Patents by Inventor Robert A. West

Robert A. West 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).

  • SYSTEM AND METHOD FOR PRICE-BASED ANNOTATIONS IN AN ELECTRONIC TRADING ENVIRONMENT
    Publication number: 20140279354
    Abstract: A system and method for generating and displaying annotations in relation to one or more prices corresponding to trader-related or market related events are described. In one embodiment, a trader may enter an annotation to be displayed in relation to one or more price levels. Alternatively, a trader may configure a dynamic annotation to be dynamically displayed in relation to some price level(s) upon detecting a predetermined event related to one or more tradeable objects. Also, a trader may configure one or more alarms to be displayed or played in combination with the annotations.
    Type: Application
    Filed: October 23, 2013
    Publication date: September 18, 2014
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Ryan J. Highland, Robert A. West, Peter F. Ziemkiewicz
  • TRADING INTERFACE FOR FACILITATING TRADING OF MULTIPLE TRADEABLE OBJECTS IN AN ELECTRONIC TRADING ENVIRONMENT
    Publication number: 20140249989
    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: May 15, 2014
    Publication date: September 4, 2014
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Michael J. Burns, Robert A. West, Gerald J. O'Connor, Stephen J. Murphy, Scott F. Singer
  • System and Method for Money Management Using a Plurality of Profit Levels in an Electronic Trading Environment
    Publication number: 20140222647
    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: April 8, 2014
    Publication date: August 7, 2014
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Robert A. West, Michael J. Burns, Peter F. Ziemkiewicz, Ryan J. Highland
  • System and Method For Creating A Market Map In An Electronic Trading Environment
    Publication number: 20140222640
    Abstract: A market map interface displays market information and trader-related information associated with at least two tradable objects. In one embodiment, the at least two graphical interfaces may be linked, and a user may define one or more adjustment parameters to be used to adjust the view of information being displayed via the linked graphical interfaces. For instance, a user may initiate repositioning of one of the linked graphical interfaces, thus, effectively, causing other linked graphical interfaces to be repositioned according to the defined adjustment parameters.
    Type: Application
    Filed: September 5, 2013
    Publication date: August 7, 2014
    Applicant: Trading Technologies International, Inc.
    Inventors: Robert J. Kline, Michael J. Burns, Robert A. West
  • System and method for displaying money management information in an electronic trading environment
    Patent number: 8781949
    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: Grant
    Filed: February 7, 2013
    Date of Patent: July 15, 2014
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns
  • System and method for displaying profit related information in an electronic trading environment
    Patent number: 8781950
    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: May 14, 2013
    Date of Patent: July 15, 2014
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns
  • System and method for displaying market information and order placement in an electronic trading environment
    Patent number: 8775293
    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: Grant
    Filed: August 1, 2013
    Date of Patent: July 8, 2014
    Assignee: Trading Technologies International, Inc
    Inventors: Robert A. West, Michael J. Burns
  • System and method for displaying risk data in an electronic trading environment
    Patent number: 8775289
    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: June 6, 2013
    Date of Patent: July 8, 2014
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns
  • Trading interface for facilitating trading of multiple tradeable objects in an electronic trading environment
    Patent number: 8768822
    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: Grant
    Filed: October 24, 2012
    Date of Patent: July 1, 2014
    Assignee: Trading Technologies International, Inc.
    Inventors: Michael J. Burns, Robert A. West, Gerald J. O'Connor, Stephen J. Murphy, Scott F. Singer
  • System and method for estimating order position
    Patent number: 8762254
    Abstract: A system and method for providing order queue position information are disclosed. In this application, market updates are received for a tradeable object from at least one exchange. To the extent that the market updates do not include enough details to compute the queue position of a trader's working orders, estimation may be used. As a result, an order queue is generated to approximate a trader's order position in an exchange price order queue. An interface may be used to display the generated order queue estimation to the trader which provides valuable trading information.
    Type: Grant
    Filed: December 20, 2012
    Date of Patent: June 24, 2014
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Ryan N. Andrews, Jens-Uwe Schluetter, David W. Garrison, Michael J. Burns
  • SYSTEM AND METHOD FOR SIMULATING AN ELECTRONIC TRADING ENVIRONMENT
    Publication number: 20140172675
    Abstract: Market data is recorded from a real live exchange. The recording data can be played back in real time or delayed, in any manner, to simulate the recorded market. Moreover, one or more users can participate in the simulated market just as if they were participating in a real-live market. The system provides a realistic trading environment without the associated risks of trading in a live-market such as losing money and the cost of making trades. The system may be used for training purposes and for purposes of testing and analyzing various trading strategies. Software developers and testers may also utilize the realistic environment to develop trading products or applications. Additionally, the system provides a means for demonstrating trading application products.
    Type: Application
    Filed: February 20, 2014
    Publication date: June 19, 2014
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Sagy P. Mintz, Robert West, Christos Kondilis
  • System and Method for Providing Electronic Price Feeds for Tradeable Objects
    Publication number: 20140149276
    Abstract: System and methods for a price feed generation are described. According to an example method described herein, upon receiving market information including a plurality of linear prices and order quantities, a reference price level is selected and a price feed message is generated to include the reference price level and the plurality of order quantities. The price feed message is then provided to client terminals.
    Type: Application
    Filed: January 31, 2014
    Publication date: May 29, 2014
    Applicant: Trading Technologies International, Inc.
    Inventors: Jeffrey Pratt, Kevin D. Kahley, Robert A. West
  • System and Method for Graphically Displaying Market Related Data Using Fixed Size Bars
    Publication number: 20140149271
    Abstract: A system and method are provided for displaying market related data, such as traded volume at each price level, or any other trader-selected values, using one or more fixed size bars. In one preferred embodiment, a graphical display interface is provided and includes a plurality of fixed size bars that display traded volume at different price levels. In such an embodiment, the length of each bar may correspond to a predefined maximum value, and each bar may be progressively color-coded using a first graphical format to represent traded volume that is lower than the maximum value. If the traded volume exceeds the maximum value, the overflow value may be represented by progressively color-coding the bar using a second graphical format that may be used in relation to the first graphical format color-coding.
    Type: Application
    Filed: August 15, 2013
    Publication date: May 29, 2014
    Applicant: Trading Technologies International, Inc.
    Inventor: Robert A. West
  • System and method for money management using a plurality of profit levels in an electronic trading environment
    Patent number: 8738510
    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: Grant
    Filed: August 9, 2013
    Date of Patent: May 27, 2014
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns, Peter F. Ziemkiewicz, Ryan J. Highland
  • Method and apparatus for providing order queue information
    Patent number: 8738505
    Abstract: A system and method for providing market information are disclosed. In this application, updates are received for a tradeable object at a price level from at least one exchange. To the extent that the updates do not include enough details to compute the number of orders resting at a particular price level in a market, estimation may be used to provide order queue information. As a result, the number of orders which are pending in the market at various price levels may be determined using the techniques described herein. The interface disclosed herein may be used to display the number and/or quantity of the orders in the order queue.
    Type: Grant
    Filed: June 25, 2012
    Date of Patent: May 27, 2014
    Assignee: Trading Technologies International, Inc.
    Inventors: Ryan N. Andrews, Robert A. West, Jens-Uwe Schluetter, David W. Garrison, Michael J. Burns
  • System and Method for Selectively Displaying Market Information Related to a Plurality of Tradeable Objects
    Publication number: 20140143116
    Abstract: A graphical interface and method are provided for selectively displaying market information corresponding to a plurality of tradeable objects. According to one example method, a scanning feature is provided in relation to a number of tradeable object indicators. Upon detecting a predefined movement of a user input device in relation to the plurality of indicators, a graphical interface dynamically displays market information corresponding to the tradeable objects as a predefined movement of the user input device is detected in relation to the tradeable object indicators.
    Type: Application
    Filed: August 13, 2013
    Publication date: May 22, 2014
    Applicant: Trading Technologies International, Inc.
    Inventors: Charles Lee Mauro, JR., Robert A. West
  • System and method for processing and displaying quantity information during user-configurable time periods
    Patent number: 8732064
    Abstract: A system and method for displaying quantity related information determined for a plurality of time periods are described. According to one method, a trader may define one or more time periods for which a trading application may determine traded quantities, traded buys, traded sells, or other quantity related information at a plurality of price levels during the defined time periods. The trading application may then graphically display the quantities for each time period in relation to the static axis of prices. The method further includes periodically updating the displayed traded quantity to reflect the quantity during the defined time period, where the quantity is updated based on subsequent market updates that are received from the exchange for the tradable object.
    Type: Grant
    Filed: February 25, 2011
    Date of Patent: May 20, 2014
    Assignee: Trading Technologies International, Inc
    Inventors: Scott F. Singer, Michael J. Burns, Robert A. West, Stephen A. Schwarz
  • System and Method for Money Management in Electronic Trading Environment
    Publication number: 20140129415
    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: January 13, 2014
    Publication date: May 8, 2014
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Michael J. Burns, Robert A. West, Harris Brumfield, Peter F. Ziemkiewicz
  • SYSTEM AND METHOD FOR FACILITATING TRADING OF MULTIPLE TRADEABLE OBJECTS IN AN ELECTRONIC TRADING ENVIRONMENT
    Publication number: 20140122319
    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: January 7, 2014
    Publication date: May 1, 2014
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Michael J. Burns, Robert A. West, Gerald J. O'Connor, Stephen J. Murphy
  • System and Method for Displaying Risk Data in an Electronic Trading Environment
    Publication number: 20140108217
    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: June 6, 2013
    Publication date: April 17, 2014
    Inventors: Robert A. West, Michael J. Burns