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).

  • Patent number: 8694414
    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: Grant
    Filed: July 9, 2012
    Date of Patent: April 8, 2014
    Assignee: Trading Technologies International, Inc
    Inventors: Sagy P. Mintz, Robert West, Christos Kondilis
  • Publication number: 20140095369
    Abstract: A system and method for an event driven virtual workspace are described. According to one example method, a trader can define a plurality of windows to be associated with a virtual workspace. Also, the trader could define one or more triggering events, the combination of which may be used to activate the virtual workspace. In such an embodiment, when the system detects the one or more triggers, the system can attempt to activate the virtual workspace. According to the example method, the trader may place a number of limiting conditions before any states of the currently displayed windows are modified such that the triggered virtual workspace could be displayed. If no limiting conditions are detected, the system can display the triggered virtual workspace.
    Type: Application
    Filed: July 24, 2013
    Publication date: April 3, 2014
    Applicant: Trading Technologies International, Inc.
    Inventor: Robert A. West
  • Patent number: 8682765
    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: Grant
    Filed: June 8, 2012
    Date of Patent: March 25, 2014
    Assignee: Trading Technologies International, Inc.
    Inventors: Michael J. Burns, Robert A. West, Harris Brumfield, Peter F. Ziemkiewicz
  • Patent number: 8682782
    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: Grant
    Filed: January 2, 2013
    Date of Patent: March 25, 2014
    Assignee: Trading Technologies International, Inc.
    Inventors: Jeffrey Pratt, Kevin D. Kahley, Robert A. West
  • Patent number: 8655766
    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: June 29, 2010
    Date of Patent: February 18, 2014
    Assignee: Trading Technologies International, Inc
    Inventors: Michael J. Burns, Robert A. West, Gerald J. O'Connor, Stephen J. Murphy
  • Publication number: 20130325689
    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: August 9, 2013
    Publication date: December 5, 2013
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Robert A. West, Michael J. Burns, Peter F. Ziemkiewicz, Ryan J. Highland
  • Patent number: 8600868
    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: Grant
    Filed: January 16, 2013
    Date of Patent: December 3, 2013
    Assignee: Trading Technologies International, Inc
    Inventors: Ryan J. Highland, Robert A. West, Peter F. Ziemkiewicz
  • Publication number: 20130317973
    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: August 1, 2013
    Publication date: November 28, 2013
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Robert A. West, Michael J. Burns
  • Patent number: 8577765
    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: July 17, 2009
    Date of Patent: November 5, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns
  • Patent number: 8560433
    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: Grant
    Filed: March 24, 2013
    Date of Patent: October 15, 2013
    Assignee: Trading Technologies International, Inc
    Inventors: Robert J. Kline, Michael J. Burns, Robert A. West
  • Patent number: 8554664
    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: Grant
    Filed: September 12, 2012
    Date of Patent: October 8, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Charles Lee Mauro, Jr., Robert A. West
  • Patent number: 8543492
    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: November 29, 2012
    Date of Patent: September 24, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns
  • Patent number: 8538862
    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: Grant
    Filed: December 13, 2012
    Date of Patent: September 17, 2013
    Assignee: Trading Technologies International, Inc.
    Inventor: Robert A. West
  • Patent number: 8533102
    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: March 5, 2010
    Date of Patent: September 10, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns, Peter F. Ziemkiewicz, Ryan J. Highland
  • Patent number: 8521641
    Abstract: A system and method for an event driven virtual workspace are described. According to one example method, a trader can define a plurality of windows to be associated with a virtual workspace. Also, the trader could define one or more triggering events, the combination of which may be used to activate the virtual workspace. In such an embodiment, when the system detects the one or more triggers, the system can attempt to activate the virtual workspace. According to the example method, the trader may place a number of limiting conditions before any states of the currently displayed windows are modified such that the triggered virtual workspace could be displayed. If no limiting conditions are detected, the system can display the triggered virtual workspace.
    Type: Grant
    Filed: October 19, 2011
    Date of Patent: August 27, 2013
    Assignee: Trading Technologies International, Inc.
    Inventor: Robert A. West
  • Patent number: 8484114
    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: September 26, 2012
    Date of Patent: July 9, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns
  • Patent number: 8452690
    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 tradable object, or an open profit level determined based on the realized and net profit levels.
    Type: Grant
    Filed: March 5, 2010
    Date of Patent: May 28, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns, Peter F. Ziemkiewicz, Ryan J. Highland
  • Patent number: 8438103
    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: Grant
    Filed: July 26, 2012
    Date of Patent: May 7, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert J. Kline, Michael J. Burns, Robert A. West
  • Patent number: 8433642
    Abstract: A system and method for prioritized data delivery in an electronic trading environment are described herein. According to one example embodiment, by prioritizing the messages associated with a tradeable object, the bandwidth and system resource usage may be optimally reduced, and any loss of priority content in the messages sent between the network device and the client device may be reduced. An example method includes associating different priority levels with messages comprising market data. Messages containing market information related to the inside market may be associated to a higher priority level. Whereas messages containing market information relating to the quantities at prices outside the inside market may be associated with a lower priority level. Based on the priority level associated with a message, a network device may send the message directly to the client device or store the message in a data structure until a pre-defined condition is satisfied.
    Type: Grant
    Filed: April 5, 2011
    Date of Patent: April 30, 2013
    Assignee: Trading Technologies International, Inc
    Inventors: Douglas R. Duquette, Robert A. West
  • Patent number: 8396784
    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: July 16, 2009
    Date of Patent: March 12, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Robert A. West, Michael J. Burns