Patents by Inventor Johnny Shaffer

Johnny Shaffer 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: 20140129406
    Abstract: An electronic trading method and system to facilitate order execution at improved prices. In one embodiment, the electronic trading system includes a price improvement module that determines, from aggregated orders, total orders on each trade side. The price improvement module further determines whether an amount of two-sided order interest is at least a predefined amount, and if so, generates an indication to execute one or more of the orders at an improved bid price or an improved ask price.
    Type: Application
    Filed: November 7, 2012
    Publication date: May 8, 2014
    Applicant: GOLDMAN, SACHS & CO.
    Inventors: Christopher White, Justin Gmelich, Dimiter Georgiev, Debra Herschmann, Paul J. Huchro, Wichar Jiempreecha, Ross Levinsky, Johnny Shaffer, Stephanie Miriam Sklar, Paul Walker
  • Publication number: 20140129404
    Abstract: An electronic trading method, system, apparatus and platform that facilitate dealer to client trading of financial instruments in a session-based format. In one embodiment, the electronic trading system establishes a trading session for a given financial instrument at a predetermined date and time. The electronic trading system presents a two-sided market and provides a guarantee of a minimum liquidity for the trading session. The electronic trading system then executes client orders based on time of order entry and allocation of available liquidity.
    Type: Application
    Filed: November 7, 2012
    Publication date: May 8, 2014
    Applicant: GOLDMAN, SACHS & CO.
    Inventors: Christopher White, Justin Gmelich, Dimiter Georgiev, Debra Herschmann, Paul J. Huchro, Wichar Jiempreecha, Ross Levinsky, Johnny Shaffer, Stephanie Miriam Sklar, Paul Walker
  • Publication number: 20140129407
    Abstract: A method and system for filling orders based on time of order entry and liquidity allocation are disclosed. A trading system having an order fulfillment engine, receives orders to trade a financial instrument. Each order may specify an order size and a trade side. The system identifies a trade side with aggregate order size larger than that of an opposing trade side and determines a priority for executing orders on the identified trade side based on available liquidity and time of order entry. The one or more orders on the identified trade side are then executed according to the determined priority.
    Type: Application
    Filed: November 7, 2012
    Publication date: May 8, 2014
    Applicant: GOLDMAN, SACHS & CO.
    Inventors: Christopher White, Justin Gmelich, Dimiter Georgiev, Debra Herschmann, Paul J. Huchro, Wichar Jiempreecha, Ross Levinsky, Johnny Shaffer, Stephanie Miriam Sklar, Paul Walker
  • Publication number: 20140129405
    Abstract: A session based electronic trading and order handling system and method include order handling protocols for processing and distributing order information. In one embodiment, the order handling system receives an order to trade in a financial instrument. The order handling system obtains an order handling rule for communicating certain order attributes to a party and applies the order handling rule to the order to communicate such attributes.
    Type: Application
    Filed: November 7, 2012
    Publication date: May 8, 2014
    Applicant: GOLDMAN, SACHS & CO.
    Inventors: Christopher White, Justin Gmelich, Dimiter Georgiev, Debra Herschmann, Paul J. Huchro, Wichar Jiempreecha, Ross Levinsky, Johnny Shaffer, Stephanie Miriam Sklar, Paul Walker