Patents by Inventor Daniel R. Hustad

Daniel R. Hustad 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: 8484125
    Abstract: A system and method of allocating rights for quoting issues on a trading facility such as an exchange is described. The method may include providing market participants such as remote market makers with a listing of issues available for remote quote streaming where the available issues are ranked according to predetermined trading parameters. A market participant requests allocations of rights to certain issues and the request is filtered according to a value associated with the ranking of the selected issues. The system includes an issue selection database having a listing of issues available for trading where each issue is ranked based on a trading parameter. An issue selection communication module communicates with the issue selection database and is configured to list available issues and rankings. An issue allocation filter receives a market participant request and compares the selected issues in that request to one or more exchange-based rules.
    Type: Grant
    Filed: June 25, 2012
    Date of Patent: July 9, 2013
    Assignee: Chicago Board Options Exchange, Incorporated
    Inventors: Daniel R. Hustad, Larry Pfaffenbach, John E. Smollen
  • Patent number: 8209255
    Abstract: A system and method of allocating rights for quoting issues on a trading facility such as an exchange is described. The method may include providing market participants such as remote market makers with a listing of issues available for remote quote streaming where the available issues are ranked according to predetermined trading parameters. A market participant requests allocations of rights to certain issues and the request is filtered according to a value associated with the ranking of the selected issues. The system includes an issue selection database having a listing of issues available for trading where each issue is ranked based on a trading parameter. An issue selection communication module communicates with the issue selection database and is configured to list available issues and rankings. An issue allocation filter receives a market participant request and compares the selected issues in that request to one or more exchange-based rules.
    Type: Grant
    Filed: July 14, 2010
    Date of Patent: June 26, 2012
    Assignee: Chicago Board Options Exchange, Incorporated
    Inventors: Daniel R. Hustad, Larry Pfaffenbach, John E. Smollen
  • Publication number: 20100287088
    Abstract: A system and method of allocating rights for quoting issues on a trading facility such as an exchange is described. The method may include providing market participants such as remote market makers with a listing of issues available for remote quote streaming where the available issues are ranked according to predetermined trading parameters. A market participant requests allocations of rights to certain issues and the request is filtered according to a value associated with the ranking of the selected issues. The system includes an issue selection database having a listing of issues available for trading where each issue is ranked based on a trading parameter. An issue selection communication module communicates with the issue selection database and is configured to list available issues and rankings. An issue allocation filter receives a market participant request and compares the selected issues in that request to one or more exchange-based rules.
    Type: Application
    Filed: July 14, 2010
    Publication date: November 11, 2010
    Inventors: Daniel R. Hustad, Larry Pfaffenbach, John E. Smollen
  • Patent number: 7809629
    Abstract: A system and method of allocating rights for quoting issues on a trading facility such as an exchange is described. The method may include providing market participants such as remote market makers with a listing of issues available for remote quote streaming where the available issues are ranked according to predetermined trading parameters. A market participant requests allocations of rights to certain issues and the request is filtered according to a value associated with the ranking of the selected issues. The system includes an issue selection database having a listing of issues available for trading where each issue is ranked based on a trading parameter. An issue selection communication module communicates with the issue selection database and is configured to list available issues and rankings. An issue allocation filter receives a market participant request and compares the selected issues in that request to one or more exchange-based rules.
    Type: Grant
    Filed: April 7, 2005
    Date of Patent: October 5, 2010
    Assignee: Chicago Board Options Exchange, Incorporated
    Inventors: Daniel R. Hustad, Larry Pfaffenbach, John E. Smollen