Patents by Inventor James Gazis

James Gazis 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).

  • Method and system for providing an automated auction for internalization and complex orders in a hybrid trading system
    Patent number: 10614521
    Abstract: A method of providing an automated auction for internalization for the purchase or sale of securities or derivatives in an exchange is disclosed. The method may include receiving an order at an electronic trade engine, disseminating a request for price message to at least one user in response to receiving the order, receiving a one-sided response message representative of a participant-type in response to the request for price message, selecting an allocation algorithm from a plurality of allocation algorithms, initiating the selected allocation algorithm and allocating the order according to the participant-type upon termination of the selected auction. The system may include an electronic trading engine configured to disseminate an auction message in response to an order, a database of allocation algorithms, and a trade processor for initiating an auction according the one of the allocation algorithms and terminating the auction upon defined early termination events.
    Type: Grant
    Filed: September 28, 2012
    Date of Patent: April 7, 2020
    Assignee: Cboe Exchange, Inc.
    Inventors: Edward T. Tilly, Anthony J. Carone, Stuart J. Kipnes, James Gazis, Anthony Montesano, Eileen C. Smith
  • METHOD AND SYSTEM FOR PROVIDING AN AUTOMATED AUCTION FOR INTERNALIZATION AND COMPLEX ORDERS IN A HYBRID TRADING SYSTEM
    Publication number: 20190220926
    Abstract: A method of providing an automated auction for internalization for the purchase or sale of securities or derivatives in an exchange is disclosed. The method may include receiving an order at an electronic trade engine, disseminating a request for price message to at least one user in response to receiving the order, receiving a one-sided response message representative of a participant-type in response to the request for price message, selecting an allocation algorithm from a plurality of allocation algorithms, initiating the selected allocation algorithm and allocating the order according to the participant-type upon termination of the selected auction. The system may include an electronic trading engine configured to disseminate an auction message in response to an order, a database of allocation algorithms, and a trade processor for initiating an auction according the one of the allocation algorithms and terminating the auction upon defined early termination events.
    Type: Application
    Filed: October 15, 2018
    Publication date: July 18, 2019
    Applicant: CBOE EXCHANGE, INC.
    Inventors: Edward T. Tilly, Anthony J. Carone, Stuart J. Kipnes, James Gazis, Anthony Montesano, Eileen C. Smith
  • METHOD AND SYSTEM FOR PROVIDING AN AUTOMATED AUCTION FOR INTERNALIZATION AND COMPLEX ORDERS IN A HYBRID TRADING SYSTEM
    Publication number: 20130179321
    Abstract: A method of providing an automated auction for internalization for the purchase or sale of securities or derivatives in an exchange is disclosed. The method may include receiving an order at an electronic trade engine, disseminating a request for price message to at least one user in response to receiving the order, receiving a one-sided response message representative of a participant-type in response to the request for price message, selecting an allocation algorithm from a plurality of allocation algorithms, initiating the selected allocation algorithm and allocating the order according to the participant-type upon termination of the selected auction. The system may include an electronic trading engine configured to disseminate an auction message in response to an order, a database of allocation algorithms, and a trade processor for initiating an auction according the one of the allocation algorithms and terminating the auction upon defined early termination events.
    Type: Application
    Filed: September 28, 2012
    Publication date: July 11, 2013
    Inventors: Edward T. Tilly, Anthony J. Carone, Stuart J. Kipnes, James Gazis, Anthony Montesano, Eileen C. Smith
  • Method and system for providing an automated auction for internalization and complex orders in a hybrid trading system
    Patent number: 8296218
    Abstract: A method of providing an automated auction for internalization for the purchase or sale of securities or derivatives in an exchange is disclosed. The method may include receiving an order at an electronic trade engine, disseminating a request for price message to at least one user in response to receiving the order, receiving a one-sided response message representative of a participant-type in response to the request for price message, selecting an allocation algorithm from a plurality of allocation algorithms, initiating the selected allocation algorithm and allocating the order according to the participant-type upon termination of the selected auction. The system may include an electronic trading engine configured to disseminate an auction message in response to an order, a database of allocation algorithms, and a trade processor for initiating an auction according the one of the allocation algorithms and terminating the auction upon defined early termination events.
    Type: Grant
    Filed: December 29, 2009
    Date of Patent: October 23, 2012
    Assignee: Chicago Board Options Exchange, Incorporated
    Inventors: Edward T. Tilly, Anthony J. Carone, Stuart J. Kipnes, James Gazis, Anthony Montesano, Eileen C. Smith
  • METHOD AND SYSTEM FOR PROVIDING AN AUTOMATED AUCTION FOR INTERNALIZATION AND COMPLEX ORDERS IN A HYBRID TRADING SYSTEM
    Publication number: 20100223176
    Abstract: A method of providing an automated auction for internalization for the purchase or sale of securities or derivatives in an exchange is disclosed. The method may include receiving an order at an electronic trade engine, disseminating a request for price message to at least one user in response to receiving the order, receiving a one-sided response message representative of a participant-type in response to the request for price message, selecting an allocation algorithm from a plurality of allocation algorithms, initiating the selected allocation algorithm and allocating the order according to the participant-type upon termination of the selected auction. The system may include an electronic trading engine configured to disseminate an auction message in response to an order, a database of allocation algorithms, and a trade processor for initiating an auction according the one of the allocation algorithms and terminating the auction upon defined early termination events.
    Type: Application
    Filed: December 29, 2009
    Publication date: September 2, 2010
    Inventors: Edward T. Tilly, Anthony J. Carone, Stuart J. Kipnes, James Gazis, Anthony Montesano, Eileen C. Smith
  • Method and system for providing an automated auction for internalization and complex orders in a hybrid trading system
    Patent number: 7676421
    Abstract: A method of providing an automated auction for internalization for the purchase or sale of securities or derivatives in an exchange is disclosed. The method may include receiving an order at an electronic trade engine, disseminating a request for price message to at least one user in response to receiving the order, receiving a one-sided response message representative of a participant-type in response to the request for price message, selecting an allocation algorithm from a plurality of allocation algorithms, initiating the selected allocation algorithm and allocating the order according to the participant-type upon termination of the selected auction. The system may include an electronic trading engine configured to disseminate an auction message in response to an order, a database of allocation algorithms, and a trade processor for initiating an auction according the one of the allocation algorithms and terminating the auction upon defined early termination events.
    Type: Grant
    Filed: October 11, 2005
    Date of Patent: March 9, 2010
    Assignee: Chicago Board Options Exchange, Incorporated
    Inventors: Edward T. Tilly, Anthony J. Carone, Stuart J. Kipnes, James Gazis, Anthony Montesano, Eileen C. Smith
  • Method and system for providing an automated auction for internalization and complex orders in a hybrid trading system
    Publication number: 20060106713
    Abstract: A method of providing an automated auction for internalization for the purchase or sale of securities or derivatives in an exchange is disclosed. The method may include receiving an order at an electronic trade engine, disseminating a request for price message to at least one user in response to receiving the order, receiving a one-sided response message representative of a participant-type in response to the request for price message, selecting an allocation algorithm from a plurality of allocation algorithms, initiating the selected allocation algorithm and allocating the order according to the participant-type upon termination of the selected auction. The system may include an electronic trading engine configured to disseminate an auction message in response to an order, a database of allocation algorithms, and a trade processor for initiating an auction according the one of the allocation algorithms and terminating the auction upon defined early termination events.
    Type: Application
    Filed: October 11, 2005
    Publication date: May 18, 2006
    Inventors: Edward Tilly, Anthony Carone, Stuart Kipnes, James Gazis, Anthony Montesano, Eileen Smith