Patents by Inventor Jens-Uwe Schluetter
Jens-Uwe Schluetter 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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Publication number: 20230236719Abstract: A method, system, and computer program products are provided for updating the location of a cursor in a display window on a trading screen when certain events occurs. In a preferred embodiment, as market conditions change, the market information may be rearranged on a screen. To reduce the chances of missing a market opportunity by sending orders or managing them, the cursor moves in association with the market information such that the cursor appears fixed to the market information until a user moves the pointer device.Type: ApplicationFiled: April 5, 2023Publication date: July 27, 2023Inventors: Jens-Uwe Schluetter, Robert A. West
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Patent number: 11662897Abstract: A method, system, and computer program products are provided for updating the location of a cursor in a display window on a trading screen when certain events occurs. In a preferred embodiment, as market conditions change, the market information may be rearranged on a screen. To reduce the chances of missing a market opportunity by sending orders or managing them, the cursor moves in association with the market information such that the cursor appears fixed to the market information until a user moves the pointer device.Type: GrantFiled: January 26, 2021Date of Patent: May 30, 2023Assignee: Trading Technologies International, Inc.Inventors: Jens-Uwe Schluetter, Robert A. West
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Patent number: 11452097Abstract: Trading software may receive information from an exchange. The trading software may track historical bid and ask information for a tradeable object. The trading software may display historical market depth information for the tradeable object on a trading screen.Type: GrantFiled: September 28, 2018Date of Patent: September 20, 2022Assignee: TRADING TECHNOLOGIES INTERNATIONAL, INC.Inventors: Sagy Pundak Mintz, Ryan N. Andrews, Scott F. Singer, Jens-Uwe Schluetter
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Patent number: 11348174Abstract: A network device coalesces data received from an exchange, and provides a user with the opportunity to receive fewer, but up-to-date, data updates from an exchange when duplicate prices become available or a large volume of prices becomes available suddenly. Accordingly, the trader can be assured of receiving non-duplicated prices that are fed at a rate that is cohesive with that trader's connection speed. The present invention is designed to conserve on bandwidth thereby increasing the likelihood that bandwidth will be available to receive desirable market information.Type: GrantFiled: April 9, 2020Date of Patent: May 31, 2022Assignee: Trading Technologies International, Inc.Inventors: Jens-Uwe Schluetter, Stephen A. Schwarz
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Publication number: 20210358039Abstract: A system and method for internal matching of electronic trading orders is provided. Orders for electronic trading are reviewed for potential matches in an internal order book of an internal matching system. If no potential matches are available, the order is listed on both the internal order book for the internal matching system and on the book of orders for the electronic exchange. If a potential match is available, the order is tentatively matched with a resting order on the internal order book. A message is sent to the electronic exchange to cancel the resting order on the book of exchange order book. If the deletion is successful, the order and the resting order are matched. If the deletion is unsuccessful, the internal order book on the internal matching system is checked again for a potential match.Type: ApplicationFiled: July 30, 2021Publication date: November 18, 2021Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, David W. Garrison
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Patent number: 11120501Abstract: A system and method for internal matching of electronic trading orders is provided. Orders for electronic trading are reviewed for potential matches in an internal order book of an internal matching system. If no potential matches are available, the order is listed on both the internal order book for the internal matching system and on the book of orders for the electronic exchange. If a potential match is available, the order is tentatively matched with a resting order on the internal order book. A message is sent to the electronic exchange to cancel the resting order on the book of exchange order book. If the deletion is successful, the order and the resting order are matched. If the deletion is unsuccessful, the internal order book on the internal matching system is checked again for a potential match.Type: GrantFiled: September 18, 2020Date of Patent: September 14, 2021Assignee: Trading Technologies International, Inc.Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, David W. Garrison
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Publication number: 20210149555Abstract: A method, system, and computer program products are provided for updating the location of a cursor in a display window on a trading screen when certain events occurs. In a preferred embodiment, as market conditions change, the market information may be rearranged on a screen. To reduce the chances of missing a market opportunity by sending orders or managing them, the cursor moves in association with the market information such that the cursor appears fixed to the market information until a user moves the pointer device.Type: ApplicationFiled: January 26, 2021Publication date: May 20, 2021Inventors: Jens-Uwe Schluetter, Robert A. West
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Publication number: 20210103985Abstract: 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: ApplicationFiled: December 15, 2020Publication date: April 8, 2021Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Fred Monroe, Scott F. Singer, Michael J. Burns, Harris C. Brumfield, David Babulak
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Patent number: 10942638Abstract: A method, system, and computer program products are provided for updating the location of a cursor in a display window on a trading screen when certain events occurs. In a preferred embodiment, as market conditions change, the market information may be rearranged on a screen. To reduce the chances of missing a market opportunity by sending orders or managing them, the cursor moves in association with the market information such that the cursor appears fixed to the market information until a user moves the pointer device.Type: GrantFiled: February 13, 2019Date of Patent: March 9, 2021Assignee: Trading Technologies International, Inc.Inventors: Jens-Uwe Schluetter, Robert A. West
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Publication number: 20210035216Abstract: A fair exchange is disclosed to reduce potential inequities in an electronic trading environment. Market data is sent from a host system to client devices through one or more synchronized local communication servers such that the data can be displayed simultaneously or nearly simultaneously at each client device. Market data sent to client devices might include price information. Likewise, a host system may transaction data sent from client devices via the local communication servers. The ordering of transaction data is based, at least in part, on when the local communication servers received the transaction data from the client devices. Transaction data sent to a host system might include order information.Type: ApplicationFiled: October 8, 2020Publication date: February 4, 2021Inventor: Jens-Uwe Schluetter
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Patent number: 10902518Abstract: 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: GrantFiled: May 22, 2020Date of Patent: January 26, 2021Assignee: PABLO, LLCInventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Fred Monroe, Scott F. Singer, Michael J. Burns, Harris C. Brumfield, David Babulak
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Publication number: 20210004903Abstract: A system and method for internal matching of electronic trading orders is provided. Orders for electronic trading are reviewed for potential matches in an internal order book of an internal matching system. If no potential matches are available, the order is listed on both the internal order book for the internal matching system and on the book of orders for the electronic exchange. If a potential match is available, the order is tentatively matched with a resting order on the internal order book. A message is sent to the electronic exchange to cancel the resting order on the book of exchange order book. If the deletion is successful, the order and the resting order are matched. If the deletion is unsuccessful, the internal order book on the internal matching system is checked again for a potential match.Type: ApplicationFiled: September 18, 2020Publication date: January 7, 2021Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, David W. Garrison
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Publication number: 20210004902Abstract: Management of transaction message flow utilizing a transaction message queue. The system and method are for use in financial transaction messaging systems. The system is designed to enable an administrator to monitor, distribute, control and receive alerts on the use and status of limited network and exchange resources. Users are grouped in a hierarchical manner, preferably including user level and group level, as well as possible additional levels such as account, tradable object, membership, and gateway levels. The message thresholds may be specified for each level to ensure that transmission of a given transaction does not exceed the number of messages permitted for the user, group, account, etc.Type: ApplicationFiled: September 17, 2020Publication date: January 7, 2021Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, David W. Garrison, Sagy Pundak Mintz
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Patent number: 10839456Abstract: A fair exchange is disclosed to reduce potential inequities in an electronic trading environment. Market data is sent from a host system to client devices through one or more synchronized local communication servers such that the data can be displayed simultaneously or nearly simultaneously at each client device. Market data sent to client devices might include price information. Likewise, a host system may transaction data sent from client devices via the local communication servers. The ordering of transaction data is based, at least in part, on when the local communication servers received the transaction data from the client devices. Transaction data sent to a host system might include order information.Type: GrantFiled: October 12, 2017Date of Patent: November 17, 2020Assignee: Hulbert & Berghoff LLPInventor: Jens-Uwe Schluetter
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Patent number: 10817944Abstract: Management of transaction message flow utilizing a transaction message queue. The system and method are for use in financial transaction messaging systems. The system is designed to enable an administrator to monitor, distribute, control and receive alerts on the use and status of limited network and exchange resources. Users are grouped in a hierarchical manner, preferably including user level and group level, as well as possible additional levels such as account, tradable object, membership, and gateway levels. The message thresholds may be specified for each level to ensure that transmission of a given transaction does not exceed the number of messages permitted for the user, group, account, etc.Type: GrantFiled: November 21, 2019Date of Patent: October 27, 2020Assignee: Trading Technologies International, Inc.Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, David W. Garrison, Sagy Pundak Mintz
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Patent number: 10817937Abstract: A system and method for internal matching of electronic trading orders is provided. Orders for electronic trading are reviewed for potential matches in an internal order book of an internal matching system. If no potential matches are available, the order is listed on both the internal order book for the internal matching system and on the book of orders for the electronic exchange. If a potential match is available, the order is tentatively matched with a resting order on the internal order book. A message is sent to the electronic exchange to cancel the resting order on the book of exchange order book. If the deletion is successful, the order and the resting order are matched. If the deletion is unsuccessful, the internal order book on the internal matching system is checked again for a potential match.Type: GrantFiled: February 28, 2003Date of Patent: October 27, 2020Assignee: Trading Technologies International, Inc.Inventors: Gary Allan Kemp, David W. Garrison, Jens-Uwe Schluetter
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Publication number: 20200286176Abstract: 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: ApplicationFiled: May 22, 2020Publication date: September 10, 2020Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Fred Monroe, Scott F. Singer, Michael J. Burns, Harris C. Brumfield, David Babulak
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Publication number: 20200234371Abstract: A network device coalesces data received from an exchange, and provides a user with the opportunity to receive fewer, but up-to-date, data updates from an exchange when duplicate prices become available or a large volume of prices becomes available suddenly. Accordingly, the trader can be assured of receiving non-duplicated prices that are fed at a rate that is cohesive with that trader's connection speed. The present invention is designed to conserve on bandwidth thereby increasing the likelihood that bandwidth will be available to receive desirable market information.Type: ApplicationFiled: April 9, 2020Publication date: July 23, 2020Inventors: Jens-Uwe Schluetter, Stephen A. Schwarz
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Patent number: 10699341Abstract: 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 tradable 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: GrantFiled: September 6, 2019Date of Patent: June 30, 2020Assignee: Trading Technologies International, Inc.Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Michael J. Burns, Scott F. Singer, Fred Monroe, David Babulak, Harris C. Brumfield
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Patent number: 10650451Abstract: A network device coalesces data received from an exchange, and provides a user with the opportunity to receive fewer, but up-to-date, data updates from an exchange when duplicate prices become available or a large volume of prices becomes available suddenly. Accordingly, the trader can be assured of receiving non-duplicated prices that are fed at a rate that is cohesive with that trader's connection speed. The present invention is designed to conserve on bandwidth thereby increasing the likelihood that bandwidth will be available to receive desirable market information.Type: GrantFiled: September 20, 2013Date of Patent: May 12, 2020Assignee: Trading Technologies International, Inc.Inventors: Jens-Uwe Schluetter, Stephen A. Schwarz