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).

  • Patent number: 11941692
    Abstract: 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: Grant
    Filed: February 8, 2016
    Date of Patent: March 26, 2024
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: James Raitsev, Stanislav Liberman
  • Publication number: 20240013299
    Abstract: 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: Application
    Filed: September 25, 2023
    Publication date: January 11, 2024
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: James Raitsev, Stanislav Liberman
  • Publication number: 20220327623
    Abstract: 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: Application
    Filed: June 29, 2022
    Publication date: October 13, 2022
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Stanislav Liberman, Michael Colligan, James Raitsev
  • Patent number: 11410231
    Abstract: 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: Grant
    Filed: September 15, 2014
    Date of Patent: August 9, 2022
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Stanislav Liberman, Michael H. Colligan, James Raitsev
  • Publication number: 20160232611
    Abstract: 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: Application
    Filed: February 8, 2016
    Publication date: August 11, 2016
    Inventors: James Raitsev, Stanislav Liberman
  • Publication number: 20150006355
    Abstract: 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: Application
    Filed: September 15, 2014
    Publication date: January 1, 2015
    Inventors: Stanislav Liberman, Michael H. Colligan, James Raitsev
  • Patent number: 8868460
    Abstract: 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: Grant
    Filed: September 15, 2009
    Date of Patent: October 21, 2014
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Stanislav Liberman, Michael H. Colligan, James Raitsev
  • Publication number: 20110066538
    Abstract: 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: Application
    Filed: September 15, 2009
    Publication date: March 17, 2011
    Applicant: CHICAGO MERCANTILE EXCHANGE, INC.
    Inventors: Stanislav Liberman, Michael H. Colligan, James Raitsev
  • Publication number: 20080275806
    Abstract: 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: Application
    Filed: May 2, 2007
    Publication date: November 6, 2008
    Applicant: CHICAGO MERCANTILE EXCHANGE, INC.
    Inventors: James Raitsev, Stanislav Liberman