Patents by Inventor Michael E. Culhane, II

Michael E. Culhane, II 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).

  • Out of Band Credit Control
    Publication number: 20110258109
    Abstract: Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a match system. The system includes a credit control module, which may be located at the back-end (e.g., clearinghouse), front end, a combination thereof, or other location that communicates with the plurality of trading engines. The credit control may monitor aggregate risk parameters for the trading engines and requests credits from trading engines.
    Type: Application
    Filed: June 29, 2011
    Publication date: October 20, 2011
    Applicant: CHICAGO MERCANTILE EXCHANGE, INC.
    Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
  • Out of band credit control
    Patent number: 7996301
    Abstract: Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a match system. The system includes a credit control module, which may be located at the back-end (e.g., clearinghouse), front end, a combination thereof, or other location that communicates with the plurality of trading engines. The credit control may monitor aggregate risk parameters for the trading engines and requests credits from trading engines.
    Type: Grant
    Filed: May 12, 2010
    Date of Patent: August 9, 2011
    Assignee: Chicago Mercantile Exchange, Inc.
    Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
  • Out of band credit control
    Patent number: 7987135
    Abstract: Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a credit control module that communicates with the plurality of trading engines. The credit control monitors aggregate risk parameters for the trading engines and requests credits from trading engines.
    Type: Grant
    Filed: August 20, 2007
    Date of Patent: July 26, 2011
    Assignee: Chicago Mercantile Exchange, Inc.
    Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
  • Out of Band Credit Control
    Publication number: 20100223201
    Abstract: Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a match system. The system includes a credit control module, which may be located at the back-end (e.g., clearinghouse), front end, a combination thereof, or other location that communicates with the plurality of trading engines. The credit control may monitor aggregate risk parameters for the trading engines and requests credits from trading engines.
    Type: Application
    Filed: May 12, 2010
    Publication date: September 2, 2010
    Applicant: CHICAGO MERCANTILE EXCHANGE, INC.
    Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
  • OUT OF BAND CREDIT CONTROL
    Publication number: 20090055303
    Abstract: Systems and methods are provided that can provide credit control monitoring across any number of trading engines without adding any performance or scalability limitations.
    Type: Application
    Filed: August 20, 2007
    Publication date: February 26, 2009
    Applicant: Chicago Mercantile Exchange, Inc.
    Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer