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).

  • Publication number: 20230236719
    Abstract: 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: Application
    Filed: April 5, 2023
    Publication date: July 27, 2023
    Inventors: Jens-Uwe Schluetter, Robert A. West
  • Patent number: 11662897
    Abstract: 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: Grant
    Filed: January 26, 2021
    Date of Patent: May 30, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Jens-Uwe Schluetter, Robert A. West
  • Patent number: 11452097
    Abstract: 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: Grant
    Filed: September 28, 2018
    Date of Patent: September 20, 2022
    Assignee: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Sagy Pundak Mintz, Ryan N. Andrews, Scott F. Singer, Jens-Uwe Schluetter
  • Patent number: 11348174
    Abstract: 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: Grant
    Filed: April 9, 2020
    Date of Patent: May 31, 2022
    Assignee: Trading Technologies International, Inc.
    Inventors: Jens-Uwe Schluetter, Stephen A. Schwarz
  • Publication number: 20210358039
    Abstract: 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: Application
    Filed: July 30, 2021
    Publication date: November 18, 2021
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, David W. Garrison
  • Patent number: 11120501
    Abstract: 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: Grant
    Filed: September 18, 2020
    Date of Patent: September 14, 2021
    Assignee: Trading Technologies International, Inc.
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, David W. Garrison
  • Publication number: 20210149555
    Abstract: 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: Application
    Filed: January 26, 2021
    Publication date: May 20, 2021
    Inventors: Jens-Uwe Schluetter, Robert A. West
  • Publication number: 20210103985
    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: December 15, 2020
    Publication date: April 8, 2021
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Fred Monroe, Scott F. Singer, Michael J. Burns, Harris C. Brumfield, David Babulak
  • Patent number: 10942638
    Abstract: 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: Grant
    Filed: February 13, 2019
    Date of Patent: March 9, 2021
    Assignee: Trading Technologies International, Inc.
    Inventors: Jens-Uwe Schluetter, Robert A. West
  • Publication number: 20210035216
    Abstract: 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: Application
    Filed: October 8, 2020
    Publication date: February 4, 2021
    Inventor: Jens-Uwe Schluetter
  • Patent number: 10902518
    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 22, 2020
    Date of Patent: January 26, 2021
    Assignee: PABLO, LLC
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Fred Monroe, Scott F. Singer, Michael J. Burns, Harris C. Brumfield, David Babulak
  • Publication number: 20210004903
    Abstract: 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: Application
    Filed: September 18, 2020
    Publication date: January 7, 2021
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, David W. Garrison
  • Publication number: 20210004902
    Abstract: 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: Application
    Filed: September 17, 2020
    Publication date: January 7, 2021
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, David W. Garrison, Sagy Pundak Mintz
  • Patent number: 10839456
    Abstract: 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: Grant
    Filed: October 12, 2017
    Date of Patent: November 17, 2020
    Assignee: Hulbert & Berghoff LLP
    Inventor: Jens-Uwe Schluetter
  • Patent number: 10817944
    Abstract: 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: Grant
    Filed: November 21, 2019
    Date of Patent: October 27, 2020
    Assignee: Trading Technologies International, Inc.
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, David W. Garrison, Sagy Pundak Mintz
  • Patent number: 10817937
    Abstract: 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: Grant
    Filed: February 28, 2003
    Date of Patent: October 27, 2020
    Assignee: Trading Technologies International, Inc.
    Inventors: Gary Allan Kemp, David W. Garrison, Jens-Uwe Schluetter
  • Publication number: 20200286176
    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: May 22, 2020
    Publication date: September 10, 2020
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Fred Monroe, Scott F. Singer, Michael J. Burns, Harris C. Brumfield, David Babulak
  • Publication number: 20200234371
    Abstract: 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: Application
    Filed: April 9, 2020
    Publication date: July 23, 2020
    Inventors: Jens-Uwe Schluetter, Stephen A. Schwarz
  • Patent number: 10699341
    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 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: Grant
    Filed: September 6, 2019
    Date of Patent: June 30, 2020
    Assignee: 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
  • Patent number: 10650451
    Abstract: 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: Grant
    Filed: September 20, 2013
    Date of Patent: May 12, 2020
    Assignee: Trading Technologies International, Inc.
    Inventors: Jens-Uwe Schluetter, Stephen A. Schwarz