Patents by Inventor Harris Brumfield

Harris Brumfield 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: 20100030684
    Abstract: A method and system for reducing the time it takes for a trader to place a trade when electronically trading on an exchange, thus increasing the likelihood that the trader will have orders filled at desirable prices and quantities. The “Mercury” display and trading method of the present invention ensure fast and accurate execution of trades by displaying market depth on a vertical or horizontal plane, which fluctuates logically up or down, left or right across the plane as the market prices fluctuate. This allows the trader to trade quickly and efficiently. The price consolidation feature of the present invention, as described herein, enables a trader to consolidate a number of prices in order to condense the display. Such action allows a trader to view a greater range of prices and a greater number of orders in the market at any given time.
    Type: Application
    Filed: October 8, 2009
    Publication date: February 4, 2010
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Gary Allan Kemp, II, Harris Brumfield
  • Patent number: 7606748
    Abstract: Information regarding the current state in the market is used to prevent orders from crossing. In an example provided herein, when an order is entered into a market, information regarding current positions in the market is taken into account to determine whether the order will cross with other orders. If the orders would cross, appropriate action is taken to prevent the crossing of orders in a way suitable for the person or persons trading. The teachings described herein may be used for any reason to prevent orders from crossing. Moreover, they may be used in other areas of trading to assist the trader in obeying any other rule or regulation that might involve analyzing current positions in the market before taking action.
    Type: Grant
    Filed: September 12, 2002
    Date of Patent: October 20, 2009
    Assignee: Trading Technologies International, Inc.
    Inventors: Harris Brumfield, Farley Owens
  • Patent number: 7567929
    Abstract: A method and system for reducing the time it takes for a trader to place a trade when electronically trading on an exchange, thus increasing the likelihood that the trader will have orders filled at desirable prices and quantities. The “Mercury” display and trading method of the present invention ensure fast and accurate execution of trades by displaying market depth on a vertical or horizontal plane, which fluctuates logically up or down, left or right across the plane as the market prices fluctuate. This allows the trader to trade quickly and efficiently. The price consolidation feature of the present invention, as described herein, enables a trader to consolidate a number of prices in order to condense the display. Such action allows a trader to view a greater range of prices and a greater number of orders in the market at any given time.
    Type: Grant
    Filed: May 2, 2006
    Date of Patent: July 28, 2009
    Assignee: Trading Technologies International, Inc.
    Inventors: Gary Allan Kemp, II, Harris Brumfield
  • Patent number: 7562038
    Abstract: A method for repositioning information related to a plurality of commodities on a graphical user interface is provided. The method includes receiving market information relating to a first commodity and a second commodity. The market information includes a number of items of interest, each of which may be associated with a price. A first information display region associated with the first commodity and including a number of locations arranged such that each location corresponds to a price level along at least a portion of a first static price axis is displayed at a first time. A second similar information display region associated with the second commodity is also displayed at that time. Indicators associated with items of interest related to the first commodity and the second commodity are displayed in the first information display region and the second information display region, respectively. The method includes receiving a command to reposition one of the information display regions.
    Type: Grant
    Filed: March 31, 2003
    Date of Patent: July 14, 2009
    Assignee: Trading Technologies International, Inc.
    Inventors: Harris Brumfield, Robert A. West
  • Patent number: 7552073
    Abstract: Information regarding the current state in the market is used to prevent orders from crossing. In an example provided herein, when an order is entered into a market, information regarding current positions in the market is taken into account to determine whether the order will cross with other orders. If the orders would cross, appropriate action is taken to prevent the crossing of orders in a way suitable for the person or persons trading. The teachings described herein may be used for any reason to prevent orders from crossing. Moreover, they may be used in other areas of trading to assist the trader in obeying any other rule or regulation that might involve analyzing current positions in the market before taking action.
    Type: Grant
    Filed: May 2, 2006
    Date of Patent: June 23, 2009
    Assignee: Trading Technologies International, Inc.
    Inventors: Harris Brumfield, Farley Owens
  • Patent number: 7509276
    Abstract: A method for repositioning information related to a plurality of commodities on a graphical user interface is provided. The method includes receiving market information relating to a first commodity and a second commodity. The market information includes a number of items of interest, each of which may be associated with a price. A first information display region associated with the first commodity and including a number of locations arranged such that each location corresponds to a price level along at least a portion of a first static price axis is displayed at a first time. A second similar information display region associated with the second commodity is also displayed at that time. Indicators associated with items of interest related to the first commodity and the second commodity are displayed in the first information display region and the second information display region, respectively. The method includes receiving a command to reposition one of the information display regions.
    Type: Grant
    Filed: May 3, 2006
    Date of Patent: March 24, 2009
    Assignee: Trading Technologies International, Inc.
    Inventors: Harris Brumfield, Robert A. West
  • Publication number: 20090006244
    Abstract: 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: Application
    Filed: June 30, 2008
    Publication date: January 1, 2009
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Mike Burns, Scott Singer, Fred Monroe, David Babulak, Harris Brumfield
  • Patent number: 7447655
    Abstract: A system and methods for automatic scalping in an electronic trading environment are presented. According to one embodiment, a trading application may display an indicator associated with a price level based on which a tradable object can be automatically traded. When a scalping application detects a fill associated with a first order, the scalping application may automatically enter a second order to offset a position created with the first order. According to one embodiment, the second order is automatically placed on the market when the inside market moves to a predetermined price level in relation to the displayed indicator.
    Type: Grant
    Filed: March 31, 2003
    Date of Patent: November 4, 2008
    Assignee: Trading Technologies International, Inc.
    Inventors: Harris Brumfield, Joan Ebersole, Assaf Pazner
  • Patent number: 7437325
    Abstract: 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: Grant
    Filed: May 3, 2002
    Date of Patent: October 14, 2008
    Assignee: Pablo LLC
    Inventors: Gary Allen Kemp, II, Jens-Uwe Schluetter, Michael Burns, Scott Singer, Fred Monroe, David Babulak, Harris Brumfield
  • Patent number: 7424450
    Abstract: 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: Grant
    Filed: May 3, 2006
    Date of Patent: September 9, 2008
    Assignee: Pablo LLC.
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Mike Burns, Scott Singer, Fred Monroe, David Babulak, Harris Brumfield
  • Patent number: 7389264
    Abstract: 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: Grant
    Filed: May 3, 2006
    Date of Patent: June 17, 2008
    Assignee: Trading Technologies, Inc.
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Mike Burns, Scott Singer, Fred Monroe, David Babulak, Harris Brumfield
  • Patent number: 7389268
    Abstract: Tools for trading and monitoring a commodity on an electronic exchange using a graphical user interface and a user input device. The tools will aid the trader in determining the status, trends in the market, and the trader's position in the market. Included is a system and method for displaying an indicator representing market information for a commodity in a display region of a graphical user interface. The system and method further includes linking a software application configured for computing a specific price to a second display region of the graphical user interface, and displaying a second indicator in a second display region of the graphical user interface. The second indicator moves relative to the price axis when the specific price changes.
    Type: Grant
    Filed: April 19, 2002
    Date of Patent: June 17, 2008
    Assignee: Trading Technologies International, Inc.
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Harris Brumfield, Michael Burns, Scott Singer
  • Publication number: 20070038555
    Abstract: A method and system for reducing the time it takes for a trader to place a trade when electronically trading on an exchange, thus increasing the likelihood that the trader will have orders filled at desirable prices and quantities. The “Mercury” display and trading method of the present invention ensure fast and accurate execution of trades by displaying market depth on a vertical or horizontal plane, which fluctuates logically up or down, left or right across the plane as the market prices fluctuates. This allows the trader to trade quickly and efficiently.
    Type: Application
    Filed: October 25, 2006
    Publication date: February 15, 2007
    Inventors: Gary Kemp, Jens-Uwe Schluetter, Harris Brumfield
  • Publication number: 20070038556
    Abstract: A method and system for reducing the time it takes for a trader to place a trade when electronically trading on an exchange, thus increasing the likelihood that the trader will have orders filled at desirable prices and quantities. The “Mercury” display and trading method of the present invention ensure fast and accurate execution of trades by displaying market depth on a vertical or horizontal plane, which fluctuates logically up or down, left or right across the plane as the market prices fluctuates. This allows the trader to trade quickly and efficiently.
    Type: Application
    Filed: October 25, 2006
    Publication date: February 15, 2007
    Inventors: Gary Kemp, Jens-Uwe Schluetter, Harris Brumfield
  • Publication number: 20070038557
    Abstract: A method and system for reducing the time it takes for a trader to place a trade when electronically trading on an exchange, thus increasing the likelihood that the trader will have orders filled at desirable prices and quantities. The “Mercury” display and trading method of the present invention ensure fast and accurate execution of trades by displaying market depth on a vertical or horizontal plane, which fluctuates logically up or down, left or right across the plane as the market prices fluctuates. This allows the trader to trade quickly and efficiently.
    Type: Application
    Filed: October 25, 2006
    Publication date: February 15, 2007
    Inventors: Gary Kemp, Jens-Uwe Schluetter, Harris Brumfield
  • Publication number: 20070038554
    Abstract: A method and system for reducing the time it takes for a trader to place a trade when electronically trading on an exchange, thus increasing the likelihood that the trader will have orders filled at desirable prices and quantities. The “Mercury” display and trading method of the present invention ensure fast and accurate execution of trades by displaying market depth on a vertical or horizontal plane, which fluctuates logically up or down, left or right across the plane as the market prices fluctuates. This allows the trader to trade quickly and efficiently.
    Type: Application
    Filed: October 25, 2006
    Publication date: February 15, 2007
    Inventors: Gary Kemp, Jens-Uwe Schluetter, Harris Brumfield
  • Publication number: 20060271475
    Abstract: A method for repositioning information related to a plurality of commodities on a graphical user interface is provided. The method includes receiving market information relating to a first commodity and a second commodity. The market information includes a number of items of interest, each of which may be associated with a price. A first information display region associated with the first commodity and including a number of locations arranged such that each location corresponds to a price level along at least a portion of a first static price axis is displayed at a first time. A second similar information display region associated with the second commodity is also displayed at that time. Indicators associated with items of interest related to the first commodity and the second commodity are displayed in the first information display region and the second information display region, respectively. The method includes receiving a command to reposition one of the information display regions.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 30, 2006
    Inventors: Harris Brumfield, Robert West
  • Publication number: 20060265321
    Abstract: A system and method for trading and displaying market information along a static axis are described to ensure fast and accurate execution of trades. The static axis, whether is a straight axis or a curved one, can be oriented in any direction. Regardless of how the axis is oriented, a first region may display price levels that are arranged along the static axis. A second region, which overlaps the first region, may display one or more indicators for highlighting one of the price levels associated with the lowest offer and one of the price levels associated with the highest bid. Moreover, a third region, which overlaps the first region, may be included for initiating placement of an order to buy or an order to sell the tradeable object through an action of a user input device. Other overlapping regions may also be displayed so that additional market information may be viewed by a trader.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 23, 2006
    Inventors: Harris Brumfield, Steven Borsand, Mark Triplett
  • Publication number: 20060265304
    Abstract: A method for repositioning information related to a plurality of commodities on a graphical user interface is provided. The method includes receiving market information relating to a first commodity and a second commodity. The market information includes a number of items of interest, each of which may be associated with a price. A first information display region associated with the first commodity and including a number of locations arranged such that each location corresponds to a price level along at least a portion of a first static price axis is displayed at a first time. A second similar information display region associated with the second commodity is also displayed at that time. Indicators associated with items of interest related to the first commodity and the second commodity are displayed in the first information display region and the second information display region, respectively. The method includes receiving a command to reposition one of the information display regions.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 23, 2006
    Inventors: Harris Brumfield, Robert West
  • Publication number: 20060265303
    Abstract: Tools for trading and monitoring a commodity on an electronic exchange using a graphical user interface and a user input device. The tools will aid the trader in determining the status, trends in the market, and the trader's position in the market.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 23, 2006
    Inventors: Gary Kemp, Jens-Uwe Schluetter, Harris Brumfield, Michael Burns