Patents by Inventor Lawrence Tint

Lawrence Tint 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).

  • BASKET PRICING AT CLIENT
    Publication number: 20230080465
    Abstract: Various embodiments are directed to a trading system and method for determining orders and their prices. A trader may request a quote for a composite order comprising a plurality of constituent orders. The request may be provided to a pricing module located behind the trader's firewall. The pricing module may determine a quote on behalf of a pricing entity associated with a fund. The quotes may be determined based on current market conditions and net tracking error that would result if the fund executed all of the constituent orders of the composite trading order. The trading module may provide the requesting trader with the requested quote, which may comprise a firm counter-order immediately executable against the composite trading order. The quote and the existence of the request may not be transmitted outside the trader's firewall. The trader may execute the quote, and the pricing entity may fill all the constituent trading orders of the trader's composite trading order at the quoted price(s).
    Type: Application
    Filed: September 29, 2022
    Publication date: March 16, 2023
    Inventors: Kevin Foley, Lawrence Tint
  • METHOD AND APPARATUS FOR DETERMINING A PRICE
    Publication number: 20220343426
    Abstract: A trading platform and trading method that permit calculation of a price is described. Other embodiments are also described.
    Type: Application
    Filed: July 7, 2022
    Publication date: October 27, 2022
    Inventors: Howard W. Lutnick, Lawrence Tint
  • BASKET PRICING AT CLIENT
    Publication number: 20210192617
    Abstract: Various embodiments are directed to a trading system and method for determining orders and their prices. A trader may request a quote for a composite order comprising a plurality of constituent orders. The request may be provided to a pricing module located behind the trader's firewall. The pricing module may determine a quote on behalf of a pricing entity associated with a fund. The quotes may be determined based on current market conditions and net tracking error that would result if the fund executed all of the constituent orders of the composite trading order. The trading module may provide the requesting trader with the requested quote, which may comprise a firm counter-order immediately executable against the composite trading order. The quote and the existence of the request may not be transmitted outside the trader's firewall. The trader may execute the quote, and the pricing entity may fill all the constituent trading orders of the trader's composite trading order at the quoted price(s).
    Type: Application
    Filed: December 1, 2020
    Publication date: June 24, 2021
    Inventors: Kevin Foley, Lawrence Tint
  • PRODUCTS AND PROCESSES FOR GENERATING A PLURALITY OF ORDERS
    Publication number: 20150032594
    Abstract: A trading platform and trading method that permit calculation of a price is described. Other embodiments are also described.
    Type: Application
    Filed: June 5, 2014
    Publication date: January 29, 2015
    Inventors: Howard W. Lutnick, Lawrence Tint
  • Products and processes for generating a plurality of orders
    Patent number: 8751362
    Abstract: A trading platform and trading method that permit calculation of a price is described. Other embodiments are also described.
    Type: Grant
    Filed: June 3, 2009
    Date of Patent: June 10, 2014
    Assignee: CFPH, LLC
    Inventors: Howard W. Lutnick, Lawrence Tint