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).
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Patent number: 8712904Abstract: 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: GrantFiled: October 12, 2012Date of Patent: April 29, 2014Assignee: Trading Technologies International, Inc.Inventors: Michael J. Burns, Eric M. Herz, Sagy Pundak Mintz, Alexander D. Dietz
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Patent number: 8560430Abstract: 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: GrantFiled: July 31, 2012Date of Patent: October 15, 2013Assignee: Trading Technologies International, Inc.Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
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Patent number: 8311932Abstract: 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: GrantFiled: October 17, 2011Date of Patent: November 13, 2012Assignee: Trading Technologies International, Inc.Inventors: Michael J. Burns, Eric M. Herz, Sagy P. Mintz, Alexander D. Dietz
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Patent number: 8266049Abstract: 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: GrantFiled: April 9, 2012Date of Patent: September 11, 2012Assignee: Trading Technologies International, Inc.Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
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Publication number: 20120197780Abstract: 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: ApplicationFiled: April 9, 2012Publication date: August 2, 2012Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
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Patent number: 8185468Abstract: 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: GrantFiled: May 6, 2010Date of Patent: May 22, 2012Assignee: Trading Technologies International, Inc.Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
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Publication number: 20120036061Abstract: 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: ApplicationFiled: October 17, 2011Publication date: February 9, 2012Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
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Patent number: 8065221Abstract: 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: GrantFiled: November 18, 2009Date of Patent: November 22, 2011Assignee: Trading Technologies International, Inc.Inventors: Michael J. Burns, Eric M. Herz, Sagy P. Mintz, Alexander D. Dietz
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Publication number: 20100217703Abstract: 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: ApplicationFiled: May 6, 2010Publication date: August 26, 2010Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz
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Publication number: 20100070403Abstract: 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: ApplicationFiled: November 18, 2009Publication date: March 18, 2010Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.Inventors: Michael J. Burns, Sagy P. Mintz, Eric M. Herz, Alexander D. Dietz