Patents by Inventor Sagy P. Mintz
Sagy P. Mintz 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: 11915259Abstract: A computerized system for transacting the purchase and sale of consumer motor fuels between motor fuel merchants and retail consumers through software on a mobile or desktop connected device for periods in the future through the simultaneous execution of multi-party, multi-layered contingent transactions and pricing algorithms to ensure that all inter-related motor fuel merchant transactions are simultaneously transacted upon a retail consumer purchase execution. Motor fuels include refined products such as gasoline and diesel fuel, renewable fuels (e.g. ethanol, biodiesel), natural gas (including liquefied natural gas), jet fuel and electricity.Type: GrantFiled: September 2, 2021Date of Patent: February 27, 2024Assignee: Gasmart, LLCInventors: Joseph H. LeBlanc, Jr., Nick DiCosola, Sagy P. Mintz, Leo E. Murphy, Robert A. Miller, William K. Ward, William F. Kerins, Luis R. Luque, Parker P. Drew, James V. Blanton
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Publication number: 20230377042Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.Type: ApplicationFiled: August 1, 2023Publication date: November 23, 2023Inventors: Sagy P. MINTZ, Alexander D. Deitz
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Patent number: 11756122Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.Type: GrantFiled: December 9, 2022Date of Patent: September 12, 2023Assignee: Trading Technologies International, Inc.Inventors: Sagy P. Mintz, Alexander D. Deitz
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Publication number: 20230108576Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.Type: ApplicationFiled: December 9, 2022Publication date: April 6, 2023Inventors: Sagy P. MINTZ, Alexander D. Deitz
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Patent number: 11551297Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.Type: GrantFiled: April 30, 2020Date of Patent: January 10, 2023Assignee: Trading Technologies International, Inc.Inventors: Sagy P. Mintz, Alexander D. Deitz
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Patent number: 11257136Abstract: A computerized system for transacting the purchase and sale of consumer motor fuels between motor fuel merchants and retail consumers through software on a mobile or desktop connected device for periods in the future through the simultaneous execution of multi-party, multi-layered contingent transactions and pricing algorithms to ensure that all inter-related motor fuel merchant transactions are simultaneously transacted upon a retail consumer purchase execution. Motor fuels include refined products such as gasoline and diesel fuel, renewable fuels (e.g. ethanol, biodiesel), natural gas (including liquefied natural gas), jet fuel and electricity.Type: GrantFiled: August 7, 2018Date of Patent: February 22, 2022Assignee: Gasmart, LLCInventors: Joseph H. LeBlanc, Jr., Nick DiCosola, Sagy P. Mintz, Leo E. Murphy, Robert A. Miller, William K. Ward, William F. Kerins, Luis R. Luque, Parker P. Drew
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Publication number: 20210398160Abstract: A computerized system for transacting the purchase and sale of consumer motor fuels between motor fuel merchants and retail consumers through software on a mobile or desktop connected device for periods in the future through the simultaneous execution of multi-party, multi-layered contingent transactions and pricing algorithms to ensure that all inter-related motor fuel merchant transactions are simultaneously transacted upon a retail consumer purchase execution. Motor fuels include refined products such as gasoline and diesel fuel, renewable fuels (e.g. ethanol, biodiesel), natural gas (including liquefied natural gas), jet fuel and electricity.Type: ApplicationFiled: September 2, 2021Publication date: December 23, 2021Inventors: Joseph H. LeBlanc, JR., Nick DiCosola, Sagy P. Mintz, Leo E. Murphy, Robert A. Miller, William K. Ward, William F. Kerins, Luis R. Luque, Parker P. Drew, James V. Blanton
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Patent number: 10853877Abstract: Certain embodiments of the present invention provide techniques for lean level support for a trading strategy. According to certain embodiments, the support for a price level under consideration as a lean level is determined based at least in part on quantity available at the price level. According to certain embodiments, the support for a price level under consideration as a lean level is determined based at least in part on quantity available at one or more other price levels. According to certain embodiments, the support for a price level under consideration as a lean level is determined based at least in part on the number of orders at one or more price levels. A lean level may then be determined based on the determined support. According to certain embodiments, a lean multiplier and/or a lean base are determined dynamically based on the determined support.Type: GrantFiled: October 26, 2009Date of Patent: December 1, 2020Assignee: Trading Technologies International, Inc.Inventors: Stephan Brianti, Sagy P. Mintz
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Publication number: 20200258156Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.Type: ApplicationFiled: April 30, 2020Publication date: August 13, 2020Inventors: Sagy P. MINTZ, Alexander D. Deitz
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Patent number: 10679290Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.Type: GrantFiled: December 6, 2018Date of Patent: June 9, 2020Assignee: Trading Technologies International, Inc.Inventors: Sagy P. Mintz, Alexander D. Deitz
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Publication number: 20200065845Abstract: A computerized system for transacting the purchase and sale of consumer motor fuels between motor fuel merchants and retail consumers through software on a mobile or desktop connected device for periods in the future through the simultaneous execution of multi-party, multi-layered contingent transactions and pricing algorithms to ensure that all inter-related motor fuel merchant transactions are simultaneously transacted upon a retail consumer purchase execution. Motor fuels include refined products such as gasoline and diesel fuel, renewable fuels (e.g. ethanol, biodiesel), natural gas (including liquefied natural gas), jet fuel and electricity.Type: ApplicationFiled: August 7, 2019Publication date: February 27, 2020Inventors: Joseph H. LeBlanc, JR., Nick DiCosola, Sagy P. Mintz, Leo E. Murphy, Robert A. Miller, William K. Ward, William F. Kerins, Luis R. Luque, Parker P. Drew, James V. Blanton
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Publication number: 20200051145Abstract: A computerized system for transacting the purchase and sale of consumer motor fuels between motor fuel merchants and retail consumers through software on a mobile or desktop connected device for periods in the future through the simultaneous execution of multi-party, multi-layered contingent transactions and pricing algorithms to ensure that all inter-related motor fuel merchant transactions are simultaneously transacted upon a retail consumer purchase execution. Motor fuels include refined products such as gasoline and diesel fuel, renewable fuels (e.g. ethanol, biodiesel), natural gas (including liquefied natural gas), jet fuel and electricity.Type: ApplicationFiled: August 7, 2018Publication date: February 13, 2020Inventors: Joseph H. LeBlanc, JR., Nick DiCosola, Sagy P. Mintz, Leo E. Murphy, Robert A. Miller, William K. Ward, William F. Kerins, Luis R. Luque, Parker P. Drew
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Patent number: 10304131Abstract: 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: GrantFiled: February 20, 2014Date of Patent: May 28, 2019Assignee: Trading Technologies International, Inc.Inventors: Sagy P. Mintz, Robert West, Christos Kondilis
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Publication number: 20190108589Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.Type: ApplicationFiled: December 6, 2018Publication date: April 11, 2019Inventors: Sagy P. MINTZ, Alexander D. DEITZ
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Patent number: 10185991Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.Type: GrantFiled: September 24, 2014Date of Patent: January 22, 2019Assignee: Trading Technologies International, Inc.Inventors: Sagy P. Mintz, Alexander D. Deitz
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Patent number: 10181157Abstract: System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows a trader to possibly obtain a more profitable price as well as get filled faster. Traders submit an order for a spread and the automated trading tool calculates the quote order price based on a defined level of aggressiveness, the leaned on price, and the desired spread price. Based on the level of defined aggressiveness and the gap in the market, the automated trading tool may lean on a mildly, moderately, or extremely aggressive price.Type: GrantFiled: July 2, 2013Date of Patent: January 15, 2019Assignee: Trading Technologies International, Inc.Inventors: Nicholas G. Kontos, Sagy P. Mintz, Alexander D. Deitz
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Patent number: 10037571Abstract: System and methods for reducing the risks involved in trading multiple spread trading strategies in an electronic trading environment are provided. Specifically, reducing the risks involved in trading multiple spreads that share a leg by, among other things, quoting a single order in the shared leg instead of quoting orders for each of the corresponding spread legs. Based on the computed quote price for the single order, associating the single order with the leaned on price that results in the price closest to the inside market in the shared leg. The single quote order is based on the market conditions in the spread legs and the desired spread price. Once the single order fills, a hedge order is sent to the leg that obtains the most advantageous price for the spread based on the other spread options.Type: GrantFiled: March 7, 2014Date of Patent: July 31, 2018Assignee: Trading Technologies International, Inc.Inventors: Alexander D. Deitz, Sagy P. Mintz, David W. Garrison
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Patent number: 9811860Abstract: A system and method for defining and processing timed orders are defined. According to one embodiment, a trader may define a timed order by defining an intra-day time trigger or a time period when the timed order should be automatically modified, such as deleted or cancelled/replaced with a new order. In one embodiment, the intra-day time trigger or time period may be dynamically changed to a later time, for example, upon receiving a predetermined user input. Also, the time trigger and time period may be configured to dynamically vary based on any user configurable formula. Also, the timed order may be associated with one or more actions to be taken once the order is deleted, such as sending a new order, for example.Type: GrantFiled: January 16, 2013Date of Patent: November 7, 2017Assignee: Trading Technologies International, Inc.Inventors: Michael L. Fishbain, Sagy P. Mintz, Stephen J. Murphy
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Patent number: 9117244Abstract: A system and methods are provided for using order descriptor identifiers in relation to orders being used in trading strategies. According to one example method, when a hedge order is submitted upon detecting a fill of another order, the hedge order includes one or more order descriptor identifiers conveying a purpose of the hedge order to a user. The order descriptor identifiers can be used to search for desired orders and perform more effective order management and post trade analysis.Type: GrantFiled: November 13, 2013Date of Patent: August 25, 2015Assignee: Trading Technologies International, Inc.Inventors: Alexander D. Deitz, Sagy P. Mintz
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Publication number: 20150142634Abstract: A system and method are provided that, among other things, can reduce the burden on receiving computers, increase data throughput, reduce system failure, and provide components of a scalable and flexible network architecture. Specifically, the system and method provide a multichannel-multicast network environment for use in dynamically assigning data to channels. This configuration is particularly useful in a trading network environment, as it effectively performs channel reassignments in a way not to disturb the receipt of the underlying data. While the example embodiments described herein pertain to electronic trading, the principles of the present invention may be equally applied in other environments where the advantages presented herein are beneficial.Type: ApplicationFiled: September 24, 2014Publication date: May 21, 2015Inventors: Sagy P. Mintz, Alexander D. Deitz