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).

  • Patent number: 11915259
    Abstract: 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: Grant
    Filed: September 2, 2021
    Date of Patent: February 27, 2024
    Assignee: Gasmart, LLC
    Inventors: 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
  • Publication number: 20230377042
    Abstract: 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: Application
    Filed: August 1, 2023
    Publication date: November 23, 2023
    Inventors: Sagy P. MINTZ, Alexander D. Deitz
  • Patent number: 11756122
    Abstract: 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: Grant
    Filed: December 9, 2022
    Date of Patent: September 12, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy P. Mintz, Alexander D. Deitz
  • Publication number: 20230108576
    Abstract: 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: Application
    Filed: December 9, 2022
    Publication date: April 6, 2023
    Inventors: Sagy P. MINTZ, Alexander D. Deitz
  • Patent number: 11551297
    Abstract: 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: Grant
    Filed: April 30, 2020
    Date of Patent: January 10, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy P. Mintz, Alexander D. Deitz
  • Patent number: 11257136
    Abstract: 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: Grant
    Filed: August 7, 2018
    Date of Patent: February 22, 2022
    Assignee: Gasmart, LLC
    Inventors: 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
  • Publication number: 20210398160
    Abstract: 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: Application
    Filed: September 2, 2021
    Publication date: December 23, 2021
    Inventors: 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
  • Patent number: 10853877
    Abstract: 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: Grant
    Filed: October 26, 2009
    Date of Patent: December 1, 2020
    Assignee: Trading Technologies International, Inc.
    Inventors: Stephan Brianti, Sagy P. Mintz
  • Publication number: 20200258156
    Abstract: 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: Application
    Filed: April 30, 2020
    Publication date: August 13, 2020
    Inventors: Sagy P. MINTZ, Alexander D. Deitz
  • Patent number: 10679290
    Abstract: 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: Grant
    Filed: December 6, 2018
    Date of Patent: June 9, 2020
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy P. Mintz, Alexander D. Deitz
  • Publication number: 20200065845
    Abstract: 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: Application
    Filed: August 7, 2019
    Publication date: February 27, 2020
    Inventors: 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
  • Publication number: 20200051145
    Abstract: 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: Application
    Filed: August 7, 2018
    Publication date: February 13, 2020
    Inventors: 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
  • Patent number: 10304131
    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: February 20, 2014
    Date of Patent: May 28, 2019
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy P. Mintz, Robert West, Christos Kondilis
  • Publication number: 20190108589
    Abstract: 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: Application
    Filed: December 6, 2018
    Publication date: April 11, 2019
    Inventors: Sagy P. MINTZ, Alexander D. DEITZ
  • Patent number: 10185991
    Abstract: 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: Grant
    Filed: September 24, 2014
    Date of Patent: January 22, 2019
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy P. Mintz, Alexander D. Deitz
  • Patent number: 10181157
    Abstract: 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: Grant
    Filed: July 2, 2013
    Date of Patent: January 15, 2019
    Assignee: Trading Technologies International, Inc.
    Inventors: Nicholas G. Kontos, Sagy P. Mintz, Alexander D. Deitz
  • Patent number: 10037571
    Abstract: 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: Grant
    Filed: March 7, 2014
    Date of Patent: July 31, 2018
    Assignee: Trading Technologies International, Inc.
    Inventors: Alexander D. Deitz, Sagy P. Mintz, David W. Garrison
  • Patent number: 9811860
    Abstract: 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: Grant
    Filed: January 16, 2013
    Date of Patent: November 7, 2017
    Assignee: Trading Technologies International, Inc.
    Inventors: Michael L. Fishbain, Sagy P. Mintz, Stephen J. Murphy
  • Patent number: 9117244
    Abstract: 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: Grant
    Filed: November 13, 2013
    Date of Patent: August 25, 2015
    Assignee: Trading Technologies International, Inc.
    Inventors: Alexander D. Deitz, Sagy P. Mintz
  • Publication number: 20150142634
    Abstract: 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: Application
    Filed: September 24, 2014
    Publication date: May 21, 2015
    Inventors: Sagy P. Mintz, Alexander D. Deitz