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).
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Patent number: 8799132Abstract: 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: GrantFiled: February 14, 2007Date of Patent: August 5, 2014Inventors: Ulrich A. Müller, Richard B. Olsen, Jonathan Robert Buchanan
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Patent number: 7742959Abstract: 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: GrantFiled: April 26, 2001Date of Patent: June 22, 2010Inventor: Ulrich A. Müller
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Patent number: 7702548Abstract: A preferred embodiment comprises a method for obtaining predictive information (e.g., volatility) for inhomogeneous financial time series.Type: GrantFiled: April 30, 2001Date of Patent: April 20, 2010Inventors: Gilles O. Zumbach, Ulrich A. Müller, Richard B. Olsen
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Publication number: 20090150302Abstract: 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: ApplicationFiled: December 16, 2008Publication date: June 11, 2009Inventors: Ulrich A. Muller, Richard B. Olsen
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Patent number: 7496534Abstract: 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: GrantFiled: May 14, 2001Date of Patent: February 24, 2009Inventors: Richard B. Olsen, Michel M. Dacorogna, Olivier V. Pictet, Ulrich A. Müller, Rakhal D. Davé´, Lars A. Jaeger
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Patent number: 7467110Abstract: 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: GrantFiled: January 18, 2001Date of Patent: December 16, 2008Assignee: The Olsen GroupInventors: Ulrich A. Müller, Richard B. Olsen
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Publication number: 20080262884Abstract: 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: ApplicationFiled: April 8, 2008Publication date: October 23, 2008Inventor: Ulrich A. Muller
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Patent number: 7356504Abstract: 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: GrantFiled: April 26, 2001Date of Patent: April 8, 2008Assignee: The Olsen GroupInventor: Ulrich A. Müller
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Patent number: 7212998Abstract: 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: GrantFiled: November 21, 2000Date of Patent: May 1, 2007Assignee: Olsen Data Ltd.Inventors: Ulrich A. Müller, Richard B. Olsen, Jonathan Robert Buchanan
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Publication number: 20020184134Abstract: 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: ApplicationFiled: May 14, 2001Publication date: December 5, 2002Inventors: Richard B. Olsen, Michel M. Dacorogna, Olivier V. Pictet, Ulrich A. Muller, Rakhal D. Dave, Lars A. Jaeger
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Publication number: 20020161677Abstract: A preferred embodiment comprises a method for obtaining predictive information (e.g., volatility) for inhomogeneous financial time series.Type: ApplicationFiled: April 30, 2001Publication date: October 31, 2002Inventors: Gilles O. Zumbach, Ulrich A. Muller, Richard B. Olsen
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Publication number: 20020019803Abstract: 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: ApplicationFiled: April 26, 2001Publication date: February 14, 2002Inventor: Ulrich A. Muller
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Publication number: 20020010663Abstract: 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: ApplicationFiled: April 26, 2001Publication date: January 24, 2002Inventor: Ulrich A. Muller
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Publication number: 20020010673Abstract: 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: ApplicationFiled: January 18, 2001Publication date: January 24, 2002Inventors: Ulrich A. Muller, Richard B. Olsen
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Patent number: 4625517Abstract: 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: GrantFiled: January 10, 1986Date of Patent: December 2, 1986Assignee: Sulzer Brothers LimitedInventor: Ulrich A. Muller