Patents by Inventor Ulrich A. Müller

Ulrich A. Müller 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: 8799132
    Abstract: A preferred embodiment of the subject invention is directed to creation and pricing of an option related to a target zone in a time-price plot. If the price curve against time enters this zone (in a preferred embodiment, a “box”), a fixed amount of money is paid to the owner of the option; if the curve misses the box, there is no payout to the option owner, who also forfeits the premium paid for the option. Software is described that enables an option buyer to easily create and set the parameters of such an option, that computes a premium for the option, and that manages payout and other functions related to the option. The above-described embodiment is a buy-to-hit option. Other embodiments are directed to sell-to-hit, buy-to-miss, and sell-to-miss options.
    Type: Grant
    Filed: February 14, 2007
    Date of Patent: August 5, 2014
    Inventors: Ulrich A. Müller, Richard B. Olsen, Jonathan Robert Buchanan
  • Patent number: 7742959
    Abstract: The present invention is a method and apparatus for filtering high frequency time series data using a variety of techniques implemented on a computer. The techniques are directed to detecting and eliminating data errors such as the decimal error, monotonic series of quotes, long series of repeated quotes, scaling changes, and domain errors. Further, by means of comparison with nearby quotes in the time series, the techniques are also able to evaluate the credibility of the quotes.
    Type: Grant
    Filed: April 26, 2001
    Date of Patent: June 22, 2010
    Inventor: Ulrich A. Müller
  • Patent number: 7702548
    Abstract: A preferred embodiment comprises a method for obtaining predictive information (e.g., volatility) for inhomogeneous financial time series.
    Type: Grant
    Filed: April 30, 2001
    Date of Patent: April 20, 2010
    Inventors: Gilles O. Zumbach, Ulrich A. Müller, Richard B. Olsen
  • Publication number: 20090150302
    Abstract: A preferred embodiment of the subject invention automates the market making process for currency trading. When a quote request for a currency is received from a client (preferably over a computer network such as the Internet), software of a preferred embodiment calculates a real-time bid and ask price for the currency. The subject invention is applicable to any asset for which market making is appropriate, and is not restricted to currency exchange.
    Type: Application
    Filed: December 16, 2008
    Publication date: June 11, 2009
    Inventors: Ulrich A. Muller, Richard B. Olsen
  • Patent number: 7496534
    Abstract: A method of trading assets on a market including: (1) receiving price data for an asset over one or more computer networks; (2) receiving current system position information; (3) storing the received asset price data and current system position information in a computer-readable medium; (4) calculating trade recommendation information form each of one or more trading sub-models, wherein each sub-model is based on a different time horizon, the calculation based on the received asset price data; and (5) calculating a trade recommendation regarding the asset based on the trade recommendation information from each of the trading sub-models. Each sub-model preferably includes: (1) a price collector component; (2) a price filter component; (3) a price database component; (4) a gearing calculator component; (5) a deal acceptor component; and (6) a book-keeper component.
    Type: Grant
    Filed: May 14, 2001
    Date of Patent: February 24, 2009
    Inventors: Richard B. Olsen, Michel M. Dacorogna, Olivier V. Pictet, Ulrich A. Müller, Rakhal D. Davé´, Lars A. Jaeger
  • Patent number: 7467110
    Abstract: A preferred embodiment of the subject invention automates the market making process for currency trading. When a quote request for a currency is received from a client (preferably over a computer network such as the Internet), software of a preferred embodiment calculates a real-time bid and ask price for the currency. The subject invention is applicable to any asset for which market making is appropriate, and is not restricted to currency exchange.
    Type: Grant
    Filed: January 18, 2001
    Date of Patent: December 16, 2008
    Assignee: The Olsen Group
    Inventors: Ulrich A. Müller, Richard B. Olsen
  • Publication number: 20080262884
    Abstract: A preferred embodiment comprises a method for determining value-at-risk based on tick-by-tick financial data. Major steps of the method comprise the following: (1) financial market transaction data is electronically received by a computer; (2) the received financial market transaction data is electronically; (3) a time series z is constructed that models the received financial market transaction data; (4) an exponential moving average operator is constructed; (5) an operator is constructed that is based on the exponential moving average operator; (6) a causal operator ?[z] is constructed that is based on the iterated exponential moving average operator; (7) values of predictive factors are calculated; (8) the values calculated by the computer are stored in a computer readable medium, and (9) value-at-risk is calculated from the values stored in step (8).
    Type: Application
    Filed: April 8, 2008
    Publication date: October 23, 2008
    Inventor: Ulrich A. Muller
  • Patent number: 7356504
    Abstract: A preferred embodiment comprises a method for determining value-at-risk based on tick-by-tick financial data. Major steps of the method comprise the following: (1) financial market transaction data is electronically received by a computer; (2) the received financial market transaction data is electronically; (3) a time series z is constructed that models the received financial market transaction data; (4) an exponential moving average operator is constructed; (5) an operator is constructed that is based on the exponential moving average operator; (6) a causal operator ?[z] is constructed that is based on the iterated exponential moving average operator; (7) values of predictive factors are calculated; (8) the values calculated by the computer are stored in a computer readable medium, and (9) value-at-risk is calculated from the values stored in step (8).
    Type: Grant
    Filed: April 26, 2001
    Date of Patent: April 8, 2008
    Assignee: The Olsen Group
    Inventor: Ulrich A. Müller
  • Patent number: 7212998
    Abstract: A preferred embodiment of the subject invention is directed to creation and pricing of an option related to a target zone in a time-price plot. If the price curve against time enters this zone (in a preferred embodiment, a “box”), a fixed amount of money is paid to the owner of the option; if the curve misses the box, there is no payout to the option owner, who also forfeits the premium paid for the option. Software is described that enables an option buyer to easily create and set the parameters of such an option, that computes a premium for the option, and that manages payout and other functions related to the option. The above-described embodiment is a buy-to-hit option. Other embodiments are directed to sell-to-hit, buy-to-miss, and sell-to-miss options.
    Type: Grant
    Filed: November 21, 2000
    Date of Patent: May 1, 2007
    Assignee: Olsen Data Ltd.
    Inventors: Ulrich A. Müller, Richard B. Olsen, Jonathan Robert Buchanan
  • Publication number: 20020184134
    Abstract: A preferred embodiment comprises a method of trading assets on a market, comprising the steps of: (1) receiving price data for an asset over one or more computer networks; (2) receiving current system position information; (3) storing the received as-set price data and current system position information in a computer-readable medium; (4) calculating trade recommendation information from each of one or more trading sub-models, wherein each sub-model is based on a different time horizon, the calculation based on the received asset price data; and (5) calculating a trade recommendation regarding the asset based on the trade recommendation information from each of the trading sub-models. Each sub-model preferably comprises: (1) a price collector component; (2) a price filter component; (3) a price database component; (4) a gearing calculator component; (5) a deal acceptor component; and (6) a book-keeper component.
    Type: Application
    Filed: May 14, 2001
    Publication date: December 5, 2002
    Inventors: Richard B. Olsen, Michel M. Dacorogna, Olivier V. Pictet, Ulrich A. Muller, Rakhal D. Dave, Lars A. Jaeger
  • Publication number: 20020161677
    Abstract: A preferred embodiment comprises a method for obtaining predictive information (e.g., volatility) for inhomogeneous financial time series.
    Type: Application
    Filed: April 30, 2001
    Publication date: October 31, 2002
    Inventors: Gilles O. Zumbach, Ulrich A. Muller, Richard B. Olsen
  • Publication number: 20020019803
    Abstract: A preferred embodiment comprises a method for determining value-at-risk based on tick-by-tick financial data. Major steps of the method comprise the following: (1) financial market transaction data is electronically received by a computer; (2) the received financial market transaction data is electronically; (3) a time series z is constructed that models the received financial market transaction data; (4) an exponential moving average operator is constructed; (5) an operator is constructed that is based on the exponential moving average operator; (6) a causal operator &OHgr;[z] is constructed that is based on the iterated exponential moving average operator; (7) values of predictive factors are calculated; (8) the values calculated by the computer are stored in a computer readable medium, and (9) value-at-risk is calculated from the values stored in step (8).
    Type: Application
    Filed: April 26, 2001
    Publication date: February 14, 2002
    Inventor: Ulrich A. Muller
  • Publication number: 20020010663
    Abstract: The present invention is a method and apparatus for filtering high frequency time series data using a variety of techniques implemented on a computer. The techniques are directed to detecting and eliminating data errors such as the decimal error, monotonic series of quotes, long series of repeated quotes, scaling changes, and domain errors. Further, by means of comparison with nearby quotes in the time series, the techniques are also able to evaluate the credibility of the quotes.
    Type: Application
    Filed: April 26, 2001
    Publication date: January 24, 2002
    Inventor: Ulrich A. Muller
  • Publication number: 20020010673
    Abstract: A preferred embodiment of the subject invention automates the market making process for currency trading. When a quote request for a currency is received from a client (preferably over a computer network such as the Internet), software of a preferred embodiment calculates a real-time bid and ask price for the currency. The subject invention is applicable to any asset for which market making is appropriate, and is not restricted to currency exchange.
    Type: Application
    Filed: January 18, 2001
    Publication date: January 24, 2002
    Inventors: Ulrich A. Muller, Richard B. Olsen
  • Patent number: 4625517
    Abstract: The thermoacoustic device is provided with rod-like elements which are disposed in the vibration chamber between the heat source and the heat sink. The rod-like elements may be in the form of wires or other elements having a circular cross-section or a convexly curved surface. The elements may be supported directly on the vibration chamber wall, between holding elements which are supported on the vibration chamber wall and in perforated holding elements secured across the vibration chamber.
    Type: Grant
    Filed: January 10, 1986
    Date of Patent: December 2, 1986
    Assignee: Sulzer Brothers Limited
    Inventor: Ulrich A. Muller