Patents by Inventor Mark Bucaj

Mark Bucaj 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: 20250071174
    Abstract: The disclosed embodiments relate to systems/methods for data message matching in a peer-to-peer exchange system. Within the peer-to-peer exchange system, a dedicated processing instance attempts to match incoming data messages to resting message previously converted to the market data by other dedicated processing instances within the peer-to-peer exchange system. The market data stored within compartmentalized data structures on the dedicated processing instances. After establishing a preliminary match at the dedicated processing instance, the dedicated processing instance forwards the preliminary match to a global processing instance to attempt a confirmatory match.
    Type: Application
    Filed: November 4, 2024
    Publication date: February 27, 2025
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Michael S. Merold, Mark Bucaj, Igor Douglas Nevistich, Richard Wenzel, Michal Sheves
  • Patent number: 12200048
    Abstract: The disclosed embodiments relate to systems/methods for data message matching in a peer-to-peer exchange system. Within the peer-to-peer exchange system, a dedicated processing instance attempts to match incoming data messages to resting message previously converted to the market data by other dedicated processing instances within the peer-to-peer exchange system. The market data stored within mirrored data structures on the dedicated processing instances, such that each instance may individually and independently attempt to match its respective data messages to all currently resting messages. When the incoming data message at least partially fails to be matched, the dedicated processing instance may determine whether to convert the unmatched portion to a resting message within the market data.
    Type: Grant
    Filed: August 25, 2023
    Date of Patent: January 14, 2025
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Michael S. Merold, Mark Bucaj, Igor Douglas Nevistich, Richard Wenzel, Michal Sheves
  • Publication number: 20230351500
    Abstract: The disclosed embodiments relate to systems/methods for low latency regulation of distributed, e.g., geographically and/or logically, transaction processing, such as trading of financial instruments, in accordance with centralized demand-based dynamically reallocated post-trade-based limits, e.g., credit/risk limits. In particular, the disclosed embodiments relate to monitoring credit demand across execution venues, as opposed to actual utilization, and, based thereon, modifying execution specific limits to reallocate of portions of a credit/risk allotment, such as a credit/risk limit, to multiple execution venues for use in approving transactions, which may implement order driven and/or quote driven markets, so as to dynamically rebalance the allocations to the execution venues based on demand/need, rather than utilization, thereby avoiding having to mitigate latencies in determining and responding to utilization.
    Type: Application
    Filed: April 29, 2022
    Publication date: November 2, 2023
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Michael S. Merold, Venkatesh Hegde, Matthew Morano, Francis B. Bakalar, Brian G. Dugdale, Indira P. Sinha, Stanislav Liberman, Michal Sheves, Mark Bucaj