Patents by Inventor Bharat Mittal

Bharat Mittal 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: 20240087024
    Abstract: Certain embodiments provide systems, methods, and apparatus for trading in a distributed server architecture. An example method includes receiving, by a computing device, a definition for a trading strategy, wherein the trading strategy includes a first tradeable object and a second tradeable object. The example method includes selecting, by the computing device, a first server to process one or more trade orders for the first tradeable object and a second server to process one or more trade orders for the second tradeable object. The example method includes sending, by the computing device, the definition for the trading strategy to the first server and the second server.
    Type: Application
    Filed: November 20, 2023
    Publication date: March 14, 2024
    Inventors: Patricia A. Messina, Bharat Mittal
  • Patent number: 11922500
    Abstract: The example methods and systems described herein provide for configuration of one or more trade order parameters to associate with one or more trade orders, where the trade orders may be submitted to one or more electronic exchanges. According to an example embodiment, rather than having the trader manually configure each individual parameter associated with each trade order, a trader can pre-configure customer and order parameters. A user, for example a trader, broker, or market maker, can configure trade order parameters to associate with one or more customers, one or more order types, and/or internal messages to associate with any of the configured customers or orders. Based on the selected customer and tradeable object, the trading system evaluates the pre-configured customer and associated order parameters and determines which trade order parameters best match. The trading system then dynamically populates the order entry window with the specific trade order parameters associated with the best match.
    Type: Grant
    Filed: November 19, 2021
    Date of Patent: March 5, 2024
    Assignee: Trading Technologies International, Inc.
    Inventors: Steven J. Carroll, Stephen P. Decker, Bharat Mittal
  • Publication number: 20240046359
    Abstract: Various systems and methods for trade order processing in an electronic trading environment are provided. The order processing includes initiating a first thread of instructions at a computing device to send a first trade order onto an electronic exchange. However, if one or more trade orders are identified during the process to send the first trade order, then the one or more orders are queued. When the first trade order is sent to the electronic exchange, then a second thread of instructions is initiated at the computing device to send the queued one or more trade orders (substantially together, if there is more than one) on to the electronic exchange.
    Type: Application
    Filed: October 19, 2023
    Publication date: February 8, 2024
    Inventors: Alexander V. Foygel, Bharat Mittal
  • Publication number: 20240020764
    Abstract: System and method for dynamically managing message flow. According to the example embodiments, an intermediary network device or a client device dynamically manages the flow of messages received from an electronic exchange by analyzing the client device's capabilities, such as CPU utilization. Based on a percentage of total CPU utilization, the level of throttling is dynamically adjusted, such that if the percentage of CPU utilization, or load, increases, then throttling is increased from a lower level to a higher level. Similarly, if the percentage of CPU utilization decreases significantly enough, then throttling is decreased to a lower level.
    Type: Application
    Filed: August 8, 2023
    Publication date: January 18, 2024
    Inventors: Alexander V. Foygel, Bharat Mittal, Douglas R. Duquette
  • Patent number: 11869080
    Abstract: Certain embodiments provide systems, methods, and apparatus for trading in a distributed server architecture. An example method includes receiving, by a computing device, a definition for a trading strategy, wherein the trading strategy includes a first tradeable object and a second tradeable object. The example method includes selecting, by the computing device, a first server to process one or more trade orders for the first tradeable object and a second server to process one or more trade orders for the second tradeable object. The example method includes sending, by the computing device, the definition for the trading strategy to the first server and the second server.
    Type: Grant
    Filed: July 2, 2021
    Date of Patent: January 9, 2024
    Assignee: Trading Technologies International, Inc.
    Inventors: Patricia A. Messina, Bharat Mittal
  • Patent number: 11836797
    Abstract: Various systems and methods for trade order processing in an electronic trading environment are provided. The order processing includes initiating a first thread of instructions at a computing device to send a first trade order onto an electronic exchange. However, if one or more trade orders are identified during the process to send the first trade order, then the one or more orders are queued. When the first trade order is sent to the electronic exchange, then a second thread of instructions is initiated at the computing device to send the queued one or more trade orders (substantially together, if there is more than one) on to the electronic exchange.
    Type: Grant
    Filed: July 5, 2022
    Date of Patent: December 5, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Alexander V. Foygel, Bharat Mittal
  • Publication number: 20230351508
    Abstract: A quantity modifier and a price modifier are provided for a spread trading strategy having a desired spread price and a desired spread quantity. According to an example embodiment, a quantity modifier divides the desired spread quantity into a plurality of disclosed spread quantities. Once the disclosed quantities are determined, a plurality of disclosed spread orders having the disclosed spread quantities are sequentially submitted to the market until the full desired spread order quantity is executed or until a predefined condition is detected. A price modifier determines a price level for each disclosed spread quantity, such that each disclosed spread order may be submitted at a different price level.
    Type: Application
    Filed: June 30, 2023
    Publication date: November 2, 2023
    Inventors: Patricia A. Messina, Bharat Mittal
  • Publication number: 20230316402
    Abstract: Various systems and methods for presenting and interacting with electronic trading related information on a display screen of a computer system are provided. According to one or more embodiments, buttons are positioned and compressed along an axis, where each button corresponds to a function. A button can be selected through an action of a user input device. A button is removed from the region when a function corresponding to the button is no longer current and when the cursor is not positioned within the region. The remaining buttons, if any, in the region are compressed subsequent to removing the button from the region. A button is not removed from the region when the cursor is positioned within the region.
    Type: Application
    Filed: June 8, 2023
    Publication date: October 5, 2023
    Inventors: Patricia A. Messina, Bharat Mittal, Dejan M. Srdjevic
  • Patent number: 11769203
    Abstract: System and method for dynamically managing message flow. According to the example embodiments, an intermediary network device or a client device dynamically manages the flow of messages received from an electronic exchange by analyzing the client device's capabilities, such as CPU utilization. Based on a percentage of total CPU utilization, the level of throttling is dynamically adjusted, such that if the percentage of CPU utilization, or load, increases, then throttling is increased from a lower level to a higher level. Similarly, if the percentage of CPU utilization decreases significantly enough, then throttling is decreased to a lower level.
    Type: Grant
    Filed: January 13, 2022
    Date of Patent: September 26, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Alexander V. Foygel, Bharat Mittal, Douglas R. Duquette
  • Publication number: 20230281718
    Abstract: Various systems and methods for trade order processing in an electronic trading environment are provided. According to one or more embodiments, two or more trade orders are currently queued for execution at one or more electronic exchanges and are to be modified at substantially the same time. Each trade order is processed according to a priority based on each order's proximity to a particular market price, for example.
    Type: Application
    Filed: May 10, 2023
    Publication date: September 7, 2023
    Inventors: Alexander V. Foygel, Bharat Mittal
  • Patent number: 11741544
    Abstract: A quantity modifier and a price modifier are provided for a spread trading strategy having a desired spread price and a desired spread quantity. According to an example embodiment, a quantity modifier divides the desired spread quantity into a plurality of disclosed spread quantities. Once the disclosed quantities are determined, a plurality of disclosed spread orders having the disclosed spread quantities are sequentially submitted to the market until the full desired spread order quantity is executed or until a predefined condition is detected. A price modifier determines a price level for each disclosed spread quantity, such that each disclosed spread order may be submitted at a different price level.
    Type: Grant
    Filed: February 8, 2022
    Date of Patent: August 29, 2023
    Assignee: Trading Technologies International, inc.
    Inventors: Patricia A. Messina, Bharat Mittal
  • Patent number: 11715157
    Abstract: Various systems and methods for presenting and interacting with electronic trading related information on a display screen of a computer system are provided. According to one or more embodiments, buttons are positioned and compressed along an axis, where each button corresponds to a function. A button can be selected through an action of a user input device. A button is removed from the region when a function corresponding to the button is no longer current and when the cursor is not positioned within the region. The remaining buttons, if any, in the region are compressed subsequent to removing the button from the region. A button is not removed from the region when the cursor is positioned within the region.
    Type: Grant
    Filed: December 28, 2021
    Date of Patent: August 1, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Patricia A. Messina, Bharat Mittal, Dejan M. Srdjevic
  • Patent number: 11688008
    Abstract: Various systems and methods for trade order processing in an electronic trading environment are provided. According to one or more embodiments, two or more trade orders are currently queued for execution at one or more electronic exchanges and are to be modified at substantially the same time. Each trade order is processed according to a priority based on each order's proximity to a particular market price, for example.
    Type: Grant
    Filed: December 13, 2021
    Date of Patent: June 27, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Alexander V. Foygel, Bharat Mittal
  • Publication number: 20220366496
    Abstract: Various systems and methods are provided for prioritized sending of transaction messages to an electronic exchange. According to one embodiment, a system determines a priority level for each transaction message based on a potential monetary reward or risk associated with sending or delaying the message. Once the priority levels are determined, the messages may be sent based on the priority levels. Additionally, each priority level may be associated with a predetermined threshold level. If a message threshold is reached, a new message corresponding to that priority level is queued until the message may be transmitted without exceeding the threshold limit.
    Type: Application
    Filed: July 28, 2022
    Publication date: November 17, 2022
    Inventors: Alexander V. Foygel, Bharat Mittal
  • Publication number: 20220335528
    Abstract: Various systems and methods for trade order processing in an electronic trading environment are provided. The order processing includes initiating a first thread of instructions at a computing device to send a first trade order onto an electronic exchange. However, if one or more trade orders are identified during the process to send the first trade order, then the one or more orders are queued. When the first trade order is sent to the electronic exchange, then a second thread of instructions is initiated at the computing device to send the queued one or more trade orders (substantially together, if there is more than one) on to the electronic exchange.
    Type: Application
    Filed: July 5, 2022
    Publication date: October 20, 2022
    Inventors: Alexander V. Foygel, Bharat Mittal
  • Patent number: 11436676
    Abstract: Various systems and methods are provided for prioritized sending of transaction messages to an electronic exchange. According to one embodiment, a system determines a priority level for each transaction message based on a potential monetary reward or risk associated with sending or delaying the message. Once the priority levels are determined, the messages may be sent based on the priority levels. Additionally, each priority level may be associated with a predetermined threshold level. If a message threshold is reached, a new message corresponding to that priority level is queued until the message may be transmitted without exceeding the threshold limit.
    Type: Grant
    Filed: August 14, 2020
    Date of Patent: September 6, 2022
    Assignee: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Alexander V. Foygel, Bharat Mittal
  • Patent number: 11410238
    Abstract: Various systems and methods for trade order processing in an electronic trading environment are provided. The order processing includes initiating a first thread of instructions at a computing device to send a first trade order onto an electronic exchange. However, if one or more trade orders are identified during the process to send the first trade order, then the one or more orders are queued. When the first trade order is sent to the electronic exchange, then a second thread of instructions is initiated at the computing device to send the queued one or more trade orders (substantially together, if there is more than one) on to the electronic exchange.
    Type: Grant
    Filed: June 3, 2020
    Date of Patent: August 9, 2022
    Assignee: Trading Technologies International, Inc.
    Inventors: Alexander V. Foygel, Bharat Mittal
  • Publication number: 20220164882
    Abstract: A quantity modifier and a price modifier are provided for a spread trading strategy having a desired spread price and a desired spread quantity. According to an example embodiment, a quantity modifier divides the desired spread quantity into a plurality of disclosed spread quantities. Once the disclosed quantities are determined, a plurality of disclosed spread orders having the disclosed spread quantities are sequentially submitted to the market until the full desired spread order quantity is executed or until a predefined condition is detected. A price modifier determines a price level for each disclosed spread quantity, such that each disclosed spread order may be submitted at a different price level.
    Type: Application
    Filed: February 8, 2022
    Publication date: May 26, 2022
    Inventors: Patricia A. Messina, Bharat Mittal
  • Publication number: 20220138853
    Abstract: System and method for dynamically managing message flow. According to the example embodiments, an intermediary network device or a client device dynamically manages the flow of messages received from an electronic exchange by analyzing the client device's capabilities, such as CPU utilization. Based on a percentage of total CPU utilization, the level of throttling is dynamically adjusted, such that if the percentage of CPU utilization, or load, increases, then throttling is increased from a lower level to a higher level. Similarly, if the percentage of CPU utilization decreases significantly enough, then throttling is decreased to a lower level.
    Type: Application
    Filed: January 13, 2022
    Publication date: May 5, 2022
    Inventors: Alexander V. Foygel, Bharat Mittal, Douglas R. Duquette
  • Publication number: 20220122180
    Abstract: Various systems and methods for presenting and interacting with electronic trading related information on a display screen of a computer system are provided. According to one or more embodiments, buttons are positioned and compressed along an axis, where each button corresponds to a function. A button can be selected through an action of a user input device. A button is removed from the region when a function corresponding to the button is no longer current and when the cursor is not positioned within the region. The remaining buttons, if any, in the region are compressed subsequent to removing the button from the region. A button is not removed from the region when the cursor is positioned within the region.
    Type: Application
    Filed: December 28, 2021
    Publication date: April 21, 2022
    Inventors: Patricia A. Messina, Bharat Mittal, Dejan M. Srdjevic