Patents by Inventor John Malitzis
John Malitzis 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: 8301539Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: GrantFiled: July 9, 2001Date of Patent: October 30, 2012Assignee: The Nasdaq OMX Group, Inc.Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn
-
Patent number: 8296216Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: GrantFiled: July 9, 2001Date of Patent: October 23, 2012Assignee: The NASDAQ OMX Group, Inc.Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn
-
Patent number: 8239303Abstract: A market system that includes an internal execution process is described. The system includes an order execution process that receives orders and matches orders against quotes posted in the system on a time priority basis and an order match-off process that checks if a market participant identification associated with a received order matches a market participant identification representing a quote in the system that is at the best bid or best offer price in the system.Type: GrantFiled: September 23, 1999Date of Patent: August 7, 2012Assignee: The NASDAQ OMX Group, Inc.Inventors: Peter Martyn, Stuart Serkin, John Malitzis
-
Patent number: 7870056Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: GrantFiled: January 19, 2007Date of Patent: January 11, 2011Assignee: The NASDAQ OMX Group, Inc.Inventors: Richard G. Ketchum, Stuart Serkin, John Malitzis, Peter Martyn, Debra Peter, Patti Dizenhaus, Doug Brown
-
Patent number: 7801795Abstract: A method for trading a security in an electronic market includes entering an order at a client station for executing against any market participant that can at least in part satisfy the order, and matching the entered order at a server system against interest in the market based on how the market participant participates in the market with a portion of the interest in the market being prioritized according to price priority among displayed quotes/orders of market makers, ECNs that do not charge a separate quote-access fee, and non-attributable agency orders of UTP Exchanges, and subsequently by displayed quotes/orders of ECNs that charge a separate quote-access fee, with the quotes/orders of the ECNs that charge a separate quote-access fee being ranked by the amount of the quote-access fee charged.Type: GrantFiled: October 18, 2002Date of Patent: September 21, 2010Assignee: The Nasdaq OMX Group, Inc.Inventors: Adam Nunes, Daniel F. Moore, Mark Denat, John Malitzis, Karen Peterson, Anna Ewing, Steven J. Randich, Richard G. Ketchum, Dean Furbush, Christopher Folkemer
-
Patent number: 7359877Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process. The market has a facility, which receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window, and a plurality of price levels of a product traded in the market. The market also includes processes to handle odd-lot processing and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: GrantFiled: March 19, 2001Date of Patent: April 15, 2008Assignee: The Nasdaq Stock Market, Inc.Inventors: John Malitzis, Peter Martyn, Daniel Franks, Debra Peter, Patricia Dizenhaus, Thomas Moran, Gene Lopez
-
Publication number: 20070136182Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: ApplicationFiled: January 19, 2007Publication date: June 14, 2007Inventors: Richard Ketchum, Stuart Serkin, John Malitzis, Peter Martyn, Debra Peter, Patti Dizenhaus, Doug Brown
-
Patent number: 7209896Abstract: A system for handling quotes in an electronic market is described. The system includes a lock/cross quote detector which determines whether a quote which is entered into the market system would lock or cross other quotes in the market system and a quote formatter that receives quotes that, if entered, would lock or cross the market and reformats the quotes as marketable liability orders. The system includes a routing process that routes reformatted quotes as marketable liability orders to a market participant whose quote was locked or crossed.Type: GrantFiled: September 23, 1999Date of Patent: April 24, 2007Assignee: The Nasdaq Stock Market, Inc.Inventors: Stuart Serkin, John Malitzis, Richard G. Ketchum, Peter Marytn
-
Patent number: 7181424Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: GrantFiled: September 23, 1999Date of Patent: February 20, 2007Assignee: The Nasdaq Stock Market, Inc.Inventors: Richard G. Ketchum, Stuart Serkin, John Malitzis, Peter Martyn, Debra Peter, Patti Dizenhaus, Doug Brown
-
Publication number: 20030126066Abstract: A method for trading a security in an electronic market includes entering an order at a client station for executing against any market participant that can at least in part satisfy the order, and matching the entered order at a server system against interest in the market based on how the market participant participates in the market with a portion of the interest in the market being prioritized according to price priority among displayed quotes/orders of market makers, ECNs that do not charge a separate quote-access fee, and non-attributable agency orders of UTP Exchanges, and subsequently by displayed quotes/orders of ECNs that charge a separate quote-access fee, with the quotes/orders of the ECNs that charge a separate quote-access fee being ranked by the amount of the quote-access fee charged.Type: ApplicationFiled: October 18, 2002Publication date: July 3, 2003Inventors: Adam Nunes, Daniel F. Moore, Mark Denat, John Malitzis, Karen Peterson, Anna Ewing, Steven J. Randich, Richard G. Ketchum, Dean Furbush, Christopher Folkemer
-
Publication number: 20030009412Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: ApplicationFiled: July 9, 2001Publication date: January 9, 2003Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn
-
Publication number: 20030009413Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: ApplicationFiled: July 9, 2001Publication date: January 9, 2003Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn
-
Publication number: 20030009414Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: ApplicationFiled: July 9, 2001Publication date: January 9, 2003Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn
-
Publication number: 20020161687Abstract: A market system that includes an internal execution process is described. The system includes an order execution process that receives orders and matches orders against quotes posted in the system on a time priority basis and an order match-off process that checks if a market participant identification associated with a received order matches a market participant identification representing a quote in the system that is at the best bid or best offer price in the system.Type: ApplicationFiled: September 23, 1999Publication date: October 31, 2002Inventors: STUART SERKIN, JOHN MALITZIS
-
Publication number: 20020133454Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process. The market has a facility, which receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window, and a plurality of price levels of a product traded in the market. The market also includes processes to handle odd-lot processing and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: ApplicationFiled: March 19, 2001Publication date: September 19, 2002Inventors: John Malitzis, Peter Martyn, Daniel Franks, Debra Peter, Patricia Dizenhaus, Thomas Moran, Gene Lopez
-
Publication number: 20020073016Abstract: An electronic market for trading of securities includes a plurality of client stations for entering quotes for securities and a server process that receives quotes from the clients, aggregates the quotes and causes a total of all aggregated quotes to be displayed for a plurality of price levels on the client systems. The market uses a graphical user that depicts aggregated quotes in an aggregate window a plurality of price levels of a product traded in the market. The market also includes processes to handle lock/cross market conditions, match-off of order flow and provides a central quote/order collector that interfaces to disparate order delivery systems to minimize dual liability of market makers.Type: ApplicationFiled: July 3, 2001Publication date: June 13, 2002Inventors: Dean Furbush, Richard G. Ketchum, Daniel B. Franks, John Malitzis, Thomas P. Moran, Peter Martyn