Patents by Inventor Todd Wesley Hohman

Todd Wesley Hohman 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).

  • Random-time auctions in an electronic trading system
    Patent number: 9799075
    Abstract: A system is configured to hold price improvement auctions for customer orders for a duration that is based on a random timer. The system receives an initiating order from an auction guarantor that describes the financial instrument that a customer wishes to trade. The auction guarantor provides a guaranteed order that can fill the initiating order. A random time period to hold the auction is selected. The system solicits responses from other market participants for the financial instrument. When the random time period expires the system matches the initiating order against the responses, existing orders in an order book, and the guaranteed order.
    Type: Grant
    Filed: November 20, 2014
    Date of Patent: October 24, 2017
    Assignee: NYSE Group, Inc.
    Inventors: Steven G. Crutchfield, Amy Joy Farnstrom, Todd Wesley Hohman
  • Random-time auctions in an electronic trading system
    Patent number: 9741075
    Abstract: A system is configured to hold price improvement auctions for customer orders for a duration that is based on a random timer. The system receives an initiating order from an auction guarantor that describes the financial instrument that a customer wishes to trade. The auction guarantor provides a guaranteed order that can fill the initiating order. A random time period to hold the auction is selected. The system solicits responses from other market participants for the financial instrument. When the random time period expires the system matches the initiating order against the responses, existing orders in an order book, and the guaranteed order.
    Type: Grant
    Filed: December 31, 2013
    Date of Patent: August 22, 2017
    Assignee: NYSE Group, Inc.
    Inventors: Steven G. Crutchfield, Amy Joy Farnstrom, Todd Wesley Hohman
  • RANDOM-TIME AUCTIONS IN AN ELECTRONIC TRADING SYSTEM
    Publication number: 20150081512
    Abstract: A system is configured to hold price improvement auctions for customer orders for a duration that is based on a random timer. The system receives an initiating order from an auction guarantor that describes the financial instrument that a customer wishes to trade. The auction guarantor provides a guaranteed order that can fill the initiating order. A random time period to hold the auction is selected. The system solicits responses from other market participants for the financial instrument. When the random time period expires the system matches the initiating order against the responses, existing orders in an order book, and the guaranteed order.
    Type: Application
    Filed: November 20, 2014
    Publication date: March 19, 2015
    Inventors: Steven G. Crutchfield, Amy Joy Farnstrom, Todd Wesley Hohman
  • Random-Time Auctions in an Electronic Trading System
    Publication number: 20140188688
    Abstract: A system is configured to hold price improvement auctions for customer orders for a duration that is based on a random timer. The system receives an initiating order from an auction guarantor that describes the financial instrument that a customer wishes to trade. The auction guarantor provides a guaranteed order that can fill the initiating order. A random time period to hold the auction is selected. The system solicits responses from other market participants for the financial instrument. When the random time period expires the system matches the initiating order against the responses, existing orders in an order book, and the guaranteed order.
    Type: Application
    Filed: December 31, 2013
    Publication date: July 3, 2014
    Applicant: NYSE Euronext
    Inventors: Steven G. Crutchfield, Amy Joy Farnstrom, Todd Wesley Hohman