David L Garrison

US Patent:

20140040104, Feb 6, 2014

Filed:

Oct 3, 2013

Appl. No.:

14/045782

Inventors:

Sagy P. Mintz - Lincolnshire IL, US
David W. Garrison - Arlington Heights IL, US

Assignee:

TRADING TECHNOLOGIES INTERNATIONAL, INC. - Chicago IL

International Classification:

G06Q 40/04

US Classification:

705 37

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.

US Patent:

20140351111, Nov 27, 2014

Filed:

May 16, 2014

Appl. No.:

14/279323

Inventors:

- Chicago IL, US
Ryan N. Andrews - Glenview IL, US
Jens-Uwe Schluetter - Luzern, CH
David W. Garrison - Arlington Heights IL, US
Michael J. Burns - Riverside IL, US

Assignee:

Trading Technologies International, Inc. - Chicago IL

International Classification:

G06Q 40/04

US Classification:

705 37

Abstract:

A system and method for providing order queue position information are disclosed. In this application, market updates are received for a tradeable object from at least one exchange. To the extent that the market updates do not include enough details to compute the queue position of a trader's working orders, estimation may be used. As a result, an order queue is generated to approximate a trader's order position in an exchange price order queue. An interface may be used to display the generated order queue estimation to the trader which provides valuable trading information.

US Patent:

20140164212, Jun 12, 2014

Filed:

Feb 12, 2014

Appl. No.:

14/178379

Inventors:

- Chicago IL, US
Sagy P. Mintz - Lincolnshire IL, US
Jyoti Chawla - Aurora IL, US
David W. Garrison - Arlington Heights IL, US

Assignee:

Trading Technologies International, Inc. - Chicago IL

International Classification:

G06Q 40/04

US Classification:

705 37

Abstract:

A system and method for linking and managing linked orders are described. According to one method, a trader may first link two or more orders into a linked order, and then one or more parameters associated with one of the orders may be dynamically changed based on user inputs or information being received from an exchange. For example, a trader may link any two orders as an order cancel order, and each linked order may be associated with the same or different tradable objects, order quantities, and may be submitted to one or more exchanges. The order quantities may be then dynamically updated based on updates being received from the one or more exchanges and further based on a quantity ratio between the two orders. Further, the linked order may be submitted upon detecting a fill for another order.

US Patent:

20140156494, Jun 5, 2014

Filed:

Feb 6, 2014

Appl. No.:

14/174130

Inventors:

- Chicago IL, US
Sagy P. Mintz - Lincolnshire IL, US
Jyoti Chawla - Aurora IL, US
David W. Garrison - Arlington Heights IL, US

Assignee:

TRADING TECHNOLOGIES INTERNATIONAL, INC. - Chicago IL

International Classification:

G06Q 40/04

US Classification:

705 37

Abstract:

A system and method for linking and managing linked orders are described. According to one method, a trader may first link two or more orders into a linked order, and then one or more parameters associated with one of the orders may be dynamically changed based on user inputs or information being received from an exchange. For example, a trader may link any two orders as an order cancel order, and each linked order may be associated with the same or different tradable objects, order quantities, and may be submitted to one or more exchanges. The order quantities may be then dynamically updated based on updates being received from the one or more exchanges and further based on a quantity ratio between the two orders. Further, the linked order may be submitted upon detecting a fill for another order.