Patents by Inventor Michael J. Burns

Michael J. 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: 20180240188
    Abstract: An example graphical interface and method for displaying risk related data are described. One example graphical interface includes a data structure comprising a plurality of data nodes and at least one risk data point associated with each node, and further comprises a display grid. The display grid includes one or more cells that are used for displaying selected data nodes and risk data points. Each cell may be associated with a single data node, and may include one or more identifiers corresponding to risk data points of the data node. In one example embodiment, the identifiers are aligned along a single axis, and risk related data corresponding to each identifier is aligned with respect to each corresponding identifier.
    Type: Application
    Filed: April 19, 2018
    Publication date: August 23, 2018
    Inventors: Robert A. WEST, Michael J. BURNS
  • Publication number: 20180225762
    Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradeable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.
    Type: Application
    Filed: April 6, 2018
    Publication date: August 9, 2018
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Michael J. Burns, Scott F. Singer, Fred Monroe, David Babulak, Harris C. Brumfield
  • Publication number: 20180225761
    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 object. 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: April 6, 2018
    Publication date: August 9, 2018
    Inventors: Robert A. West, Michael J. Burns
  • Patent number: 10043215
    Abstract: A graphical interface and method are provided for displaying market information corresponding to a tradable 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: Grant
    Filed: May 31, 2017
    Date of Patent: August 7, 2018
    Assignee: Trading Technologies International, Inc.
    Inventors: Scott F. Singer, Michael J. Burns, Stephen P. Decker
  • Patent number: 10037567
    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: Grant
    Filed: May 3, 2006
    Date of Patent: July 31, 2018
    Assignee: Trading Technologies International, Inc.
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Harris C. Brumfield, Michael J. Burns, Scott F. Singer
  • Patent number: 9990675
    Abstract: Certain embodiments provide a method for trading in an electronic trading environment including receiving market data relating to a plurality of tradeable objects; sending a order to an exchange for the first tradeable object at a quoted price; receiving a fill confirmation for the quoting order at a filled price; determining a difference between the quoted price and the filled price; determining a hedge price for each of the plurality of tradeable objects other than the first tradeable object based at least in part on the difference and at least one multiplier associated with at least one leg of the trading strategy; and sending hedge orders for each of the plurality of tradeable objects other than the first tradeable object at the corresponding hedge price. The plurality of tradeable objects includes at least a first, second, and third tradeable object, which are traded as legs of a trading strategy.
    Type: Grant
    Filed: July 17, 2014
    Date of Patent: June 5, 2018
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy Pundak Mintz, Michael J. Burns
  • Patent number: 9984413
    Abstract: An example graphical interface and method for displaying risk related data are described. One example graphical interface includes a data structure comprising a plurality of data nodes and at least one risk data point associated with each node, and further comprises a display grid. The display grid includes one or more cells that are used for displaying selected data nodes and risk data points. Each cell may be associated with a single data node, and may include one or more identifiers corresponding to risk data points of the data node. In one example embodiment, the identifiers are aligned along a single axis, and risk related data corresponding to each identifier is aligned with respect to each corresponding identifier.
    Type: Grant
    Filed: October 26, 2017
    Date of Patent: May 29, 2018
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns
  • Patent number: 9972050
    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 object. 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: Grant
    Filed: September 28, 2017
    Date of Patent: May 15, 2018
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns
  • Patent number: 9972049
    Abstract: The present embodiments are provided to facilitate the automatic trading of spreads in a fast and accurate manner. One or more market data feeds that contain market information for tradeable objects are received at an exchange. A spread data feed is generated in response to the market data feeds and from one or more spread setting parameters, which can be entered by a user. The spread data feed is preferably displayed in a spread window as bid and ask quantities associated with an axis or scale of prices. The user can enter orders in the spread window and the legs will be automatically worked to achieve, or attempt to achieve, the spread. In addition, other tools disclosed herein may be utilized to assist the user in making such trades.
    Type: Grant
    Filed: May 22, 2014
    Date of Patent: May 15, 2018
    Assignee: Trading Technologies International, Inc.
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Michael J. Burns, Scott F. Singer, Fred Monroe, David Babulak, Harris C. Brumfield
  • Publication number: 20180047104
    Abstract: An example graphical interface and method for displaying risk related data are described. One example graphical interface includes a data structure comprising a plurality of data nodes and at least one risk data point associated with each node, and further comprises a display grid. The display grid includes one or more cells that are used for displaying selected data nodes and risk data points. Each cell may be associated with a single data node, and may include one or more identifiers corresponding to risk data points of the data node. In one example embodiment, the identifiers are aligned along a single axis, and risk related data corresponding to each identifier is aligned with respect to each corresponding identifier.
    Type: Application
    Filed: October 26, 2017
    Publication date: February 15, 2018
    Inventors: Robert A. WEST, Michael J. BURNS
  • Patent number: 9886955
    Abstract: Described are techniques for performing system management such as a system including one or more data storage systems or appliances. User input may be received by a chat processing engine. The user input may be a natural language input to perform a request. The user input may be received from a management application used to perform data storage management. The chat processing engine may perform first processing of the user input to determine a response to the request. The response may be sent to the management application. The natural language input from a user may be in the form of text or voice that is converted to text for processing by the chat processing engine.
    Type: Grant
    Filed: June 29, 2016
    Date of Patent: February 6, 2018
    Assignee: EMC IP Holding Company LLC
    Inventors: Brian R. Tetreault, Megan R. Ahigian, Daniel K. O'Reilly, Jr., Michael J. Burns
  • Publication number: 20180018733
    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 object. 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: September 28, 2017
    Publication date: January 18, 2018
    Inventors: Robert A. West, Michael J. Burns
  • Publication number: 20180012303
    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: September 25, 2017
    Publication date: January 11, 2018
    Inventors: Gary Allan Kemp, II, Jens-Uwe Schluetter, Michael J. Burns, Scott F. Singer, Harris C. Brumfield
  • Publication number: 20170352097
    Abstract: A system and method are provided for trading multiple tradeable objects. One example method includes displaying at least one combined quantity indicator representing a combined quantity associated with at least two tradeable objects, detecting an input associated with an order for a predetermined order quantity in relation to one of the combined quantity indicators, and allocating the order quantity between the at least two tradeable objects using at least one quantity allocation rule. In one example embodiment, a plurality of quantity allocation rules can be user-configurable, and different rules can be defined and applied in relation to different order types.
    Type: Application
    Filed: August 22, 2017
    Publication date: December 7, 2017
    Inventors: Michael J. BURNS, Robert A. WEST, Gerald J. O'CONNOR, Stephen J. MURPHY, Scott F. SINGER
  • Patent number: 9830653
    Abstract: An example graphical interface and method for displaying risk related data are described. One example graphical interface includes a data structure comprising a plurality of data nodes and at least one risk data point associated with each node, and further comprises a display grid. The display grid includes one or more cells that are used for displaying selected data nodes and risk data points. Each cell may be associated with a single data node, and may include one or more identifiers corresponding to risk data points of the data node. In one example embodiment, the identifiers are aligned along a single axis, and risk related data corresponding to each identifier is aligned with respect to each corresponding identifier.
    Type: Grant
    Filed: May 29, 2014
    Date of Patent: November 28, 2017
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns
  • Publication number: 20170337630
    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: August 4, 2017
    Publication date: November 23, 2017
    Inventor: Michael J. BURNS
  • Patent number: 9824395
    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 object. 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: Grant
    Filed: June 30, 2017
    Date of Patent: November 21, 2017
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns
  • Publication number: 20170301019
    Abstract: The present embodiments relate to charting multiple markets. In some embodiments, charting multiple markets may include receiving market data for a plurality of tradeable objects. The plurality of tradeable objects may include an anchor object and at least one non-anchor object. The market data may include anchor object price data for the anchor object and non-anchor price data for the at least one non-anchor object. The non-anchor object price data may be converted based on the anchor object price data such that converted non-anchor object price data has a price scale of the anchor object price data. The anchor object price data and the non-anchor object price data may be displayed along a normalized price axis.
    Type: Application
    Filed: June 26, 2017
    Publication date: October 19, 2017
    Inventors: Michael J. BURNS, Douglas R. DUQUETTE, Brian J. BUCK
  • Publication number: 20170301022
    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 object. 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: June 30, 2017
    Publication date: October 19, 2017
    Inventors: Robert A. West, Michael J. Burns
  • Publication number: 20170301025
    Abstract: A system and method are provided for displaying a trading screen and placing an order in an electronic trading environment. The system and method may be used to assist a trader in selecting an item of interest, such as the inside market (best bid and best ask) to be displayed relative to a user configured location on the trading screen, such as the center of the trading screen. In a preferred embodiment, the inside market will stay located relative to center of the trading screen and the price levels associated to the inside market will move as the market conditions fluctuate. Other features and advantages are described herein.
    Type: Application
    Filed: July 5, 2017
    Publication date: October 19, 2017
    Inventors: Robert A. West, Michael J. Burns