Patents by Inventor Christopher Gust

Christopher Gust 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).

  • System and Method for Trading Derivatives in Penny Increments While Disseminating Quotes for Derivatives in Nickel/Dime Increments
    Publication number: 20130282553
    Abstract: A system and method for trading derivatives in penny increments while disseminating quotes for derivatives in nickel/dime increments is disclosed. A trading engine receives quotes for a derivative in penny increments from at least one entity. The trading engine rounds out the quotes for the derivative in penny increments to quotes for the derivative in nickel/dime increments. The quotes in nickel/dime increments are aggregated and disseminated. The trading engine receives bids and offers to take positions in the derivative based on the aggregate quotes for the derivative in nickel/dime increments and executes trades for the derivative by matching bids and offers to buy and sell positions in the derivative.
    Type: Application
    Filed: June 14, 2013
    Publication date: October 24, 2013
    Applicant: CHICAGO BOARD OPTIONS EXCHANGE, INCORPORATED
    Inventors: Edward T. Tilly, Christopher Gust
  • System and method for trading derivatives in penny increments while disseminating quotes for derivatives in nickel/dime increments
    Patent number: 8489489
    Abstract: A system and method for trading derivatives in penny increments while disseminating quotes for derivatives in nickel/dime increments is disclosed. A trading engine receives quotes for a derivative in penny increments from at least one entity. The trading engine rounds out the quotes for the derivative in penny increments to quotes for the derivative in nickel/dime increments. The quotes in nickel/dime increments are aggregated and disseminated. The trading engine receives bids and offers to take positions in the derivative based on the aggregate quotes for the derivative in nickel/dime increments and executes trades for the derivative by matching bids and offers to buy and sell positions in the derivative.
    Type: Grant
    Filed: May 3, 2006
    Date of Patent: July 16, 2013
    Assignee: Chicago Board Options Exchange, Incorporated
    Inventors: Edward T. Tilly, Christopher Gust
  • System and method for trading derivatives in penny increments while disseminating quotes for derivatives in nickel/dime increments
    Publication number: 20060293998
    Abstract: A system and method for trading derivatives in penny increments while disseminating quotes for derivatives in nickel/dime increments is disclosed. A trading engine receives quotes for a derivative in penny increments from at least one entity. The trading engine rounds out the quotes for the derivative in penny increments to quotes for the derivative in nickel/dime increments. The quotes in nickel/dime increments are aggregated and disseminated. The trading engine receives bids and offers to take positions in the derivative based on the aggregate quotes for the derivative in nickel/dime increments and executes trades for the derivative by matching bids and offers to buy and sell positions in the derivative.
    Type: Application
    Filed: May 3, 2006
    Publication date: December 28, 2006
    Inventors: Edward Tilly, Christopher Gust