Patents by Inventor Giuseppe Scimeca

Giuseppe Scimeca 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: 20230072217
    Abstract: An electronic trading system utilizes a Match Engine that receives orders, stores them internally, calculates tradable combinations and advertises the availability of real and implied orders in the form of market data. New tradable items defined as combinations of other tradable items may be included in the calculation of tradable combinations. A technique is disclosed for suppression of the calculation and/or subsequent listing of an implied order when the order is either undesired or unnecessary in the market therefore.
    Type: Application
    Filed: November 14, 2022
    Publication date: March 9, 2023
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Brian M. Wolf, John F. Curran, James W. Farrell, Paul J. Callaway, Barry Galster, Andrew Milne, Giuseppe Scimeca, Pearce Peck-Walden, James Wilcox
  • Patent number: 11526939
    Abstract: An electronic trading system utilizes a Match Engine that receives orders, stores them internally, calculates tradable combinations and advertises the availability of real and implied orders in the form of market data. New tradable items defined as combinations of other tradable items may be included in the calculation of tradable combinations. A technique is disclosed for suppression of the calculation and/or subsequent listing of an implied order when the order is either undesired or unnecessary in the market therefore.
    Type: Grant
    Filed: January 7, 2019
    Date of Patent: December 13, 2022
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Brian M. Wolf, John F. Curran, James W. Farrell, Paul J. Callaway, Barry Galster, Andrew Milne, Giuseppe Scimeca, Pearce Peck-Walden, James Wilcox
  • Publication number: 20220188931
    Abstract: Systems and methods are provided for scoring the use of financial market messages. Uses of messages that are efficient and/or improve market liquidity receive positive scores. Traders are charge fees or receive rewards that are dependent upon message quality scores.
    Type: Application
    Filed: March 7, 2022
    Publication date: June 16, 2022
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ari Studnitzer, Nathan Ball, Wayne G. Arner, II, Giuseppe Scimeca, John Scheerer, Christopher Reithel, Jacob Doornebos, Brian Wolf
  • Patent number: 11301935
    Abstract: Systems and methods are provided for scoring the use of financial market messages. Uses of messages that are efficient and/or improve market liquidity receive positive scores. Traders are charge fees or receive rewards that are dependent upon message quality scores.
    Type: Grant
    Filed: June 30, 2020
    Date of Patent: April 12, 2022
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ari Studnitzer, Nathan Ball, Wayne G. Arner, II, Giuseppe Scimeca, John Scheerer, Christopher Reithel, Jacob Doornebos, Brian Wolf
  • Publication number: 20200327614
    Abstract: Systems and methods are provided for scoring the use of financial market messages. Uses of messages that are efficient and/or improve market liquidity receive positive scores. Traders are charge fees or receive rewards that are dependent upon message quality scores.
    Type: Application
    Filed: June 30, 2020
    Publication date: October 15, 2020
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ari Studnitzer, Nathan Ball, Wayne G. Arner, II, Giuseppe Scimeca, John Scheerer, Christopher Reithel, Jacob Doornebos, Brian Wolf
  • Patent number: 10733669
    Abstract: Systems and methods are provided for scoring the use of financial market messages. Uses of messages that are efficient and/or improve market liquidity receive positive scores. Traders are charge fees or receive rewards that are dependent upon message quality scores.
    Type: Grant
    Filed: August 2, 2012
    Date of Patent: August 4, 2020
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ari Studnitzer, Nathan Ball, Wayne G. Arner, II, Giuseppe Scimeca, John Scheerer, Christopher Reithel, Jacob Doornebos, Brian Wolf
  • Publication number: 20190139140
    Abstract: An electronic trading system utilizes a Match Engine that receives orders, stores them internally, calculates tradable combinations and advertises the availability of real and implied orders in the form of market data. New tradable items defined as combinations of other tradable items may be included in the calculation of tradable combinations. A technique is disclosed for suppression of the calculation and/or subsequent listing of an implied order when the order is either undesired or unnecessary in the market therefore.
    Type: Application
    Filed: January 7, 2019
    Publication date: May 9, 2019
    Inventors: Brian M. Wolf, John F. Curran, James W. Farrell, Paul J. Callaway, Barry Galster, Andrew Milne, Giuseppe Scimeca, Pearce Peck-Walden, James Wilcox
  • Patent number: 10204377
    Abstract: An electronic trading system utilizes a Match Engine that receives orders, stores them internally, calculates tradable combinations and advertises the availability of real and implied orders in the form of market data. New tradable items defined as combinations of other tradable items may be included in the calculation of tradable combinations. A technique is disclosed for suppression of the calculation and/or subsequent listing of an implied order when the order is either undesired or unnecessary in the market therefore.
    Type: Grant
    Filed: June 27, 2012
    Date of Patent: February 12, 2019
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Brian M. Wolf, John F. Curran, James W. Farrell, Paul J. Callaway, Barry L. Galster, Andrew Milne, Giuseppe Scimeca, Pearce Peck-Walden, James Wilcox
  • Publication number: 20140040062
    Abstract: Systems and methods are provided for scoring the use of financial market messages. Uses of messages that are efficient and/or improve market liquidity receive positive scores. Traders are charge fees or receive rewards that are dependent upon message quality scores.
    Type: Application
    Filed: August 2, 2012
    Publication date: February 6, 2014
    Applicant: CHICAGO MERCANTILE EXCHANGE INC.
    Inventors: Ari Studnitzer, Nathan Ball, Wayne G. Arner, II, Giuseppe Scimeca, John Scheerer, Christopher Reithel, Jacob Doornebos, Brian Wolf
  • Publication number: 20140025559
    Abstract: Methods, systems and apparatuses are described for determining that a credit event has occurred for an entity; determining an upfront price and a bond price for a credit default swap deliverable (CDSD) contract associated with the entity; determining a first weighting for the upfront price and a second weighting for the bond price; and calculating a settlement price for the CDSD contract that is a function of the first weighting, the second weighting, the upfront price, and the bond price.
    Type: Application
    Filed: September 24, 2013
    Publication date: January 23, 2014
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Kevin Fallon, Nicholas Bellios, Ketan Patel, Giuseppe Scimeca
  • Publication number: 20130041801
    Abstract: An electronic trading system utilizes a Match Engine that receives orders, stores them internally, calculates tradable combinations and advertises the availability of real and implied orders in the form of market data. New tradable items defined as combinations of other tradable items may be included in the calculation of tradable combinations. A technique is disclosed for suppression of the calculation and/or subsequent listing of an implied order when the order is either undesired or unnecessary in the market therefore.
    Type: Application
    Filed: June 27, 2012
    Publication date: February 14, 2013
    Inventors: Brian M. Wolf, John F. Curran, James W. Farrell, Paul J. Callaway, Barry L. Galster, Andrew Milne, Giuseppe Scimeca, Pearce Peck-Walden, James Wilcox