Patents by Inventor Michael Burns

Michael Burns 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: 20070181099
    Abstract: A control system for a low cost, light duty combustion engine, where the control system generally utilizes an engine speed input signal and independent operating sequences to determine a desired ignition timing. There are several independent operating sequences, each one of which is designed to optimally control the engine under certain conditions. These operating sequences include a Cranking sequence, a Warm Up sequence, a Normal Mode sequence, an Acceleration sequence, a Come Down sequence, a Recovery Bump sequence, and a Part Throttle sequence. During idling conditions, the Normal Mode sequence uses rapid changes in the ignition timing to maintain the engine speed in a small, idle engine speed range. By utilizing these operational sequences, the control system improves the performance of a low cost, light duty engine across a wide array of conditions.
    Type: Application
    Filed: April 3, 2007
    Publication date: August 9, 2007
    Inventors: Martin Andersson, Kevin Born, Michael Burns, George Pattullo
  • Publication number: 20070156570
    Abstract: A graphical interface and method are provided for displaying market information corresponding to a tradeable object. One graphical interface includes a chart region for displaying historical market data in relation to a first value axis, and a market grid region in alignment with the chart region. The market grid region comprises a plurality of areas for receiving commands from a user input device to send trade orders, and the areas are displayed in relation to a second value axis. A plurality of values displayed along the second value axis is a subset of values displayed in relation to the first value axis, and can be modified to a new plurality of values that corresponds to a new subset of values on the first value axis.
    Type: Application
    Filed: May 2, 2006
    Publication date: July 5, 2007
    Inventors: Scott Singer, Michael Burns, Stephen Decker
  • Publication number: 20070156565
    Abstract: A graphical interface and method are provided for displaying market information corresponding to a tradeable object. One graphical interface includes a chart region for displaying historical market data in relation to a first value axis, and a market grid region in alignment with the chart region. The market grid region comprises a plurality of areas for receiving commands from a user input device to send trade orders, and the areas are displayed in relation to a second value axis. A plurality of values displayed along the second value axis is a subset of values displayed in relation to the first value axis, and can be modified to a new plurality of values that corresponds to a new subset of values on the first value axis.
    Type: Application
    Filed: December 29, 2005
    Publication date: July 5, 2007
    Inventors: Scott Singer, Michael Burns, Stephen Decker
  • Publication number: 20070100736
    Abstract: The present embodiments include methods, systems, and computer program products that provide tools for use in any type of electronic trading environment. In one aspect, leaning manager includes software that can be implemented on any type of computer device for tracking and/or coordinating the buying and selling of available market quantities by multiple automated or semi-automated trading tools. For instance, if more than one automated or semi-automated trading tool is leaning on the same tradeable object then the leaning manager may track and/or coordinate such action. The trading tools can use the tracked information and/or the allocated quantities and their prices to enhance their trading strategies.
    Type: Application
    Filed: May 2, 2006
    Publication date: May 3, 2007
    Inventors: Scott Singer, Mark Musgrave, Michael Burns
  • Publication number: 20070078752
    Abstract: A system and associated methods are provided for intelligent placement and movement of orders in an electronic trading environment. According to one example method, in addition to submitting a leg order at a calculated price level, additional orders, queue holder orders, are submitted for the leg order at prices either below or above the calculated price level. Based on this configuration, if the conditions change such that it is necessary to re-price the leg order, there will be already an order resting in the exchange order book at the re-calculated price that can be used in the strategy. Upon re-pricing the leg order, one or more additional queue holder orders will be placed in the market. Other tools are provided as well.
    Type: Application
    Filed: May 2, 2006
    Publication date: April 5, 2007
    Inventors: Michael Burns, Sagy Mintz, Eric Herz, Alexander Deitz
  • Publication number: 20070078749
    Abstract: A system and associated methods are provided for intelligent placement and movement of orders in an electronic trading environment. According to one example method, in addition to submitting a leg order at a calculated price level, additional orders, queue holder orders, are submitted for the leg order at prices either below or above the calculated price level. Based on this configuration, if the conditions change such that it is necessary to re-price the leg order, there will be already an order resting in the exchange order book at the re-calculated price that can be used in the strategy. Upon re-pricing the leg order, one or more additional queue holder orders will be placed in the market. Other tools are provided as well.
    Type: Application
    Filed: September 30, 2005
    Publication date: April 5, 2007
    Inventors: Michael Burns, Sagy Mintz, Eric Herz, Alexander Deitz
  • Publication number: 20060265314
    Abstract: A system and method are provided to intelligently limit the frequency at which automated or semi-automated trading tools move or re-price orders in an exchange order book. A tolerance may be input that limits when one or more orders in the exchange order book are moved from one price to another. The system and method assist in reducing the number of orders that are entered into the system which can lead to reduced exchange transaction fees, lost queue position, and reduce network bandwidth consumption.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 23, 2006
    Inventors: Scott Singer, Steven Carroll, Michael Burns
  • Publication number: 20060265303
    Abstract: Tools for trading and monitoring a commodity on an electronic exchange using a graphical user interface and a user input device. The tools will aid the trader in determining the status, trends in the market, and the trader's position in the market.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 23, 2006
    Inventors: Gary Kemp, Jens-Uwe Schluetter, Harris Brumfield, Michael Burns
  • Publication number: 20060265322
    Abstract: An interface for trading multiple tradeable objects includes a price axis or scale. A first indication of quantities represented in a market for a first tradeable object is displayed in association with the price axis or scale. A second indication of quantities represented in the market for a second tradeable object is displayed in association with the price axis or scale. The first tradeable object may be different than the second tradeable object. Alternatively, the first tradeable object and the second tradeable object may be the same, but the indications of quantity may be provided from different sources, such as different exchanges.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 23, 2006
    Applicant: Trading Technologies International, Inc.
    Inventor: Michael Burns
  • Publication number: 20060259409
    Abstract: An estimated spread value is computed that represents a price at which a trader might have been able to buy or sell a spread given the current market conditions of the legs. In particular, when an event occurs in one of the legs, price information is gathered from each of the other legs based on the spread definition, in addition to the defined event, and is used in estimating the value of a spread. According to one feature, the computations may be triggered by any predefined event. According to another feature, the computation may be programmed by a user to tailor the estimation process according to the type of spread being traded. The estimated spread value may be used to analyze spreads, it may be fed to other trading related software tools, or it may be used in charting.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 16, 2006
    Inventors: Michael Burns, John Harris
  • Publication number: 20060259411
    Abstract: An interface for trading multiple tradeable objects includes a price axis or scale. A first indication of quantities represented in a market for a first tradeable object is displayed in association with the price axis or scale. A second indication of quantities represented in the market for a second tradeable object is displayed in association with the price axis or scale. The first tradeable object may be different than the second tradeable object. Alternatively, the first tradeable object and the second tradeable object may be the same, but the indications of quantity may be provided from different sources, such as different exchanges.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 16, 2006
    Applicant: Trading Technologies International, Inc.
    Inventor: Michael Burns
  • Publication number: 20060259382
    Abstract: Tools for trading and monitoring a commodity on an electronic exchange using a graphical user interface and a user input device. The tools will aid the trader in determining the status, trends in the market, and the trader's position in the market.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 16, 2006
    Inventors: Gary Kemp, Jens-Uwe Schluetter, Harris Brumfield, Michael Burns
  • Publication number: 20060259414
    Abstract: A system and method are provided to intelligently limit the frequency at which automated or semi-automated trading tools move or re-price orders in an exchange order book. A tolerance may be input that limits when one or more orders in the exchange order book are moved from one price to another. The system and method assist in reducing the number of orders that are entered into the system which can lead to reduced exchange transaction fees, lost queue position, and reduce network bandwidth consumption.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 16, 2006
    Inventors: Scott Singer, Steven Carroll, Michael Burns
  • Publication number: 20060259395
    Abstract: A system and method for providing order entry devices which are tailored for use in an electronic trading environment are described herein. To assist traders in performing at their most optimum levels, some of the preferred order entry devices include only input mechanisms tailored for fast data entry into a trading terminal. In addition, some of the preferred order entry devices also include output display mechanisms to display market information in direct association with the input mechanisms. The order entry devices may be only a hardware solution or a combination of hardware and software components to allow traders to successfully interface with any particular type of trading software or application.
    Type: Application
    Filed: May 1, 2006
    Publication date: November 16, 2006
    Inventor: Michael Burns
  • Publication number: 20060259401
    Abstract: A system and method for displaying a plurality of profit and risk related indicators are described. A graphical interface displays and dynamically updates a plurality of profit/loss (P/L) indicators including a realized, net, and open indicator. The net and open indicators are based on a trader's net position and a current market level, while the realized indicator is based on trader's buys and sells associated with a tradeable objects. In one embodiment, the plurality of indicators are displayed in relation to a plurality of money management regions defining a maximum order quantity and a maximum net position controlling the trader's trades, so that a trader can quickly determine his current as well as potential money management parameters.
    Type: Application
    Filed: May 2, 2006
    Publication date: November 16, 2006
    Inventors: Robert West, Michael Burns
  • Publication number: 20060259402
    Abstract: A system and method for displaying a plurality of profit and risk related indicators are described. A graphical interface displays and dynamically updates a plurality of profit/loss (P/L) indicators including a realized, net, and open indicator. The net and open indicators are based on a trader's net position and a current market level, while the realized indicator is based on trader's buys and sells associated with a tradeable objects. In one embodiment, the plurality of indicators are displayed in relation to a plurality of money management regions defining a maximum order quantity and a maximum net position controlling the trader's trades, so that a trader can quickly determine his current as well as potential money management parameters.
    Type: Application
    Filed: May 2, 2006
    Publication date: November 16, 2006
    Inventors: Robert West, Michael Burns
  • Publication number: 20060259383
    Abstract: Tools for trading and monitoring a commodity on an electronic exchange using a graphical user interface and a user input device. The tools will aid the trader in determining the status, trends in the market, and the trader's position in the market.
    Type: Application
    Filed: May 3, 2006
    Publication date: November 16, 2006
    Inventors: Gary Kemp, Jens-Uwe Schluetter, Harris Burmfield, Michael Burns
  • Publication number: 20060259396
    Abstract: A system and method for money management in an electronic trading environment are presented. According to one embodiment, a trader may configure a plurality of filters, each including at least one filter criteria and filter condition. When a money management module detects a new order, the money management module intercepts the order and determines if the order matches one or more predefined filters. If the order matches one or more filters then conditions associated with the applicable filter(s) are applied to the order. The application of one or more conditions to an order may result in sending a modified order, preventing the order from reaching the exchange, or sending order to the exchange without any modifications.
    Type: Application
    Filed: May 2, 2006
    Publication date: November 16, 2006
    Inventors: Michael Burns, Robert West, Harris Brumfield, Peter Ziemkiewicz
  • Publication number: 20060253377
    Abstract: A trading system is described herein for hosting a collection of one or more electronic exchanges. The collection of electronic exchanges may be made up of separately designated exchanges under one or more authorizing and regulating bodies. The trading system receives from traders bids to purchase and offers to sell a tradeable object listed at one of the electronic exchanges. Then, the trading system directs the bids and offers to the appropriate exchange where the bids and offers may be automatically matched in the corresponding market. The trading system may also be used to take actions in one or more markets that are internal and external to the trading system on behalf of a trader using preprogrammed trading instructions.
    Type: Application
    Filed: May 2, 2006
    Publication date: November 9, 2006
    Inventors: Michael Burns, Fred Monroe
  • Publication number: 20060247997
    Abstract: A system and method for money management in an electronic trading environment are presented. According to one embodiment, a money management application intercepts an order before the order is sent to an exchange, and determines a plurality of P/L levels, based on which the money management application then selects a set of money management parameters to be used to control or modify order parameters before the order is sent to the exchange. The plurality of profit levels may include a net profit level determined based on a trader's net position and a current market level, a realized profit level determined based on trader's sells and buys associated with the tradeable object, or an open profit level determined based on the realized and net profit levels.
    Type: Application
    Filed: May 2, 2006
    Publication date: November 2, 2006
    Inventors: Robert West, Michael Burns, Peter Ziemkiewicz, Ryan Highland