Patents by Inventor James Raitsev
James Raitsev 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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Patent number: 11941692Abstract: Networks, systems and methods for event triggered trading of investment vehicles are disclosed. Orders that are conditioned upon events occurring outside a market may be submitted to an exchange. The conditional orders may be held or stored until the occurrence or non-occurrence of the event. An event data feed is provided to provide information identifying the occurrence or non-occurrence of the event. In response to receiving information via the data feed identifying the event, the orders conditioned upon the event will be triggered, matched, and executed.Type: GrantFiled: February 8, 2016Date of Patent: March 26, 2024Assignee: Chicago Mercantile Exchange Inc.Inventors: James Raitsev, Stanislav Liberman
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Publication number: 20240013299Abstract: Networks, systems, and methods for event triggered trading of investment vehicles are disclosed. Orders that are conditioned upon events occurring outside a market may be submitted to an exchange. The conditional orders may be held or stored until the occurrence or non-occurrence of the event. An event data feed is provided to provide information identifying the occurrence or non-occurrence of the event. In response to receiving information via the data feed identifying the event, the orders conditioned upon the event will be triggered, matched, and executed.Type: ApplicationFiled: September 25, 2023Publication date: January 11, 2024Applicant: Chicago Mercantile Exchange Inc.Inventors: James Raitsev, Stanislav Liberman
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Publication number: 20220327623Abstract: An electronic trading system is configured to create speculative orders based on real orders. The speculative order differs from the real order by the price, quantity, or the type of financial instrument. The match engine chooses one or more speculative orders in an attempt to predict the next real order. Even though processing multiple trades at the same time is impossible, the use of speculative orders can permit the match engine to perform the calculations involved with the trade and generate the messages associated with the trade ahead of time. If the prediction was correct and the next order received by the match engine corresponds to one of the speculative orders, some of the matching activity has already been performed. This in effect, allows the match engine to process trades more efficiently and increases the total trading volume that can be handled by the electronic trading system.Type: ApplicationFiled: June 29, 2022Publication date: October 13, 2022Applicant: Chicago Mercantile Exchange Inc.Inventors: Stanislav Liberman, Michael Colligan, James Raitsev
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Patent number: 11410231Abstract: An electronic trading system is configured to create speculative orders based on real orders. The speculative order differs from the real order by the price, quantity, or the type of financial instrument. The match engine chooses one or more speculative orders in an attempt to predict the next real order. Even though processing multiple trades at the same time is impossible, the use of speculative orders can permit the match engine to perform the calculations involved with the trade and generate the messages associated with the trade ahead of time. If the prediction was correct and the next order received by the match engine corresponds to one of the speculative orders, some of the matching activity has already been performed. This in effect, allows the match engine to process trades more efficiently and increases the total trading volume that can be handled by the electronic trading system.Type: GrantFiled: September 15, 2014Date of Patent: August 9, 2022Assignee: Chicago Mercantile Exchange Inc.Inventors: Stanislav Liberman, Michael H. Colligan, James Raitsev
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Publication number: 20160232611Abstract: Networks, systems and methods for event triggered trading of investment vehicles are disclosed. Orders that are conditioned upon events occurring outside a market may be submitted to an exchange. The conditional orders may be held or stored until the occurrence or non-occurrence of the event. An event data feed is provided to provide information identifying the occurrence or non-occurrence of the event. In response to receiving information via the data feed identifying the event, the orders conditioned upon the event will be triggered, matched, and executed.Type: ApplicationFiled: February 8, 2016Publication date: August 11, 2016Inventors: James Raitsev, Stanislav Liberman
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Publication number: 20150006355Abstract: An electronic trading system is configured to create speculative orders based on real orders. The speculative order differs from the real order by the price, quantity, or the type of financial instrument. The match engine chooses one or more speculative orders in an attempt to predict the next real order. Even though processing multiple trades at the same time is impossible, the use of speculative orders can permit the match engine to perform the calculations involved with the trade and generate the messages associated with the trade ahead of time. If the prediction was correct and the next order received by the match engine corresponds to one of the speculative orders, some of the matching activity has already been performed. This in effect, allows the match engine to process trades more efficiently and increases the total trading volume that can be handled by the electronic trading system.Type: ApplicationFiled: September 15, 2014Publication date: January 1, 2015Inventors: Stanislav Liberman, Michael H. Colligan, James Raitsev
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Patent number: 8868460Abstract: An electronic trading system is configured to create speculative orders based on real orders. The speculative order differs from the real order by the price, quantity, or the type of financial instrument. The match engine chooses one or more speculative orders in an attempt to predict the next real order. Even though processing multiple trades at the same time is impossible, the use of speculative orders can permit the match engine to perform the calculations involved with the trade and generate the messages associated with the trade ahead of time. If the prediction was correct and the next order received by the match engine corresponds to one of the speculative orders, some of the matching activity has already been performed. This in effect, allows the match engine to process trades more efficiently and increases the total trading volume that can be handled by the electronic trading system.Type: GrantFiled: September 15, 2009Date of Patent: October 21, 2014Assignee: Chicago Mercantile Exchange Inc.Inventors: Stanislav Liberman, Michael H. Colligan, James Raitsev
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Publication number: 20110066538Abstract: An electronic trading system is configured to create speculative orders based on real orders. The speculative order differs from the real order by the price, quantity, or the type of financial instrument. The match engine chooses one or more speculative orders in an attempt to predict the next real order. Even though processing multiple trades at the same time is impossible, the use of speculative orders can permit the match engine to perform the calculations involved with the trade and generate the messages associated with the trade ahead of time. If the prediction was correct and the next order received by the match engine corresponds to one of the speculative orders, some of the matching activity has already been performed. This in effect, allows the match engine to process trades more efficiently and increases the total trading volume that can be handled by the electronic trading system.Type: ApplicationFiled: September 15, 2009Publication date: March 17, 2011Applicant: CHICAGO MERCANTILE EXCHANGE, INC.Inventors: Stanislav Liberman, Michael H. Colligan, James Raitsev
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Publication number: 20080275806Abstract: Networks, systems and methods for event triggered trading of investment vehicles are disclosed. Orders that are conditioned upon events occurring outside a market may be submitted to an exchange. The conditional orders may be held or stored until the occurrence or non-occurrence of the event. An event data feed is provided to provide information identifying the occurrence or non-occurrence of the event. In response to receiving information via the data feed identifying the event, the orders conditioned upon the event will be triggered, matched, and executed.Type: ApplicationFiled: May 2, 2007Publication date: November 6, 2008Applicant: CHICAGO MERCANTILE EXCHANGE, INC.Inventors: James Raitsev, Stanislav Liberman