Patents by Inventor Thomas R. Zagara

Thomas R. Zagara 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).

  • Publication number: 20230245229
    Abstract: The disclosed embodiments provide pre-hedge rules and tools for creating pre-hedge rules. An example method includes receiving an indication that a first leg of a spread trade is at least partially filled; and in response to the indication and before an order associated with a second leg of the spread trade is placed, determining whether a condition defined in a rule is satisfied and, when the condition is satisfied, performing an action defined in the rule.
    Type: Application
    Filed: April 5, 2023
    Publication date: August 3, 2023
    Inventors: Patricia A. Messina, Thomas R. Zagara
  • Patent number: 11651427
    Abstract: The disclosed embodiments provide pre-hedge rules and tools for creating pre-hedge rules. An example method includes receiving an indication that a first leg of a spread trade is at least partially filled; and in response to the indication and before an order associated with a second leg of the spread trade is placed, determining whether a condition defined in a rule is satisfied and, when the condition is satisfied, performing an action defined in the rule.
    Type: Grant
    Filed: January 23, 2014
    Date of Patent: May 16, 2023
    Assignee: Trading Technologies International, Inc.
    Inventors: Patricia A. Messina, Thomas R. Zagara
  • Publication number: 20220309582
    Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Application
    Filed: June 13, 2022
    Publication date: September 29, 2022
    Inventors: Thomas R. Zagara, Scott F. Singer
  • Patent number: 11393030
    Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Grant
    Filed: May 22, 2020
    Date of Patent: July 19, 2022
    Assignee: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Thomas R. Zagara, Scott F. Singer
  • Publication number: 20200286177
    Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Application
    Filed: May 22, 2020
    Publication date: September 10, 2020
    Inventors: Thomas R. Zagara, Scott F. Singer
  • Patent number: 10699337
    Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Grant
    Filed: June 1, 2017
    Date of Patent: June 30, 2020
    Assignee: Trading Technologies International, Inc.
    Inventors: Thomas R. Zagara, Scott F. Singer
  • Publication number: 20170330280
    Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Application
    Filed: June 1, 2017
    Publication date: November 16, 2017
    Inventors: Thomas R. ZAGARA, Scott F. SINGER
  • Patent number: 9704196
    Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Grant
    Filed: October 22, 2013
    Date of Patent: July 11, 2017
    Assignee: Trading Technologies International, Inc.
    Inventors: Thomas R. Zagara, Scott F. Singer
  • Publication number: 20140222639
    Abstract: A system and method are provided to visually represent and configure trading strategies used in electronic trading. The system and method may be used to visually represent, among other things, an acceptable range of prices for a trading strategy in relation to a graphical user interface. The acceptable range of prices may be input by a trader to limit when one or more orders are moved from one price to another. The acceptable range of prices can be displayed on a graphical user interface using visual indicators. Using the visual indicators, the acceptable range of prices can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Application
    Filed: September 4, 2013
    Publication date: August 7, 2014
    Applicant: Trading Technologies International, Inc.
    Inventors: Thomas R. Zagara, Michael J. Burns, Scott F. Singer
  • Publication number: 20140201054
    Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Application
    Filed: October 22, 2013
    Publication date: July 17, 2014
    Applicant: Trading Technologies International, Inc.
    Inventors: Thomas R. Zagara, Scott F. Singer
  • Publication number: 20140136394
    Abstract: The disclosed embodiments provide pre-hedge rules and tools for creating pre-hedge rules. An example method includes receiving an indication that a first leg of a spread trade is at least partially filled; and in response to the indication and before an order associated with a second leg of the spread trade is placed, determining whether a condition defined in a rule is satisfied and, when the condition is satisfied, performing an action defined in the rule.
    Type: Application
    Filed: January 23, 2014
    Publication date: May 15, 2014
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Patricia A. Messina, Thomas R. Zagara
  • Patent number: 8671048
    Abstract: The disclosed embodiments provide pre-hedge rules and tools for creating pre-hedge rules. An example method includes receiving an indication that a first leg of a spread trade is at least partially filled; and in response to the indication and before an order associated with a second leg of the spread trade is placed, determining whether a condition defined in a rule is satisfied and, when the condition is satisfied, performing an action defined in the rule.
    Type: Grant
    Filed: April 12, 2012
    Date of Patent: March 11, 2014
    Assignee: Trading Technologies International, Inc
    Inventors: Patricia A. Messina, Thomas R. Zagara
  • Patent number: 8595111
    Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Grant
    Filed: January 16, 2013
    Date of Patent: November 26, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Thomas R. Zagara, Scott F. Singer
  • Publication number: 20130275284
    Abstract: The disclosed embodiments provide pre-hedge rules and tools for creating pre-hedge rules. An example method includes receiving an indication that a first leg of a spread trade is at least partially filled; and in response to the indication and before an order associated with a second leg of the spread trade is placed, determining whether a condition defined in a rule is satisfied and, when the condition is satisfied, performing an action defined in the rule.
    Type: Application
    Filed: April 12, 2012
    Publication date: October 17, 2013
    Applicant: TRADING TECHNOLOGIES INTERNATIONAL, INC.
    Inventors: Patricia A. Messina, Thomas R. Zagara
  • Patent number: 8560418
    Abstract: A system and method are provided to visually represent and configure trading strategies used in electronic trading. The system and method may be used to visually represent, among other things, an acceptable range of prices for a trading strategy in relation to a graphical user interface. The acceptable range of prices may be input by a trader to limit when one or more orders are moved from one price to another. The acceptable range of prices can be displayed on a graphical user interface using visual indicators. Using the visual indicators, the acceptable range of prices can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Grant
    Filed: January 9, 2013
    Date of Patent: October 15, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Thomas R. Zagara, Michael J. Burns, Scott F. Singer
  • Patent number: 8423442
    Abstract: A system and method are provided to visually represent and configure trading strategies used in electronic trading. The system and method may be used to visually represent, among other things, an acceptable range of prices for a trading strategy in relation to a graphical user interface. The acceptable range of prices may be input by a trader to limit when one or more orders are moved from one price to another. The acceptable range of prices can be displayed on a graphical user interface using visual indicators. Using the visual indicators, the acceptable range of prices can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Grant
    Filed: May 1, 2012
    Date of Patent: April 16, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Thomas R. Zagara, Michael J. Burns, Scott F. Singer
  • Patent number: 8417621
    Abstract: Hedge legs for synthetic spread trading strategies are managed as attached or detached from a synthetic spread order. A legged hedge order may be changed, adjusted, deleted, cancelled or otherwise managed according to changes, adjustments, deletions ad/or cancellations of the synthetic spread order upon which the legged spread order was submitted.
    Type: Grant
    Filed: July 14, 2010
    Date of Patent: April 9, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Sagy Pundak Mintz, Patricia A. Messina, Thomas R. Zagara
  • Patent number: 8380598
    Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Grant
    Filed: May 4, 2012
    Date of Patent: February 19, 2013
    Assignee: Trading Technologies International, Inc.
    Inventors: Thomas R. Zagara, Scott F. Singer
  • Publication number: 20120221459
    Abstract: A system and method are provided for defining slop parameters to an individual spread order or a customized group of orders. The system and method may be used to, for example, define inside slop, outside slop, and/or adjustable range parameters to one or more orders. The inside slop, outside slop, and/or adjustable range parameters may be input by a trader, and, among other things, allow a trader to prioritize orders, set parameters so that some orders are re-priced more aggressively than other spread orders. Alternatively, slop parameters associated with a spread order may also apply more restrictive slop parameters to orders within the same adjustable range. Slop parameters associated with a spread order can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Application
    Filed: May 4, 2012
    Publication date: August 30, 2012
    Inventors: Thomas R. Zagara, Scott F. Singer
  • Publication number: 20120215679
    Abstract: A system and method are provided to visually represent and configure trading strategies used in electronic trading. The system and method may be used to visually represent, among other things, an acceptable range of prices for a trading strategy in relation to a graphical user interface. The acceptable range of prices may be input by a trader to limit when one or more orders are moved from one price to another. The acceptable range of prices can be displayed on a graphical user interface using visual indicators. Using the visual indicators, the acceptable range of prices can also be configured and modified by a trader based on the trader's preferences. Other features and advantages are described herein.
    Type: Application
    Filed: May 1, 2012
    Publication date: August 23, 2012
    Applicant: Trading Technologies International, Inc.
    Inventors: Thomas R. Zagara, Michael J. Burns, Scott F. Singer