Patents by Inventor Charlie Troxel
Charlie Troxel 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: 10776864Abstract: Methods and systems are providing for minimizing the effects of transmission delays when providing orders for financial instruments. A plurality of order books and match engines may be maintained at geographically dispersed locations. The orders may be synchronized to provide the appearance of a single order book to traders and other users. The plurality of order books and match engines allow traders and other users to transmit orders to the match engine associated with the shortest transmission delay and to access orders pending at other match engines.Type: GrantFiled: November 20, 2018Date of Patent: September 15, 2020Assignee: Chicago Mercantile Exchange Inc.Inventors: Charlie Troxel, Jr., Steve Goldman
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Patent number: 10366454Abstract: Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade.Type: GrantFiled: October 19, 2018Date of Patent: July 30, 2019Assignee: Chicago Mercantile Exchange Inc.Inventors: David Salvadori, John Falck, Charlie Troxel, Jr., James Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, Scott Johnston
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Publication number: 20190087891Abstract: Methods and systems are providing for minimizing the effects of transmission delays when providing orders for financial instruments. A plurality of order books and match engines may be maintained at geographically dispersed locations. The orders may be synchronized to provide the appearance of a single order book to traders and other users. The plurality of order books and match engines allow traders and other users to transmit orders to the match engine associated with the shortest transmission delay and to access orders pending at other match engines.Type: ApplicationFiled: November 20, 2018Publication date: March 21, 2019Inventors: Charlie Troxel, JR., Steve Goldman
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Patent number: 10217165Abstract: Methods and systems for an exchange to handle variable derivative product order prices are disclosed. The price of a derivative product order (bid or offer) is updated based on changes in the price of a related underlying product. Price determination variable(s), such as delta and gamma, are used to determine the price of the order. The exchange may periodically recalculate the price without requiring the trader to transmit additional information to the exchange.Type: GrantFiled: January 22, 2018Date of Patent: February 26, 2019Assignee: Chicago Mercantile Exchange Inc.Inventors: Scott Johnston, John Falck, Charlie Troxel, Jr., James W. Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, David Salvadori
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Publication number: 20190057446Abstract: Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade.Type: ApplicationFiled: October 19, 2018Publication date: February 21, 2019Inventors: David Salvadori, John Falck, Charlie Troxel, JR., James Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, Scott Johnston
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Patent number: 10163151Abstract: Methods and systems are providing for minimizing the effects of transmission delays when providing orders for financial instruments. A plurality of order books and match engines may be maintained at geographically dispersed locations. The orders may be synchronized to provide the appearance of a single order book to traders and other users. The plurality of order books and match engines allow traders and other users to transmit orders to the match engine associated with the shortest transmission delay and to access orders pending at other match engines.Type: GrantFiled: November 18, 2011Date of Patent: December 25, 2018Assignee: Chicago Mercantile Exchange Inc.Inventors: Charlie Troxel, Jr., Steve Goldman
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Patent number: 10147139Abstract: Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade.Type: GrantFiled: March 27, 2017Date of Patent: December 4, 2018Assignee: Chicago Mercantile Exchange Inc.Inventors: David Salvadori, John Falck, Charlie Troxel, James Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, Scott Johnston
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Publication number: 20180144405Abstract: Methods and systems for an exchange to handle variable derivative product order prices are disclosed. The price of a derivative product order (bid or offer) is updated based on changes in the price of a related underlying product. Price determination variable(s), such as delta and gamma, are used to determine the price of the order. The exchange may periodically recalculate the price without requiring the trader to transmit additional information to the exchange.Type: ApplicationFiled: January 22, 2018Publication date: May 24, 2018Inventors: Scott Johnston, John Falck, Charlie Troxel, JR., James W. Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, David Salvadori
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Patent number: 9911157Abstract: Methods and systems for an exchange to handle variable derivative product order prices are disclosed. The price of a derivative product order (bid or offer) is updated based on changes in the price of a related underlying product. Price determination variable(s), such as delta and gamma, are used to determine the price of the order. The exchange may periodically recalculate the price without requiring the trader to transmit additional information to the exchange.Type: GrantFiled: July 2, 2009Date of Patent: March 6, 2018Assignee: Chicago Mercantile Exchange Inc.Inventors: Scott Johnston, John Falck, Charlie Troxel, Jr., James W. Farrell, Shanthi Thiruthuvadoss, Arjuna Ariathurai, David Salvadori
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Publication number: 20170200231Abstract: Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade.Type: ApplicationFiled: March 27, 2017Publication date: July 13, 2017Inventors: David Salvadori, John Falck, Charlie Troxel, James Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, Scott Johnston
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Patent number: 9607338Abstract: Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade.Type: GrantFiled: January 13, 2014Date of Patent: March 28, 2017Assignee: Chicago Mercantile Exchange Inc.Inventors: David Salvadori, John Falck, Charlie Troxel, Jr., James Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, Scott Johnston
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Patent number: 8751361Abstract: Systems and methods are provided for executing a hedge transaction in connection with the execution of a derivative product order in which the price of the derivative product is defined by one or more variables. The hedge transaction may be executed at an exchange or match engine that is different from the exchange or match engine executing the derivative product order. The execution of derivative product transaction may be contingent on the existence of an appropriate hedge transaction. Alternatively, a best efforts approach may be used to fill the hedge transaction order after executing the derivative product transaction.Type: GrantFiled: May 3, 2013Date of Patent: June 10, 2014Assignee: Chicago Mercantile Exchange Inc.Inventors: James W. Farrell, Agnes Shanthi Thiruthuvadoss, Scott Johnston, John Falck, Charlie Troxel, Jr., Arjuna Ariathurai, David Salvadori
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Patent number: 8738508Abstract: Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade.Type: GrantFiled: January 9, 2013Date of Patent: May 27, 2014Assignee: Chicago Mercantile Exchange Inc.Inventors: Scott Johnston, John Falck, Charlie Troxel, Jr., James W. Farrell, Arjuna Ariathurai, Agnes Shanthi Thiruthuvadoss, David Salvadori
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Patent number: 8738511Abstract: Systems and methods are provided for executing a hedge transaction in connection with the execution of a derivative product order in which the price of the derivative product is defined by one or more variables. The hedge transaction may be executed at an exchange or match engine that is different from the exchange or match engine executing the derivative product order. The execution of derivative product transaction may be contingent on the existence of an appropriate hedge transaction. Alternatively, a best efforts approach may be used to fill the hedge transaction order after executing the derivative product transaction.Type: GrantFiled: September 3, 2013Date of Patent: May 27, 2014Assignee: Chicago Mercantile Exchange Inc.Inventors: Scott Johnston, John Falck, Charlie Troxel, Jr., James W. Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, David Salvadori
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Publication number: 20140129414Abstract: Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade.Type: ApplicationFiled: January 13, 2014Publication date: May 8, 2014Applicant: Chicago Mercantile Exchange Inc.Inventors: David Salvadori, John Falck, Charlie Troxel, JR., James Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, Scott Johnston
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Patent number: 8688567Abstract: Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade.Type: GrantFiled: October 25, 2012Date of Patent: April 1, 2014Assignee: Chicago Mercantile Exchange Inc.Inventors: David Salvadori, John Falck, Charlie Troxel, Jr., James Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, Scott Johnston
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Patent number: 8630941Abstract: Systems and methods are provided for executing a hedge transaction in connection with the execution of a derivative product order in which the price of the derivative product is defined by one or more variables. The hedge transaction may be executed at an exchange or match engine that is different from the exchange or match engine executing the derivative product order. The execution of derivative product transaction may be contingent on the existence of an appropriate hedge transaction. Alternatively, a best efforts approach may be used to fill the hedge transaction order after executing the derivative product transaction.Type: GrantFiled: January 7, 2013Date of Patent: January 14, 2014Assignee: Chicago Mercantile Exchange, Inc.Inventors: Scott Johnston, John Falck, Charlie Troxel, Jr., James W. Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, David Salvadori
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Publication number: 20140006250Abstract: Systems and methods are provided for executing a hedge transaction in connection with the execution of a derivative product order in which the price of the derivative product is defined by one or more variables. The hedge transaction may be executed at an exchange or match engine that is different from the exchange or match engine executing the derivative product order. The execution of derivative product transaction may be contingent on the existence of an appropriate hedge transaction. Alternatively, a best efforts approach may be used to fill the hedge transaction order after executing the derivative product transaction.Type: ApplicationFiled: September 3, 2013Publication date: January 2, 2014Applicant: Chicago Mercantile Exchange, Inc.Inventors: Scott Johnston, John Falck, Charlie Troxel, JR., James W. Farrell, Agnes Shanthi Thiruthuvadoss, Arjuna Ariathurai, David Salvadori
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Publication number: 20130246247Abstract: Systems and methods are provided for executing a hedge transaction in connection with the execution of a derivative product order in which the price of the derivative product is defined by one or more variables. The hedge transaction may be executed at an exchange or match engine that is different from the exchange or match engine executing the derivative product order. The execution of derivative product transaction may be contingent on the existence of an appropriate hedge transaction. Alternatively, a best efforts approach may be used to fill the hedge transaction order after executing the derivative product transaction.Type: ApplicationFiled: May 3, 2013Publication date: September 19, 2013Applicant: CHICAGO MERCANTILE EXCHANGE, INC.Inventors: James W. Farrell, Agnes Shanthi Thiruthuvadoss, Scott Johnston, John Falck, Charlie Troxel, JR., Arjuna Ariathurai, David Salvadori
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Patent number: 8447683Abstract: Systems and methods are provided for executing a hedge transaction in connection with the execution of a derivative product order in which the price of the derivative product is defined by one or more variables. The hedge transaction may be executed at an exchange or match engine that is different from the exchange or match engine executing the derivative product order. The execution of derivative product transaction may be contingent on the existence of an appropriate hedge transaction. Alternatively, a best efforts approach may be used to fill the hedge transaction order after executing the derivative product transaction.Type: GrantFiled: June 1, 2012Date of Patent: May 21, 2013Assignee: Chicago Mercantile Exchange, Inc.Inventors: James W Farrell, Agnes Shanti Thiruthuvadoss, Scott Johnston, John Falck, Charlie Troxel, Jr., Arjuna Ariathurai, David Salvadori