Patents by Inventor Roberta Paffaro
Roberta Paffaro 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).
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Patent number: 10839459Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders. The actions in the electronic trading system may have times specified within the electronic message for the action to be executed.Type: GrantFiled: January 9, 2019Date of Patent: November 17, 2020Assignee: Chicago Mercantile Exchange Inc.Inventors: John Labuszewski, Richard Co, John Kerpel, Roberta Paffaro
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Patent number: 10839458Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders and matching orders to counter orders. Matching orders may be based on a priority determined using a market quality index of the order and an associated market participant.Type: GrantFiled: August 7, 2018Date of Patent: November 17, 2020Assignee: Chicago Mercantile Exchange Inc.Inventors: Alan Shontz, John Labuszewski, Richard Co, Steve Peters, David Boberski, Roberta Paffaro, Greg Skony
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Patent number: 10475122Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders and matching orders to counter orders. Matching orders may be based on a priority determined using a market quality index of the order and an associated market participant.Type: GrantFiled: February 1, 2018Date of Patent: November 12, 2019Assignee: Chicago Mercantile Exchange Inc.Inventors: Alan Shontz, John Labuszewski, Richard Co, Steve Peters, David Boberski, Roberta Paffaro
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Publication number: 20190147534Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders. The actions in the electronic trading system may have times specified within the electronic message for the action to be executed.Type: ApplicationFiled: January 9, 2019Publication date: May 16, 2019Inventors: John Labuszewski, Richard Co, John Kerpel, Roberta Paffaro
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Patent number: 10210573Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders. The actions in the electronic trading system may have times specified within the electronic message for the action to be executed.Type: GrantFiled: September 22, 2014Date of Patent: February 19, 2019Assignee: Chicago Mercantile Exchange Inc.Inventors: John Labuszewski, Richard Co, John Kerpel, Roberta Paffaro
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Publication number: 20180342013Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders and matching orders to counter orders. Matching orders may be based on a priority determined using a market quality index of the order and an associated market participant.Type: ApplicationFiled: August 7, 2018Publication date: November 29, 2018Inventors: Alan Shontz, John Labuszewski, Richard Co, Steve Peters, David Boberski, Roberta Paffaro, Greg Skony
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Patent number: 10068291Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders and matching orders to counter orders. Matching orders may be based on a priority determined using a market quality index of the order and an associated market participant.Type: GrantFiled: September 30, 2014Date of Patent: September 4, 2018Assignee: Chicago Mercantile Exchange Inc.Inventors: Alan Shontz, John Labuszewski, Richard Co, Steve Peters, David Boberski, Roberta Paffaro, Greg Skony
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Publication number: 20180174239Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders and matching orders to counter orders. Matching orders may be based on a priority determined using a market quality index of the order and an associated market participant.Type: ApplicationFiled: February 1, 2018Publication date: June 21, 2018Inventors: Alan Shontz, John Labuszewski, Richard Co, Steve Peters, David Boberski, Roberta Paffaro
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Patent number: 9916623Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders and matching orders to counter orders. Matching orders may be based on a priority determined using a market quality index of the order and an associated market participant.Type: GrantFiled: September 30, 2014Date of Patent: March 13, 2018Assignee: Chicago Mercantile Exchange Inc.Inventors: Alan Shontz, John Labuszewski, Richard Co, Steve Peters, David Boberski, Roberta Paffaro
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Publication number: 20160247225Abstract: An implied volatility index, according to at least some embodiments, may be calculated based on implied volatility values associated with a selected number of options whose strike prices surround the current price level in the underlying market. In some cases, the implied volatility index may be used as the value to which various derivative items may be cash-settled, including Exchange-traded securities, futures, and options on all asset classes for open outcry and electronic trading and submission for ex-pit clearing at a central counterparty (CCP) clearing house.Type: ApplicationFiled: February 24, 2015Publication date: August 25, 2016Inventors: John Kerpel, Lori Aldinger, Daniel Grombacher, John Labuszewski, Roberta Paffaro
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Publication number: 20160203555Abstract: A system for moving money between accounts of traders by a central counterparty to facilitate payments, i.e. the movement of funds, there between is disclosed which provides a flexible mechanism which supports simpler accounting, new types of derivatives contracts as well new types fees. The disclosed futures contract, referred to as a “payer” contract, comprises a “no-uncertainty” futures contract, i.e. the initial value and settlement value parameters are defined, that leverages the mechanisms of the clearing system to, for example, accommodate related payments. Accordingly, a 1-to-many relationship between contracts and prices is provided whereby each price component may be assigned its own payer contract. The function of the payer contract may be to guarantee the movement of money from related positions. In one embodiment, payer contracts are dynamically created whenever a payment is needed.Type: ApplicationFiled: March 24, 2016Publication date: July 14, 2016Inventors: John Labuszewski, John Nyhoff, David Boberski, Mike Kamradt, Roberta Paffaro, Edward Gogol, John Wiley, Richard Co, Steve Youngren
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Publication number: 20160203460Abstract: A system for moving money between accounts of traders by a central counterparty to facilitate payments, i.e. the movement of funds, there between is disclosed which provides a flexible mechanism which supports simpler accounting, new types of derivatives contracts as well new types fees. The disclosed futures contract, referred to as a “payer” contract, comprises a “no-uncertainty” futures contract, i.e. the initial value and settlement value parameters are defined, that leverages the mechanisms of the clearing system to, for example, accommodate related payments. Accordingly, a 1-to-many relationship between contracts and prices is provided whereby each price component may be assigned its own payer contract. The function of the payer contract may be to guarantee the movement of money from related positions. In one embodiment, payer contracts are dynamically created whenever a payment is needed.Type: ApplicationFiled: March 24, 2016Publication date: July 14, 2016Inventors: John Labuszewski, John Nyhoff, David Boberski, Mike Kamradt, Roberta Paffaro, Edward Gogol, John Wiley, Richard Co, Steve Youngren
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Publication number: 20160203461Abstract: A system for moving money between accounts of traders by a central counterparty to facilitate payments, i.e. the movement of funds, there between is disclosed which provides a flexible mechanism which supports simpler accounting, new types of derivatives contracts as well new types fees. The disclosed futures contract, referred to as a “payer” contract, comprises a “no-uncertainty” futures contract, i.e. the initial value and settlement value parameters are defined, that leverages the mechanisms of the clearing system to, for example, accommodate related payments. Accordingly, a 1-to-many relationship between contracts and prices is provided whereby each price component may be assigned its own payer contract. The function of the payer contract may be to guarantee the movement of money from related positions. In one embodiment, payer contracts are dynamically created whenever a payment is needed.Type: ApplicationFiled: March 24, 2016Publication date: July 14, 2016Inventors: John Labuszewski, John Nyhoff, David Boberski, Mike Kamradt, Roberta Paffaro, Edward Gogol, John Wiley, Richard Co, Steve Youngren
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Publication number: 20160203459Abstract: A system for moving money between accounts of traders by a central counterparty to facilitate payments, i.e. the movement of funds, there between is disclosed which provides a flexible mechanism which supports simpler accounting, new types of derivatives contracts as well new types fees. The disclosed futures contract, referred to as a “payer” contract, comprises a “no-uncertainty” futures contract, i.e. the initial value and settlement value parameters are defined, that leverages the mechanisms of the clearing system to, for example, accommodate related payments. Accordingly, a 1-to-many relationship between contracts and prices is provided whereby each price component may be assigned its own payer contract. The function of the payer contract may be to guarantee the movement of money from related positions. In one embodiment, payer contracts are dynamically created whenever a payment is needed.Type: ApplicationFiled: March 24, 2016Publication date: July 14, 2016Inventors: John Labuszewski, John Nyhoff, David Boberski, Mike Kamradt, Roberta Paffaro, Edward Gogol, John Wiley, Richard Co, Steve Youngren
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Patent number: 9317884Abstract: A system for moving money between accounts of traders by a central counterparty to facilitate payments, i.e. the movement of funds, there between is disclosed which provides a flexible mechanism which supports simpler accounting, new types of derivatives contracts as well new types fees. The disclosed futures contract, referred to as a “payer” contract, comprises a “no-uncertainty” futures contract, i.e. the initial value and settlement value parameters are defined, that leverages the mechanisms of the clearing system to, for example, accommodate related payments. Accordingly, a 1-to-many relationship between contracts and prices is provided whereby each price component may be assigned its own payer contract. The function of the payer contract may be to guarantee the movement of money from related positions. In one embodiment, payer contracts are dynamically created whenever a payment is needed.Type: GrantFiled: December 17, 2014Date of Patent: April 19, 2016Assignee: Chicago Mercantile Exchange Inc.Inventors: John Labuszewski, John Nyhoff, David Boberski, Mike Kamradt, Roberta Paffaro, Edward Gogol, John Wiley, Richard Co, Steve Youngren
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Patent number: 9317885Abstract: A system for moving money between accounts of traders by a central counterparty to facilitate payments, i.e. the movement of funds, there between is disclosed which provides a flexible mechanism which supports simpler accounting, new types of derivatives contracts as well new types fees. The disclosed futures contract, referred to as a “payer” contract, comprises a “no-uncertainty” futures contract, i.e. the initial value and settlement value parameters are defined, that leverages the mechanisms of the clearing system to, for example, accommodate related payments. Accordingly, a 1-to-many relationship between contracts and prices is provided whereby each price component may be assigned its own payer contract. The function of the payer contract may be to guarantee the movement of money from related positions. In one embodiment, payer contracts are dynamically created whenever a payment is needed.Type: GrantFiled: December 17, 2014Date of Patent: April 19, 2016Assignee: Chicago Mercantile Exchange Inc.Inventors: John Labuszewski, John Nyhoff, David Boberski, Mike Kamradt, Roberta Paffaro, Edward Gogol, John Wiley, Richard Co, Steve Youngren
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Patent number: 9317886Abstract: A system for moving money between accounts of traders by a central counterparty to facilitate payments, i.e. the movement of funds, there between is disclosed which provides a flexible mechanism which supports simpler accounting, new types of derivatives contracts as well new types fees. The disclosed futures contract, referred to as a “payer” contract, comprises a “no-uncertainty” futures contract, i.e. the initial value and settlement value parameters are defined, that leverages the mechanisms of the clearing system to, for example, accommodate related payments. Accordingly, a 1-to-many relationship between contracts and prices is provided whereby each price component may be assigned its own payer contract. The function of the payer contract may be to guarantee the movement of money from related positions. In one embodiment, payer contracts are dynamically created whenever a payment is needed.Type: GrantFiled: December 17, 2014Date of Patent: April 19, 2016Assignee: Chicago Mercantile Exchange Inc.Inventors: John Labuszewski, John Nyhoff, David Boberski, Mike Kamradt, Roberta Paffaro, Edward Gogol, John Wiley, Richard Co, Steve Youngren
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Patent number: 9311675Abstract: A system for moving money between accounts of traders by a central counterparty to facilitate payments, i.e. the movement of funds, there between is disclosed which provides a flexible mechanism which supports simpler accounting, new types of derivatives contracts as well new types fees. The disclosed futures contract, referred to as a “payer” contract, comprises a “no-uncertainty” futures contract, i.e. the initial value and settlement value parameters are defined, that leverages the mechanisms of the clearing system to, for example, accommodate related payments. Accordingly, a 1-to-many relationship between contracts and prices is provided whereby each price component may be assigned its own payer contract. The function of the payer contract may be to guarantee the movement of money from related positions. In one embodiment, payer contracts are dynamically created whenever a payment is needed.Type: GrantFiled: December 17, 2014Date of Patent: April 12, 2016Assignee: Chicago Mercantile Exchange Inc.Inventors: John Labuszewski, John Nyhoff, David Boberski, Mike Kamradt, Roberta Paffaro, Edward Gogol, John Wiley, Richard Co, Steve Youngren
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Publication number: 20160092985Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders and matching orders to counter orders. Matching orders may be based on a priority determined using a market quality index of the order and an associated market participant.Type: ApplicationFiled: September 30, 2014Publication date: March 31, 2016Inventors: Alan Shontz, John Labuszewski, Richard Co, Steve Peters, David Boberski, Roberta Paffaro
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Publication number: 20160092984Abstract: Methods, devices, and systems for managing electronic messages of an electronic trading system in which orders are extracted from the electronic messages involve executing actions associated with respect to the orders and matching orders to counter orders. Matching orders may be based on a priority determined using a market quality index of the order and an associated market participant.Type: ApplicationFiled: September 30, 2014Publication date: March 31, 2016Inventors: Alan Shontz, John Labuszewski, Richard Co, Steven Peters, David Boberski, Roberta Paffaro, Greg Skony