Patents by Inventor David C. Cushing

David C. Cushing 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: 20140358761
    Abstract: A computer implemented method and system for executing block trades for a security includes steps or devices for receiving a block trade request, at a computer system. The block request includes data representing a quantity of shares of the security to be traded over a period of time. The computer system divides the period of time into a plurality of time bins. A computer system, for the received block trade request, computes, for each time bin, a number of shares to be traded as a trading target based on at least historical trading volumes using predictive analysis. For a first time bin, a computer system generates executable trade orders for a number of shares to be traded that is substantially equal to the trading target for the first time bin. A computer system executes at least a portion of the executable trade orders in a trade forum within each time bin in the future.
    Type: Application
    Filed: June 9, 2014
    Publication date: December 4, 2014
    Applicant: ITG SOFTWARE SOLUTIONS, INC.
    Inventors: David C. CUSHING, M. Mitch BULAJIC, Rohit D'SOUZA, Kenneth KRAMER
  • Patent number: 8751363
    Abstract: A computer implemented method and system for executing block trades for a security includes steps or devices for receiving a block trade request, at a computer system. The block request includes data representing a quantity of shares of the security to be traded over a period of time. The computer system divides the period of time into a plurality of time bins. A computer system, for the received block trade request, computes, for each time bin, a number of shares to be traded as a trading target based on at least historical trading volumes using predictive analysis. For a first time bin, a computer system generates executable trade orders for a number of shares to be traded that is substantially equal to the trading target for the first time bin. A computer system executes at least a portion of the executable trade orders in a trade forum within each time bin in the future.
    Type: Grant
    Filed: July 18, 2011
    Date of Patent: June 10, 2014
    Assignee: ITG Software Solutions, Inc.
    Inventors: David C Cushing, M. Mitch Bulajic, Rohit D'Souza, Kenneth Kramer
  • Publication number: 20110276459
    Abstract: A computer implemented method and system for executing block trades for a security includes steps or devices for receiving a block trade request, at a computer system. The block request includes data representing a quantity of shares of the security to be traded over a period of time. The computer system divides the period of time into a plurality of time bins. A computer system, for the received block trade request, computes, for each time bin, a number of shares to be traded as a trading target based on at least historical trading volumes using predictive analysis. For a first time bin, a computer system generates executable trade orders for a number of shares to be traded that is substantially equal to the trading target for the first time bin. A computer system executes at least a portion of the executable trade orders in a trade forum within each time bin in the future.
    Type: Application
    Filed: July 18, 2011
    Publication date: November 10, 2011
    Applicant: ITG SOFTWARE SOLUTIONS, INC.
    Inventors: David C. CUSHING, M. Mitch Bulajic, Rohit D'Souza, Kenneth Kramer
  • Patent number: 7983982
    Abstract: A computer implemented method and system for executing block trades for a security includes steps or devices for receiving a block trade request, at a computer system. The block request includes data representing a quantity of shares of the security to be traded over a period of time. The computer system divides the period of time into a plurality of time bins. A computer system, for the received block trade request, computes, for each time bin, a number of shares to be traded as a trading target based on at least historical trading volumes using predictive analysis. For a first time bin, a computer system generates executable trade orders for a number of shares to be traded that is substantially equal to the trading target for the first time bin. A computer system executes at least a portion of the executable trade orders in a trade forum within each time bin in the future.
    Type: Grant
    Filed: November 2, 2009
    Date of Patent: July 19, 2011
    Assignee: ITG Software Solutions, Inc.
    Inventors: David C Cushing, M. Mitch Bulajic, Rohit D'Souza, Kenneth Kramer
  • Publication number: 20100121754
    Abstract: A computer implemented method and system for executing block trades for a security includes steps or devices for receiving a block trade request, at a computer system. The block request includes data representing a quantity of shares of the security to be traded over a period of time. The computer system divides the period of time into a plurality of time bins. A computer system, for the received block trade request, computes, for each time bin, a number of shares to be traded as a trading target based on at least historical trading volumes using predictive analysis. For a first time bin, a computer system generates executable trade orders for a number of shares to be traded that is substantially equal to the trading target for the first time bin. A computer system executes at least a portion of the executable trade orders in a trade forum within each time bin in the future.
    Type: Application
    Filed: November 2, 2009
    Publication date: May 13, 2010
    Applicant: ITG SOFTWARE SOLUTIONS, INC.
    Inventors: David C. CUSHING, M. Mitch BULAJIC, Rohit D'SOUZA, Kenneth KRAMER
  • Patent number: 7613647
    Abstract: The present invention provides a system for executing trades of securities according to predefined trading strategies comprising a network having a plurality of servers. Each server is programmed with a specific trading strategy algorithm and receives trade orders and executes them according to the trading strategy algorithm programmed therein. The servers are connected to a plurality of clients over a communication network, and clients enter trade orders through the communication network to the server associated with the trading strategy the client desires to use to complete its trade order. The present invention also provides a method for executing a trade order for a security. The method comprises the steps of providing a server connected to a communication network with the server being programmed with a specific trading strategy algorithm. Trade orders received at the server over the network from clients are executed in the server according to the specific trading strategy algorithm.
    Type: Grant
    Filed: October 31, 2000
    Date of Patent: November 3, 2009
    Assignee: ITG Software Solutions, Inc.
    Inventors: David C. Cushing, M. Mitch Bulajic, Rohit D'Souza, Kenneth Kramer