Patents by Inventor Alexander D. Dietz

Alexander D. Dietz 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).

  • Patent number: 8712904
    Abstract: A system and associated methods are provided for intelligent placement and movement of orders in an electronic trading environment. According to one example method, in addition to submitting a leg order at a calculated price level, additional orders, queue holder orders, are submitted for the leg order at prices either below or above the calculated price level. Based on this configuration, if the conditions change such that it is necessary to re-price the leg order, there will be already an order resting in the exchange order book at the re-calculated price that can be used in the strategy. Upon re-pricing the leg order, one or more additional queue holder orders will be placed in the market. Other tools are provided as well.
    Type: Grant
    Filed: October 12, 2012
    Date of Patent: April 29, 2014
    Assignee: Trading Technologies International, Inc.
    Inventors: Michael J. Burns, Eric M. Herz, Sagy Pundak Mintz, Alexander D. Dietz
  • Patent number: 8560430
    Abstract: A system and associated methods are provided for smart hedging in an electronic trading environment. According to one example method, a first order for a first tradeable object and a second order for a second tradeable object are placed based on a spread strategy. Upon receiving an indication that a quantity of the first order is filled, the method involves determining if the second order can be used to offset the quantity filled of the first order by determining if a price of the second order would result in achieving a desired spread price defined for the spread strategy. If the price results in the desired price, the second order is used to offset the quantity filled for the first order in an attempt to achieve the desired spread price. Other tools are provided as well.
    Type: Grant
    Filed: July 31, 2012
    Date of Patent: October 15, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
  • Patent number: 8311932
    Abstract: A system and associated methods are provided for intelligent placement and movement of orders in an electronic trading environment. According to one example method, in addition to submitting a leg order at a calculated price level, additional orders, queue holder orders, are submitted for the leg order at prices either below or above the calculated price level. Based on this configuration, if the conditions change such that it is necessary to re-price the leg order, there will be already an order resting in the exchange order book at the re-calculated price that can be used in the strategy. Upon re-pricing the leg order, one or more additional queue holder orders will be placed in the market. Other tools are provided as well.
    Type: Grant
    Filed: October 17, 2011
    Date of Patent: November 13, 2012
    Assignee: Trading Technologies International, Inc.
    Inventors: Michael J. Burns, Eric M. Herz, Sagy P. Mintz, Alexander D. Dietz
  • Patent number: 8266049
    Abstract: A system and associated methods are provided for smart hedging in an electronic trading environment. According to one example method, a first order for a first tradeable object and a second order for a second tradeable object are placed based on a spread strategy. Upon receiving an indication that a quantity of the first order is filled, the method involves determining if the second order can be used to offset the quantity filled of the first order by determining if a price of the second order would result in achieving a desired spread price defined for the spread strategy. If the price results in the desired price, the second order is used to offset the quantity filled for the first order in an attempt to achieve the desired spread price. Other tools are provided as well.
    Type: Grant
    Filed: April 9, 2012
    Date of Patent: September 11, 2012
    Assignee: Trading Technologies International, Inc.
    Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
  • Publication number: 20120197780
    Abstract: A system and associated methods are provided for smart hedging in an electronic trading environment. According to one example method, a first order for a first tradeable object and a second order for a second tradeable object are placed based on a spread strategy. Upon receiving an indication that a quantity of the first order is filled, the method involves determining if the second order can be used to offset the quantity filled of the first order by determining if a price of the second order would result in achieving a desired spread price defined for the spread strategy. If the price results in the desired price, the second order is used to offset the quantity filled for the first order in an attempt to achieve the desired spread price. Other tools are provided as well.
    Type: Application
    Filed: April 9, 2012
    Publication date: August 2, 2012
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
  • Patent number: 8185468
    Abstract: A system and associated methods are provided for smart hedging in an electronic trading environment. According to one example method, a first order for a first tradeable object and a second order for a second tradeable object are placed based on a spread strategy. Upon receiving an indication that a quantity of the first order is filled, the method involves determining if the second order can be used to offset the quantity filled of the first order by determining if a price of the second order would result in achieving a desired spread price defined for the spread strategy. If the price results in the desired price, the second order is used to offset the quantity filled for the first order in an attempt to achieve the desired spread price. Other tools are provided as well.
    Type: Grant
    Filed: May 6, 2010
    Date of Patent: May 22, 2012
    Assignee: Trading Technologies International, Inc.
    Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
  • Publication number: 20120036061
    Abstract: A system and associated methods are provided for intelligent placement and movement of orders in an electronic trading environment. According to one example method, in addition to submitting a leg order at a calculated price level, additional orders, queue holder orders, are submitted for the leg order at prices either below or above the calculated price level. Based on this configuration, if the conditions change such that it is necessary to re-price the leg order, there will be already an order resting in the exchange order book at the re-calculated price that can be used in the strategy. Upon re-pricing the leg order, one or more additional queue holder orders will be placed in the market. Other tools are provided as well.
    Type: Application
    Filed: October 17, 2011
    Publication date: February 9, 2012
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
  • Patent number: 8065221
    Abstract: A system and associated methods are provided for intelligent placement and movement of orders in an electronic trading environment. According to one example method, in addition to submitting a leg order at a calculated price level, additional orders, queue holder orders, are submitted for the leg order at prices either below or above the calculated price level. Based on this configuration, if the conditions change such that it is necessary to re-price the leg order, there will be already an order resting in the exchange order book at the re-calculated price that can be used in the strategy. Upon re-pricing the leg order, one or more additional queue holder orders will be placed in the market. Other tools are provided as well.
    Type: Grant
    Filed: November 18, 2009
    Date of Patent: November 22, 2011
    Assignee: Trading Technologies International, Inc.
    Inventors: Michael J. Burns, Eric M. Herz, Sagy P. Mintz, Alexander D. Dietz
  • Publication number: 20100217703
    Abstract: A system and associated methods are provided for smart hedging in an electronic trading environment. According to one example method, a first order for a first tradeable object and a second order for a second tradeable object are placed based on a spread strategy. Upon receiving an indication that a quantity of the first order is filled, the method involves determining if the second order can be used to offset the quantity filled of the first order by determining if a price of the second order would result in achieving a desired spread price defined for the spread strategy. If the price results in the desired price, the second order is used to offset the quantity filled for the first order in an attempt to achieve the desired spread price. Other tools are provided as well.
    Type: Application
    Filed: May 6, 2010
    Publication date: August 26, 2010
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
  • Publication number: 20100070403
    Abstract: A system and associated methods are provided for intelligent placement and movement of orders in an electronic trading environment. According to one example method, in addition to submitting a leg order at a calculated price level, additional orders, queue holder orders, are submitted for the leg order at prices either below or above the calculated price level. Based on this configuration, if the conditions change such that it is necessary to re-price the leg order, there will be already an order resting in the exchange order book at the re-calculated price that can be used in the strategy. Upon re-pricing the leg order, one or more additional queue holder orders will be placed in the market. Other tools are provided as well.
    Type: Application
    Filed: November 18, 2009
    Publication date: March 18, 2010
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz