Richard W Lane

US Patent:

8566220, Oct 22, 2013

Filed:

Jan 26, 2011

Appl. No.:

13/014547

Inventors:

Daniel Lidor - Chicago IL, US
Richard Lane - Chicago IL, US

Assignee:

Trading Technologies International, Inc. - Chicago IL

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

Certain embodiments provide a block placing tool for building a user-defined algorithm for electronic trading. Certain embodiments provide for receiving by a block placing tool a selection of one or more blocks. Certain embodiments provide for receiving by a block placing tool a mapping definition including a mapping between block types and/or attributes. Certain embodiments provide for placing blocks based on a selection of blocks and a mapping definition.

US Patent:

20100299280, Nov 25, 2010

Filed:

May 19, 2009

Appl. No.:

12/468610

Inventors:

Richard Lane - Chicago IL, US
Michael Unetich - Chicago IL, US

International Classification:

G06Q 40/00

US Classification:

705 36 R

Abstract:

A system and method for displaying trade information is disclosed. The method includes receiving from a host exchange a plurality of trade notifications, each trade notification corresponding to an executed trade, and for each executed trade of interest, determining whether the executed trade belongs in an aggregated set with one or more other executed trades. All executed trades in an aggregated set are for the same associated tradable object, have traded at the same associated trade price, and have been executed within a predetermined time period of each other. Aggregated sets are displayed a user display with an associated aggregated quantity, and the remaining executed trades of interest are also displayed. Trades are displayed using an associated indicator for indicating whether the corresponding executed trade or aggregated trade traded on the bid side or on the offer side of the market, and which indicates whether additional volume is available at the associated trade price.

US Patent:

20100312716, Dec 9, 2010

Filed:

Jun 8, 2009

Appl. No.:

12/479907

Inventors:

Richard Lane - Chicago IL, US
Michael Unetich - Chicago IL, US

International Classification:

G06Q 40/00
G06F 15/16

US Classification:

705 36 R, 705 37, 709206

Abstract:

A system and method for automatically modifying buy and sell orders in an electronic trading exchange is described. The trader system includes a user device for submitting trader buy and sell orders and conditional quantities, and a trading application which receives the trader buy and sell orders and conditional quantities and communicates these to a host exchange system. For each conditional quantity associated with a trader buy order, the trading application monitors an inside ask quantity associated with the identified desired tradable object of that trader buy order such that if the associated inside ask quantity becomes less than the conditional quantity, then the trading application modifies the trader buy order to increase the desired buy price by a predetermined user-defined increment or to the inside ask price associated with the identified desired tradable object and communicates the modified buy order to the host exchange system. Similar operation occurs for a trader sell order, with the desired inside sell price being decreased if an associated inside bid quantity becomes less than the corresponding conditional quantity.

US Patent:

20110093378, Apr 21, 2011

Filed:

Oct 15, 2010

Appl. No.:

12/905709

Inventors:

Richard Lane - Chicago IL, US
Michael Unetich - Chicago IL, US

Assignee:

TRADING TECHNOLOGIES INTERNATIONAL, INC. - Chicago IL

International Classification:

G06Q 40/00
G06F 3/048

US Classification:

705 37, 715764

Abstract:

Certain embodiments reduce the risks of traditionally programmed algorithms such as syntax errors, unclear logic, and the need for a non-trader programmer to develop the algorithm as specified by a trader by reducing or eliminating the writing of programming code by a user. Certain embodiments provide building block buttons and an algorithm area to define an algorithm. Certain embodiments provide live evaluation of an expression as the algorithm is being defined. Certain embodiments provide a design canvas area and blocks for designing an algorithm. Certain embodiments provide live feedback for blocks as the algorithm is being designed. Certain embodiments provide for initiating placement of an order to be managed by a selected user-defined trading algorithm from a value axis and for displaying working orders being managed by different user-defined trading algorithms on the value axis. Certain embodiments provide a ranking tool.

US Patent:

20110093379, Apr 21, 2011

Filed:

Oct 15, 2010

Appl. No.:

12/905726

Inventors:

Richard Lane - Chicago IL, US
Michael Unetich - Chicago IL, US
Daniel Lidor - Chicago IL, US
Nathan Edwards - Hilton Head Island SC, US

Assignee:

Trading Technologies International, Inc. - Chicago IL

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

Certain embodiments reduce the risks of traditionally programmed algorithms such as syntax errors, unclear logic, and the need for a non-trader programmer to develop the algorithm as specified by a trader by reducing or eliminating the writing of programming code by a user. Certain embodiments provide a design canvas area and blocks for designing an algorithm. Certain embodiments provide for grouping blocks placed in the design canvas area. Certain embodiments provide for virtualized group blocks enabling dynamic instantiation of portions of an algorithm to handle particular discrete events. Certain embodiments provide for operation of some or all portions of an algorithm when a connection between a client device and an algorithm server is broken.

US Patent:

20140081825, Mar 20, 2014

Filed:

Sep 17, 2013

Appl. No.:

14/029464

Inventors:

Richard Lane - Chicago IL, US

Assignee:

TRADING TECHNOLOGIES INTERNATIONAL, INC. - Chicago IL

International Classification:

G06Q 40/04

US Classification:

705 37

Abstract:

Certain embodiments provide a block placing tool for building a user-defined algorithm for electronic trading. Certain embodiments provide for receiving by a block placing tool a selection of one or more blocks. Certain embodiments provide for receiving by a block placing tool a mapping definition including a mapping between block types and/or attributes. Certain embodiments provide for placing blocks based on a selection of blocks and a mapping definition.

US Patent:

41443039, Mar 13, 1979

Filed:

Aug 29, 1977

Appl. No.:

5/828680

Inventors:

Jack E. Glatt - Barrington IL
Jacob J. Detzel - Richmond IL
Richard Lane - Streamwood IL

Assignee:

Keolyn Plastics, Inc. - Mount Prospect IL

International Classification:

B29D 300
B29F 100

US Classification:

264138

Abstract:

A method and apparatus for molding a composite plastic article having a piece of plastic film fused to the outer surface of the plastic article at a location away from the main parting line of the mold in which the plastic article is formed.

US Patent:

20210125281, Apr 29, 2021

Filed:

Jan 6, 2021

Appl. No.:

17/143129

Inventors:

- Chicago IL, US
Richard LANE - Chicago IL, US
Andrew SHIELDS - Chicago IL, US
Gregory RYBA - Glen Ellyn IL, US
Kevin Lim DUDEY - Chicago IL, US
Richard Aleth LOWE - Evanston IL, US
Stephen P. DECKER - Naperville IL, US

International Classification:

G06Q 40/04

Abstract:

Trading tools may be manipulated by allowing assembly, disassembly, and configuration of different trading tools. The assembly of different trading tools may generate combined trading tools. The combined trading tools may enable interoperability between the trading tools therein. Customization of the combined trading tools may be enabled by enabling a user to rearrange predefined areas displayed within the trading tools within the combined trading tools. The customization of the combined trading tools may enable customization of different functionality within the combined trading tools. The trading tools within a combined trading tool may include a tab tool for enabling multiple instances of another trading tool to which the tab tool is attached. Each instance of a trading tool may be associated with a respective tab for enabling a user to toggle between the multiple instances of the trading tool.