Patents by Inventor Rich Jaycobs

Rich Jaycobs 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).

  • Patent number: 12614230
    Abstract: An exchange through which swap contracts may be traded. Embodiments may allow a trader to announce a potential crossing before the crossing is requested. The user may then request the crossing between two parties. An announcement window may be kept open through a chaining of announcements. An interloper with a same price but better time than a party to the cross may be kept out of interloping in the cross. A ticker symbol system may list a clearinghouse to be used to execute a requested cross.
    Type: Grant
    Filed: February 23, 2024
    Date of Patent: April 28, 2026
    Assignee: BGC PARTNERS, INC.
    Inventors: Rich Jaycobs, Howard W. Lutnick, Mike Sweeting
  • Patent number: 12608744
    Abstract: An apparatus, method, and non-transitory medium for betting on weather predictions are disclosed herein. A plurality of longitude and latitude coordinate pairs may be received from a remote device. The display device may render data on a graphical user interface representing a binary option based on whether a storm will make landfall within the certain radius. The display device may show a plurality of landfall probabilities on the map. A request to purchase the binary option may be received. It may be determined whether the landfall location corresponds to a zip code associated with the given longitude latitude pair in the memory.
    Type: Grant
    Filed: November 28, 2023
    Date of Patent: April 21, 2026
    Assignee: CFPH, LLC
    Inventor: Rich Jaycobs
  • Publication number: 20250156950
    Abstract: An apparatus, method, and non-transitory medium for betting on weather predictions are disclosed herein. A plurality of longitude and latitude coordinate pairs may be received from a remote device. The display device may render data representing a binary option based on whether a storm will make landfall within the certain radius. A request to purchase the binary option may be received. It may be determined whether the landfall location corresponds to a zip code associated with the given longitude latitude pair in the memory.
    Type: Application
    Filed: January 14, 2025
    Publication date: May 15, 2025
    Inventor: Rich Jaycobs
  • Publication number: 20250111434
    Abstract: Some embodiments relate to configuring and managing financial instruments such as binary options having a financial value based on the outcome of at least one a weather-related event. In some embodiments, a binary option may be specified. The binary option may have a financial value tied to one or more weather outcomes, location parameter(s), and time parameter(s). The binary option may be issued and traded on a primary and secondary market.
    Type: Application
    Filed: December 12, 2024
    Publication date: April 3, 2025
    Inventors: Howard W. Lutnick, Rich Jaycobs, Nolan Glantz, James Les Walker
  • Patent number: 12254514
    Abstract: An apparatus, method, and non-transitory medium for betting on weather predictions are disclosed herein. A plurality of longitude and latitude coordinate pairs may be received from a remote device. The display device may render data representing a binary option based on whether a storm will make landfall within the certain radius. A request to purchase the binary option may be received. It may be determined whether the landfall location corresponds to a zip code associated with the given longitude latitude pair in the memory.
    Type: Grant
    Filed: September 15, 2023
    Date of Patent: March 18, 2025
    Assignee: CFPH, LLC
    Inventor: Rich Jaycobs
  • Publication number: 20240428334
    Abstract: Methods, apparatuses and article of manufactures for receiving a plurality of bids and offers for a binary options transaction. Each bid and offer comprises a quantity and a price. At least one rule is applied to the plurality of received bids and offers. At least one of the plurality of bids and offers is determined to be potentially manipulative. An alert that the at least one bid or offer is potentially manipulative is transmitted.
    Type: Application
    Filed: September 5, 2024
    Publication date: December 26, 2024
    Inventors: Rich Jaycobs, Nolan Glantz, James Les Walker
  • Publication number: 20240394795
    Abstract: Methods, apparatuses, and article of manufactures for receiving a plurality of bids and offers for a binary options instrument. Each bid and offer comprises a quantity and a price. A subset of bids and offers from the plurality of received bids and offers is generated. At least one rule is applied to the subset of bids and offers to generate a reduced subset of bids and offers. A binary options index is computed from the reduced subset of bids and offers. A request for a binary options transaction that is based on the computer binary options index is received.
    Type: Application
    Filed: August 8, 2024
    Publication date: November 28, 2024
    Inventors: Rich Jaycobs, Nolan Glantz, James Les Walker
  • Publication number: 20240346588
    Abstract: Various embodiments comprise systems, methods, and computer-readable media for configuring and trading binary options. A first index may be configured, e.g., based on a portfolio configured by a user. One or more second indices may be determined. A binary option may pay out if the first index outperforms the one or more second indices, e.g., over a period of time. The binary option may be traded in the primary and secondary markets.
    Type: Application
    Filed: June 25, 2024
    Publication date: October 17, 2024
    Inventors: Rich Jaycobs, Thomas D. Bradshaw, Jason Poulos
  • Publication number: 20240331039
    Abstract: Methods, apparatus and article of manufactures for providing seamless transitions between graphical images on a binary options interface. A user-input is received on a touch-sensitive display of the binary options interface. The user-input corresponds to a request for a transformation of a graphical image that is displayed on the binary options interface. The binary options interface is integrated into a mobile device. In response to the user-input, an updated graphical image is generated. The updated graphical image is displayed to replace the graphical image on the binary options interface. The graphical image to the updated graphical image comprises a continuously displayed image.
    Type: Application
    Filed: June 10, 2024
    Publication date: October 3, 2024
    Inventors: Rich Jaycobs, Nolan Glantz, James Les Walker
  • Patent number: 12106370
    Abstract: Methods, apparatuses and article of manufactures for receiving a plurality of bids and offers for a binary options transaction. Each bid and offer comprises a quantity and a price. At least one rule is applied to the plurality of received bids and offers. At least one of the plurality of bids and offers is determined to be potentially manipulative. An alert that the at least one bid or offer is potentially manipulative is transmitted.
    Type: Grant
    Filed: June 27, 2023
    Date of Patent: October 1, 2024
    Assignee: CFPH, LLC
    Inventors: Rich Jaycobs, Nolan Glantz, James Les Walker
  • Patent number: 12086881
    Abstract: Methods, apparatuses, and article of manufactures for receiving a plurality of bids and offers for a binary options instrument. Each bid and offer comprises a quantity and a price. A subset of bids and offers from the plurality of received bids and offers is generated. At least one rule is applied to the subset of bids and offers to generate a reduced subset of bids and offers. A binary options index is computed from the reduced subset of bids and offers. A request for a binary options transaction that is based on the computer binary options index is received.
    Type: Grant
    Filed: May 30, 2023
    Date of Patent: September 10, 2024
    Assignee: CFPH, LLC
    Inventors: Rich Jaycobs, Nolan Glantz, James Les Walker
  • Patent number: 12051109
    Abstract: Various embodiments comprise systems, methods, and computer-readable media for configuring and trading binary options. A first index may be configured, e.g., based on a portfolio configured by a user. One or more second indices may be determined. A binary option may pay out if the first index outperforms the one or more second indices, e.g., over a period of time. The binary option may be traded in the primary and secondary markets.
    Type: Grant
    Filed: July 13, 2020
    Date of Patent: July 30, 2024
    Assignee: CFPH, LLC
    Inventors: Rich Jaycobs, Thomas D. Bradshaw, Jason Poulos
  • Publication number: 20240193691
    Abstract: An exchange through which swap contracts may be traded. Embodiments may allow a trader to announce a potential crossing before the crossing is requested. The user may then request the crossing between two parties. An announcement window may be kept open through a chaining of announcements. An interloper with a same price but better time than a party to the cross may be kept out of interloping in the cross. A ticker symbol system may list a clearinghouse to be used to execute a requested cross.
    Type: Application
    Filed: February 23, 2024
    Publication date: June 13, 2024
    Inventors: Rich Jaycobs, Howard W. Lutnick, Mike Sweeting
  • Patent number: 11941695
    Abstract: An exchange through which swap contracts may be traded. Embodiments may allow a trader to announce a potential crossing before the crossing is requested. The user may then request the crossing between two parties. An announcement window may be kept open through a chaining of announcements. An interloper with a same price but better time than a party to the cross may be kept out of interloping in the cross. A ticker symbol system may list a clearinghouse to be used to execute a requested cross.
    Type: Grant
    Filed: August 15, 2022
    Date of Patent: March 26, 2024
    Assignee: BGC PARTNERS, INC.
    Inventors: Rich Jaycobs, Howard W. Lutnick, Mike Sweeting
  • Publication number: 20240095827
    Abstract: An apparatus, method, and non-transitory medium for betting on weather predictions are disclosed herein. A plurality of longitude and latitude coordinate pairs may be received from a remote device. The display device may render data on a graphical user interface representing a binary option based on whether a storm will make landfall within the certain radius. The display device may show a plurality of landfall probabilities on the map. A request to purchase the binary option may be received. It may be determined whether the landfall location corresponds to a zip code associated with the given longitude latitude pair in the memory.
    Type: Application
    Filed: November 28, 2023
    Publication date: March 21, 2024
    Inventor: Rich Jaycobs
  • Patent number: 11869082
    Abstract: An apparatus, method, and non-transitory medium for betting on weather predictions are disclosed herein. A plurality of longitude and latitude coordinate pairs may be received from a remote device. The display device may render data on a graphical user interface representing a binary option based on whether a storm will make landfall within the certain radius. The display device may show a plurality of landfall probabilities on the map. A request to purchase the binary option may be received. It may be determined whether the landfall location corresponds to a zip code associated with the given longitude latitude pair in the memory.
    Type: Grant
    Filed: April 26, 2022
    Date of Patent: January 9, 2024
    Assignee: CFPH, LLC
    Inventor: Rich Jaycobs
  • Publication number: 20240005401
    Abstract: An apparatus, method, and non-transitory medium for betting on weather predictions are disclosed herein. A plurality of longitude and latitude coordinate pairs may be received from a remote device. The display device may render data representing a binary option based on whether a storm will make landfall within the certain radius. A request to purchase the binary option may be received. It may be determined whether the landfall location corresponds to a zip code associated with the given longitude latitude pair in the memory.
    Type: Application
    Filed: September 15, 2023
    Publication date: January 4, 2024
    Inventor: Rich Jaycobs
  • Publication number: 20230385931
    Abstract: Methods, apparatuses, and article of manufactures for receiving a plurality of bids and offers for a binary options instrument. Each bid and offer comprises a quantity and a price. A subset of bids and offers from the plurality of received bids and offers is generated. At least one rule is applied to the subset of bids and offers to generate a reduced subset of bids and offers. A binary options index is computed from the reduced subset of bids and offers. A request for a binary options transaction that is based on the computer binary options index is received.
    Type: Application
    Filed: May 30, 2023
    Publication date: November 30, 2023
    Inventors: Rich Jaycobs, Nolan Glantz, James Les Walker
  • Publication number: 20230342848
    Abstract: Methods, apparatuses and article of manufactures for receiving a plurality of bids and offers for a binary options transaction. Each bid and offer comprises a quantity and a price. At least one rule is applied to the plurality of received bids and offers. At least one of the plurality of bids and offers is determined to be potentially manipulative. An alert that the at least one bid or offer is potentially manipulative is transmitted.
    Type: Application
    Filed: June 27, 2023
    Publication date: October 26, 2023
    Inventors: Rich Jaycobs, Nolan Glantz, James Les Walker
  • Patent number: 11798084
    Abstract: An apparatus, method, and non-transitory medium for betting on weather predictions are disclosed herein. A plurality of longitude and latitude coordinate pairs may be received from a remote device. The display device may render data representing a binary option based on whether a storm will make landfall within the certain radius. A request to purchase the binary option may be received. It may be determined whether the landfall location corresponds to a zip code associated with the given longitude latitude pair in the memory.
    Type: Grant
    Filed: November 1, 2021
    Date of Patent: October 24, 2023
    Assignee: CFPH, LLC
    Inventor: Rich Jaycobs