Patents by Inventor Fred Monroe
Fred Monroe 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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Publication number: 20220383414Abstract: A trading system is described herein for hosting a collection of one or more electronic exchanges. The collection of electronic exchanges may be made up of separately designated exchanges under one or more authorizing and regulating bodies. The trading system receives from traders bids to purchase and offers to sell a tradeable object listed at one of the electronic exchanges. Then, the trading system directs the bids and offers to the appropriate exchange where the bids and offers may be automatically matched in the corresponding market. The trading system may also be used to take actions in one or more markets that are internal and external to the trading system on behalf of a trader using preprogrammed trading instructions.Type: ApplicationFiled: August 10, 2022Publication date: December 1, 2022Inventors: Michael J. Burns, Fred Monroe
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Patent number: 11449933Abstract: A trading system is described herein for hosting a collection of one or more electronic exchanges. The collection of electronic exchanges may be made up of separately designated exchanges under one or more authorizing and regulating bodies. The trading system receives from traders bids to purchase and offers to sell a tradeable object listed at one of the electronic exchanges. Then, the trading system directs the bids and offers to the appropriate exchange where the bids and offers may be automatically matched in the corresponding market. The trading system may also be used to take actions in one or more markets that are internal and external to the trading system on behalf of a trader using preprogrammed trading instructions.Type: GrantFiled: December 18, 2013Date of Patent: September 20, 2022Assignee: TRADING TECHNOLOGIES INTERNATIONAL, INC.Inventors: Michael J. Burns, Fred Monroe
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Publication number: 20210103985Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradeable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.Type: ApplicationFiled: December 15, 2020Publication date: April 8, 2021Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Fred Monroe, Scott F. Singer, Michael J. Burns, Harris C. Brumfield, David Babulak
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Patent number: 10902518Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradeable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.Type: GrantFiled: May 22, 2020Date of Patent: January 26, 2021Assignee: PABLO, LLCInventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Fred Monroe, Scott F. Singer, Michael J. Burns, Harris C. Brumfield, David Babulak
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Publication number: 20200286176Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradeable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.Type: ApplicationFiled: May 22, 2020Publication date: September 10, 2020Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Fred Monroe, Scott F. Singer, Michael J. Burns, Harris C. Brumfield, David Babulak
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Patent number: 10699341Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.Type: GrantFiled: September 6, 2019Date of Patent: June 30, 2020Assignee: Trading Technologies International, Inc.Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Michael J. Burns, Scott F. Singer, Fred Monroe, David Babulak, Harris C. Brumfield
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Publication number: 20190392525Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.Type: ApplicationFiled: September 6, 2019Publication date: December 26, 2019Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Michael J. Burns, Scott F. Singer, Fred Monroe, David Babulak, Harris C. Brumfield
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Patent number: 10453138Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradeable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.Type: GrantFiled: April 6, 2018Date of Patent: October 22, 2019Assignee: PABLO, LLCInventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Michael J. Burns, Scott F. Singer, Fred Monroe, David Babulak, Harris C. Brumfield
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Publication number: 20180225762Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradeable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.Type: ApplicationFiled: April 6, 2018Publication date: August 9, 2018Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Michael J. Burns, Scott F. Singer, Fred Monroe, David Babulak, Harris C. Brumfield
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Patent number: 9972049Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradeable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.Type: GrantFiled: May 22, 2014Date of Patent: May 15, 2018Assignee: Trading Technologies International, Inc.Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Michael J. Burns, Scott F. Singer, Fred Monroe, David Babulak, Harris C. Brumfield
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Publication number: 20150046311Abstract: Market depth information pertaining to the hedging side is utilized to intelligently break a non-hedging order into multiple orders, such that the orders rest at cascading price levels. This way, the trader can benefit from sweeps in the book and still properly account for the market depth on the hedging side. Further, there is a greater probability of receiving “partials” on the spread order. In addition, hedge orders may be sent at multiple price levels, or sent to the market in pieces over time. By applying a more intelligent process to hedge orders (as opposed to “fire and forget”) an alternative beyond limit orders that can be legged or market orders is provided.Type: ApplicationFiled: June 21, 2014Publication date: February 12, 2015Inventors: Fred Monroe, Michael J. Burns, Scott F. Singer
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Publication number: 20140258077Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.Type: ApplicationFiled: May 22, 2014Publication date: September 11, 2014Applicant: PABLO, LLCInventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Michael J. Burns, Scott F. Singer, Fred Monroe, David Babulak, Harris C. Brumfield
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Publication number: 20140236805Abstract: A system and method for fee-based order priority level modification in an electronic trading environment are described. When an order reaches an exchange, a priority level of the order may be changed to a higher priority level, and the priority level of the order initially at the higher priority level may be changed to a lower priority level of the received order. In one embodiment, a trader who is gaining a higher priority level will be preferably charged a fee for having his order moved to the higher priority level, and at least a portion of that fee may be paid to a trader who is giving up his high priority level.Type: ApplicationFiled: April 29, 2014Publication date: August 21, 2014Applicant: Trading Technologies International, Inc.Inventor: Fred Monroe
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Patent number: 8799144Abstract: Market depth information pertaining to the hedging side is utilized to intelligently break a non-hedging order into multiple orders, such that the orders rest at cascading price levels. This way, the trader can benefit from sweeps in the book and still properly account for the market depth on the hedging side. Further, there is a greater probability of receiving “partials” on the spread order. In addition, hedge orders may be sent at multiple price levels, or sent to the market in pieces over time. By applying a more intelligent process to hedge orders (as opposed to “fire and forget”) an alternative beyond limit orders that can be legged or market orders is provided.Type: GrantFiled: April 1, 2013Date of Patent: August 5, 2014Assignee: Trading Technologies International, Inc.Inventors: Fred Monroe, Michael J. Burns, Scott F. Singer
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Patent number: 8768806Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradeable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.Type: GrantFiled: March 9, 2012Date of Patent: July 1, 2014Assignee: Pablo, LLCInventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Mike Burns, Scott Singer, Fred Monroe, David Babulak, Harris Brumfield
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Publication number: 20140172673Abstract: A trading system is described herein for hosting a collection of one or more electronic exchanges. The collection of electronic exchanges may be made up of separately designated exchanges under one or more authorizing and regulating bodies. The trading system receives from traders bids to purchase and offers to sell a tradeable object listed at one of the electronic exchanges. Then, the trading system directs the bids and offers to the appropriate exchange where the bids and offers may be automatically matched in the corresponding market. The trading system may also be used to take actions in one or more markets that are internal and external to the trading system on behalf of a trader using preprogrammed trading instructions.Type: ApplicationFiled: December 18, 2013Publication date: June 19, 2014Applicant: Trading Technologies International, Inc.Inventors: Michael J. Burns, Fred Monroe
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Patent number: 8751369Abstract: A system and method for fee-based order priority level modification in an electronic trading environment are described. When an order reaches an exchange, a priority level of the order may be changed to a higher priority level, and the priority level of the order initially at the higher priority level may be changed to a lower priority level of the received order. In one embodiment, a trader who is gaining a higher priority level will be preferably charged a fee for having his order moved to the higher priority level, and at least a portion of that fee may be paid to a trader who is giving up his high priority level.Type: GrantFiled: July 29, 2013Date of Patent: June 10, 2014Assignee: Trading Technologies International, Inc.Inventor: Fred Monroe
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Publication number: 20140095374Abstract: A system and method for trading order priority levels in an electronic trading environment are described. In one embodiment, a trader who is willing to have his order moved from a high priority level to a lower priority level in an order queue may advertise his willingness to do so, and other traders can place bids for the high priority level. In such an embodiment, for example, a bidder who places the highest bid or whose bid is received first may get the high priority level in the order queue in exchange for the paid fee.Type: ApplicationFiled: October 3, 2013Publication date: April 3, 2014Applicant: TRADING TECHNOLOGIES INTERNATIONAL INC.Inventor: Fred Monroe
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Patent number: 8639612Abstract: A trading system is described herein for hosting a collection of one or more electronic exchanges. The collection of electronic exchanges may be made up of separately designated exchanges under one or more authorizing and regulating bodies. The trading system receives from traders bids to purchase and offers to sell a tradeable object listed at one of the electronic exchanges. Then, the trading system directs the bids and offers to the appropriate exchange where the bids and offers may be automatically matched in the corresponding market. The trading system may also be used to take actions in one or more markets that are internal and external to the trading system on behalf of a trader using preprogrammed trading instructions.Type: GrantFiled: March 13, 2013Date of Patent: January 28, 2014Assignee: Trading Technologies International, IncInventors: Michael J. Burns, Fred Monroe
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Publication number: 20130317970Abstract: A system and method for fee-based order priority level modification in an electronic trading environment are described. When an order reaches an exchange, a priority level of the order may be changed to a higher priority level, and the priority level of the order initially at the higher priority level may be changed to a lower priority level of the received order. In one embodiment, a trader who is gaining a higher priority level will be preferably charged a fee for having his order moved to the higher priority level, and at least a portion of that fee may be paid to a trader who is giving up his high priority level.Type: ApplicationFiled: July 29, 2013Publication date: November 28, 2013Applicant: Trading Technologies International, Inc.Inventor: Fred Monroe