Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.
    Type: Grant
    Filed: April 30, 2020
    Date of Patent: January 10, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy P. Mintz, Alexander D. Deitz
  • Publication number: 20220318908
    Abstract: System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows a trader to possibly obtain a more profitable price as well as get filled faster. Traders submit an order for a spread and the automated trading tool calculates the quote order price based on a defined level of aggressiveness, the leaned on price, and the desired spread price. Based on the level of defined aggressiveness and the gap in the market, the automated trading tool may lean on a mildly, moderately, or extremely aggressive price.
    Type: Application
    Filed: June 20, 2022
    Publication date: October 6, 2022
    Inventors: Nicholas G. Kontos, Sagy Pundak Mintz, Alexander D. Deitz
  • Patent number: 11393034
    Abstract: System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows a trader to possibly obtain a more profitable price as well as get filled faster. Traders submit an order for a spread and the automated trading tool calculates the quote order price based on a defined level of aggressiveness, the leaned on price, and the desired spread price. Based on the level of defined aggressiveness and the gap in the market, the automated trading tool may lean on a mildly, moderately, or extremely aggressive price.
    Type: Grant
    Filed: December 17, 2020
    Date of Patent: July 19, 2022
    Assignee: TRADING TECHNOLOGIES INTERNATIONAL
    Inventors: Nicholas G. Kontos, Sagy Pundak Mintz, Alexander D. Deitz
  • Publication number: 20210103987
    Abstract: System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows a trader to possibly obtain a more profitable price as well as get filled faster. Traders submit an order for a spread and the automated trading tool calculates the quote order price based on a defined level of aggressiveness, the leaned on price, and the desired spread price. Based on the level of defined aggressiveness and the gap in the market, the automated trading tool may lean on a mildly, moderately, or extremely aggressive price.
    Type: Application
    Filed: December 17, 2020
    Publication date: April 8, 2021
    Inventors: Nicholas G. Kontos, Sagy Pundak Mintz, Alexander D. Deitz
  • Patent number: 10902516
    Abstract: System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows a trader to possibly obtain a more profitable price as well as get filled faster. Traders submit an order for a spread and the automated trading tool calculates the quote order price based on a defined level of aggressiveness, the leaned on price, and the desired spread price. Based on the level of defined aggressiveness and the gap in the market, the automated trading tool may lean on a mildly, moderately, or extremely aggressive price.
    Type: Grant
    Filed: December 7, 2018
    Date of Patent: January 26, 2021
    Assignee: Trading Technologies International, Inc.
    Inventors: Nicholas G. Kontos, Sagy Pundak Mintz, Alexander D. Deitz
  • Publication number: 20200258156
    Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.
    Type: Application
    Filed: April 30, 2020
    Publication date: August 13, 2020
    Inventors: Sagy P. MINTZ, Alexander D. Deitz
  • Patent number: 10679290
    Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.
    Type: Grant
    Filed: December 6, 2018
    Date of Patent: June 9, 2020
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy P. Mintz, Alexander D. Deitz
  • Publication number: 20190108589
    Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.
    Type: Application
    Filed: December 6, 2018
    Publication date: April 11, 2019
    Inventors: Sagy P. MINTZ, Alexander D. DEITZ
  • Publication number: 20190108590
    Abstract: System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows a trader to possibly obtain a more profitable price as well as get filled faster. Traders submit an order for a spread and the automated trading tool calculates the quote order price based on a defined level of aggressiveness, the leaned on price, and the desired spread price. Based on the level of defined aggressiveness and the gap in the market, the automated trading tool may lean on a mildly, moderately, or extremely aggressive price.
    Type: Application
    Filed: December 7, 2018
    Publication date: April 11, 2019
    Inventors: Nicholas G. KONTOS, Sagy Pundak MINTZ, Alexander D. DEITZ
  • Patent number: 10185991
    Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.
    Type: Grant
    Filed: September 24, 2014
    Date of Patent: January 22, 2019
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy P. Mintz, Alexander D. Deitz
  • Patent number: 10181157
    Abstract: System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows a trader to possibly obtain a more profitable price as well as get filled faster. Traders submit an order for a spread and the automated trading tool calculates the quote order price based on a defined level of aggressiveness, the leaned on price, and the desired spread price. Based on the level of defined aggressiveness and the gap in the market, the automated trading tool may lean on a mildly, moderately, or extremely aggressive price.
    Type: Grant
    Filed: July 2, 2013
    Date of Patent: January 15, 2019
    Assignee: Trading Technologies International, Inc.
    Inventors: Nicholas G. Kontos, Sagy P. Mintz, Alexander D. Deitz
  • Publication number: 20180308169
    Abstract: System and methods for reducing the risks involved in trading multiple spread trading strategies in an electronic trading environment are provided. Specifically, reducing the risks involved in trading multiple spreads that share a leg by, among other things, quoting a single order in the shared leg instead of quoting orders for each of the corresponding spread legs. Based on the computed quote price for the single order, associating the single order with the leaned on price that results in the price closest to the inside market in the shared leg. The single quote order is based on the market conditions in the spread legs and the desired spread price. Once the single order fills, a hedge order is sent to the leg that obtains the most advantageous price for the spread based on the other spread options.
    Type: Application
    Filed: June 28, 2018
    Publication date: October 25, 2018
    Inventors: Alexander D. Deitz, Sagy Pundak Mintz, David W. Garrison
  • Patent number: 10037571
    Abstract: System and methods for reducing the risks involved in trading multiple spread trading strategies in an electronic trading environment are provided. Specifically, reducing the risks involved in trading multiple spreads that share a leg by, among other things, quoting a single order in the shared leg instead of quoting orders for each of the corresponding spread legs. Based on the computed quote price for the single order, associating the single order with the leaned on price that results in the price closest to the inside market in the shared leg. The single quote order is based on the market conditions in the spread legs and the desired spread price. Once the single order fills, a hedge order is sent to the leg that obtains the most advantageous price for the spread based on the other spread options.
    Type: Grant
    Filed: March 7, 2014
    Date of Patent: July 31, 2018
    Assignee: Trading Technologies International, Inc.
    Inventors: Alexander D. Deitz, Sagy P. Mintz, David W. Garrison