Patents by Inventor Matthew Morano

Matthew Morano 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: 20250245745
    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: March 21, 2025
    Publication date: July 31, 2025
    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
  • Publication number: 20250230893
    Abstract: A removable cover includes a first jacket portion having a first jacket portion end. A first substrate portion is attached to the first jacket portion and has a first substrate portion end. The removable cover also includes a second jacket portion having a second jacket portion end. A second substrate portion is attached to the second jacket portion and has a second substrate portion end. The removable cover also has a compressive element attached to the first jacket portion and the second jacket portion. The first jacket portion end overlaps the second jacket portion end at a joint of a plurality of joints of the removable cover in a compressed state of the removable cover. The compressive element provides a compressive force on the joint in the compressed state.
    Type: Application
    Filed: January 16, 2024
    Publication date: July 17, 2025
    Applicant: Specialty Products & Insulation
    Inventors: Thomas Salagaj, Jonathan Morano, Matthew Morano
  • Patent number: 12288254
    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: Grant
    Filed: April 29, 2022
    Date of Patent: April 29, 2025
    Assignee: 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
  • Publication number: 20250131496
    Abstract: The disclosed embodiments relate to ensuring that a selected value, selected, for example, via interaction with a graphic user interface, of a dynamically changing parameter, such as a price, is used when generating an electronic data transaction request message in a data transaction processing system, such as an electronic trading system. The data transaction processing system being a system in which data items, such as financial contracts, e.g., futures contracts, are transacted or otherwise traded by a hardware matching processor that attempts to match electronic data transaction request messages with electronic data transaction request messages counter thereto for the same one of the data items based on multiple transaction parameters. A selected value is temporarily buffered allowing the represented value to update wherein a subsequently generated transaction may be based on the buffered value rather than an updated value.
    Type: Application
    Filed: December 20, 2024
    Publication date: April 24, 2025
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Nicholas Bandy, Matthew Morano
  • Patent number: 12198190
    Abstract: The disclosed embodiments relate to ensuring that a selected value, selected, for example, via interaction with a graphic user interface, of a dynamically changing parameter, such as a price, is used when generating an electronic data transaction request message in a data transaction processing system, such as an electronic trading system. The data transaction processing system being a system in which data items, such as financial contracts, e.g., futures contracts, are transacted or otherwise traded by a hardware matching processor that attempts to match electronic data transaction request messages with electronic data transaction request messages counter thereto for the same one of the data items based on multiple transaction parameters. A selected value is temporarily buffered allowing the represented value to update wherein a subsequently generated transaction may be based on the buffered value rather than an updated value.
    Type: Grant
    Filed: May 23, 2023
    Date of Patent: January 14, 2025
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Nicholas Bandy, Matthew Morano
  • Publication number: 20240428332
    Abstract: Systems and methods are provided for monitoring a plurality of chat messages. Values are extracted from multiple chat messages between a first party and a second party. Context is determined for the values and/or messages. The context is used to determine the relationship between the values, messages, and one or more transactions. Once all values of a transaction are identified, an order ticket is generated.
    Type: Application
    Filed: September 4, 2024
    Publication date: December 26, 2024
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Carrick Pierce, Matthew Morano, James Bradley
  • Publication number: 20240427780
    Abstract: The disclosed embodiments relate to systems and methods for generating an optimal solution for determining a value for one or more base data objects. A plurality of solutions include one or more composite data objects transacted by a transaction system processor. The composite data objects include the one or more base data objects. An optimal solution is generated by using data indicative of a level of activity and a number of sources for each of the plurality of composite data objects.
    Type: Application
    Filed: August 30, 2024
    Publication date: December 26, 2024
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Seo Wook Jang, Jeon Ho Cho, Bo Miao, Cham Hong Po, Yaotian Zhang, Panagiotis Xythalis, Matthew Morano
  • Publication number: 20240346593
    Abstract: Systems and methods for controlling use of a resource pool in connection with electronic trading in a plurality of product groups via a set of match engines are described. Resource data indicative of a current magnitude of the resource pool is obtained. A plurality of allocations of the resource pool are determined, based on the resource pool, across the plurality of product groups. For each allocation of the plurality of allocations, allocation data indicative of the allocation is provided to a respective resource controller of a set of resource controllers. The respective resource controller is disposed at a respective match engine to which a respective product group of the plurality of product groups is assigned. The use of the resource pool for an incoming order in a respective product group is thus limited in accordance with the allocation data provided to the resource controller at the respective match engine.
    Type: Application
    Filed: June 28, 2024
    Publication date: October 17, 2024
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Zachary Bonig, Matthew Morano, Francis Bernard Bakalar, Baris Mestanogullari, James Allen Bailey, Frank Kmiec, Ari L. Studnitzer, Pearce Ian Peck-Walden
  • Patent number: 12106368
    Abstract: Systems and methods are provided for monitoring a plurality of chat messages. Values are extracted from multiple chat messages between a first party and a second party. Context is determined for the values and/or messages. The context is used to determine the relationship between the values, messages, and one or more transactions. Once all values of a transaction are identified, an order ticket is generated.
    Type: Grant
    Filed: November 22, 2022
    Date of Patent: October 1, 2024
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Carrick Pierce, Matthew Morano, James Bradley
  • Patent number: 12099510
    Abstract: The disclosed embodiments relate to systems and methods for generating an optimal solution for determining a value for one or more base data objects. A plurality of solutions include one or more composite data objects transacted by a transaction system processor. The composite data objects include the one or more base data objects. An optimal solution is generated by using data indicative of a level of activity and a number of sources for each of the plurality of composite data objects.
    Type: Grant
    Filed: July 20, 2023
    Date of Patent: September 24, 2024
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Seo Wook Jang, Jeon Ho Cho, Bo Miao, Cham Hong Po, Yaotian Zhang, Panagiotis Xythalis, Matthew Morano
  • Patent number: 12056769
    Abstract: Systems and methods for controlling use of a credit pool in connection with electronic trading in a plurality of product groups via a set of match engines are described. Credit data indicative of a current magnitude of the credit pool is obtained. A plurality of allocations of the credit pool are determined, based on the credit pool, across the plurality of product groups. For each allocation of the plurality of allocations, allocation data indicative of the allocation is provided to a respective credit controller of a set of credit controllers. The respective credit controller is disposed at a respective match engine to which a respective product group of the plurality of product groups is assigned. The use of the credit pool for an incoming order in a respective product group is thus limited in accordance with the allocation data provided to the credit controller at the respective match engine.
    Type: Grant
    Filed: August 15, 2022
    Date of Patent: August 6, 2024
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Zachary Bonig, Matthew Morano, Francis Bernard Bakalar, Baris Mestanogullari, James Allen Bailey, Frank Kmiec, Ari L. Studnitzer, Pearce Ian Peck-Walden
  • Publication number: 20230359634
    Abstract: The disclosed embodiments relate to systems and methods for generating an optimal solution for determining a value for one or more base data objects. A plurality of solutions include one or more composite data objects transacted by a transaction system processor. The composite data objects include the one or more base data objects. An optimal solution is generated by using data indicative of a level of activity and a number of sources for each of the plurality of composite data objects.
    Type: Application
    Filed: July 20, 2023
    Publication date: November 9, 2023
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Seo Wook Jang, Jeon Ho Cho, Bo Miao, Cham Hong Po, Yaotian Zhang, Panagiotis Xythalis, Matthew Morano
  • 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
  • Patent number: 11768841
    Abstract: The disclosed embodiments relate to systems and methods for generating an optimal solution for determining a value for one or more base data objects. A plurality of solutions include one or more composite data objects transacted by a transaction system processor. The composite data objects include the one or more base data objects. An optimal solution is generated by using data indicative of a level of activity and a number of sources for each of the plurality of composite data objects.
    Type: Grant
    Filed: November 16, 2021
    Date of Patent: September 26, 2023
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Seo Wook Jang, Jeon Ho Cho, Bo Miao, Cham Hong Po, Yaotian Zhang, Panagiotis Xythalis, Matthew Morano
  • Publication number: 20230298098
    Abstract: The disclosed embodiments relate to ensuring that a selected value, selected, for example, via interaction with a graphic user interface, of a dynamically changing parameter, such as a price, is used when generating an electronic data transaction request message in a data transaction processing system, such as an electronic trading system. The data transaction processing system being a system in which data items, such as financial contracts, e.g., futures contracts, are transacted or otherwise traded by a hardware matching processor that attempts to match electronic data transaction request messages with electronic data transaction request messages counter thereto for the same one of the data items based on multiple transaction parameters. A selected value is temporarily buffered allowing the represented value to update wherein a subsequently generated transaction may be based on the buffered value rather than an updated value.
    Type: Application
    Filed: May 23, 2023
    Publication date: September 21, 2023
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Nicholas Bandy, Matthew Morano
  • Patent number: 11694266
    Abstract: The disclosed embodiments relate to ensuring that a selected value, selected, for example, via interaction with a graphic user interface, of a dynamically changing parameter, such as a price, is used when generating an electronic data transaction request message in a data transaction processing system, such as an electronic trading system. The data transaction processing system being a system in which data items, such as financial contracts, e.g., futures contracts, are transacted or otherwise traded by a hardware matching processor that attempts to match electronic data transaction request messages with electronic data transaction request messages counter thereto for the same one of the data items based on multiple transaction parameters. A selected value is temporarily buffered allowing the represented value to update wherein a subsequently generated transaction may be based on the buffered value rather than an updated value.
    Type: Grant
    Filed: October 31, 2022
    Date of Patent: July 4, 2023
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Nicholas Bandy, Matthew Morano
  • Publication number: 20230092695
    Abstract: Systems and methods are provided for monitoring a plurality of chat messages. Values are extracted from multiple chat messages between a first party and a second party. Context is determined for the values and/or messages. The context is used to determine the relationship between the values, messages, and one or more transactions. Once all values of a transaction are identified, an order ticket is generated.
    Type: Application
    Filed: November 22, 2022
    Publication date: March 23, 2023
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Carrick Pierce, Matthew Morano, James Bradley
  • Publication number: 20230049692
    Abstract: The disclosed embodiments relate to ensuring that a selected value, selected, for example, via interaction with a graphic user interface, of a dynamically changing parameter, such as a price, is used when generating an electronic data transaction request message in a data transaction processing system, such as an electronic trading system. The data transaction processing system being a system in which data items, such as financial contracts, e.g., futures contracts, are transacted or otherwise traded by a hardware matching processor that attempts to match electronic data transaction request messages with electronic data transaction request messages counter thereto for the same one of the data items based on multiple transaction parameters. A selected value is temporarily buffered allowing the represented value to update wherein a subsequently generated transaction may be based on the buffered value rather than an updated value.
    Type: Application
    Filed: October 31, 2022
    Publication date: February 16, 2023
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Nicholas Bandy, Matthew Morano
  • Patent number: 11538108
    Abstract: Systems and methods are provided for monitoring a plurality of chat messages. Values are extracted from multiple chat messages between a first party and a second party. Context is determined for the values and/or messages. The context is used to determine the relationship between the values, messages, and one or more transactions. Once all values of a transaction are identified, an order ticket is generated.
    Type: Grant
    Filed: August 16, 2021
    Date of Patent: December 27, 2022
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Carrick Pierce, Matthew Morano, James Bradley
  • Publication number: 20220391984
    Abstract: Systems and methods for controlling use of a credit pool in connection with electronic trading in a plurality of product groups via a set of match engines are described. Credit data indicative of a current magnitude of the credit pool is obtained. A plurality of allocations of the credit pool are determined, based on the credit pool, across the plurality of product groups. For each allocation of the plurality of allocations, allocation data indicative of the allocation is provided to a respective credit controller of a set of credit controllers. The respective credit controller is disposed at a respective match engine to which a respective product group of the plurality of product groups is assigned. The use of the credit pool for an incoming order in a respective product group is thus limited in accordance with the allocation data provided to the credit controller at the respective match engine.
    Type: Application
    Filed: August 15, 2022
    Publication date: December 8, 2022
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Zachary Bonig, Matthew Morano, Francis Bernard Bakalar, Baris Mestanogullari, James Allen Bailey, Frank Kmiec, Ari L. Studnitzer, Pearce Ian Peck-Walden