Thomas A Daley

US Patent:

7835987, Nov 16, 2010

Filed:

Jan 29, 2004

Appl. No.:

10/767588

Inventors:

Thomas J. Daley - McKinney TX, US
Pavan K. Garapati - Plano TX, US

Assignee:

BGC Partners, Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 40, 705 41

Abstract:

A system for routing a trading order to a market center according to price comprises a memory and a processor. The memory stores policy information, cost information, and rebate information associated with a plurality of market centers. The processor receives a trading order specifying a trading product, a plurality of market center prices for the trading order, and best price information for the trading product. The processor adjusts at least one market center price according to the policy information of the corresponding market center and the best price information. The processor also adjusts at least one market center price according to at least one of the cost information and the rebate information of the corresponding market center. The processor then compares the plurality of market center prices, and selects a particular market center based at least in part upon the comparison.

US Patent:

20050171887, Aug 4, 2005

Filed:

Jan 29, 2004

Appl. No.:

10/766965

Inventors:

Thomas Daley - McKinney TX, US
Pavan Garapati - Plano TX, US
Phil Reeves - New York NY, US
Mark Stutzmann - East Norwich NY, US

International Classification:

G06F017/60

US Classification:

705037000

Abstract:

A system for avoiding transaction costs associated with trading orders comprises a memory and a processor. The memory stores an order identifier associated with a trading order, and a time threshold associated with the trading order. The processor monitors the length of time the trading order is active with a market center that is processing the trading order. The processor further determines a timeout when the length of time the trading order is active with the market center equals or exceeds the time threshold. The processor then communicates a cancel instruction for the trading order in response to determining the timeout.

US Patent:

20050171888, Aug 4, 2005

Filed:

Jan 29, 2004

Appl. No.:

10/767546

Inventors:

Thomas Daley - McKinney TX, US
Pavan Garapati - Plano TX, US

International Classification:

G06F017/60

US Classification:

705037000

Abstract:

A system for routing a trading order to a market center comprises a memory and a processor. The memory stores a trading order specifying a trading product. The processor determines a plurality of market center prices for the trading product, each market center price associated with at least one of a plurality of market centers. The processor selects one of the plurality of market centers based upon the determined market center prices. The processor further determines a disclosure policy for the selected market center and routes the trading order to the selected market center according to the determined disclosure policy.

US Patent:

20050171890, Aug 4, 2005

Filed:

Jan 29, 2004

Appl. No.:

10/767649

Inventors:

Thomas Daley - McKinney TX, US
Pavan Garapati - Plano TX, US
Phil Reeves - New York NY, US
Mark Stutzmann - East Norwich NY, US

International Classification:

G06F017/60

US Classification:

705037000

Abstract:

A system for matching trading orders comprises a memory and a processor. The memory stores a plurality of bid requests for a trading product, each bid request is associated with at least one of a trader and a market center, a bid quantity for the trading product, and a bid price for the trading product. The processor receives a trading order specifying an offer request for the trading product, the trading order further specifying an offer quantity for the trading product and a target offer price for the trading product. The processor identifies at least one of the plurality of bid requests having a bid price that is greater than or equal to the target offer price. The processor then matches the offer request of the trading order with the at least one identified bid request if the identified bid request is associated with a trader, and routes the trading order to a particular market center if the at least one identified bid request. is associated with the particular market center.

US Patent:

20050171891, Aug 4, 2005

Filed:

Jan 29, 2004

Appl. No.:

10/767699

Inventors:

Thomas Daley - McKinney TX, US
Pavan Garapati - Plano TX, US

International Classification:

G06F017/60

US Classification:

705037000

Abstract:

A system for controlling the disclosure of a trading order comprises a memory and a processor. The memory stores disclosure policies associated with market centers. The processor receives a trading order for a trading product that specifies a total quantity of the trading product and a maximum disclosure quantity of the trading product. The trading order is associated with a particular market center. The processor then routes the trading order to the particular market center according to the disclosure policy associated with the particular market center.

US Patent:

20120123925, May 17, 2012

Filed:

Nov 12, 2010

Appl. No.:

12/945046

Inventors:

Thomas J. Daley - McKinney TX, US
Pavan K. Garapati - Plano TX, US

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

A system for routing a trading order to a market center according to price comprises a memory and a processor. The memory stores policy information, cost information, and rebate information associated with a plurality of market centers. The processor receives a trading order specifying a trading product, a plurality of market center prices for the trading order, and best price information for the trading product. The processor adjusts at least one market center price according to the policy information of the corresponding market center and the best price information. The processor also adjusts at least one market center price according to at least one of the cost information and the rebate information of the corresponding market center. The processor then compares the plurality of market center prices, and selects a particular market center based at least in part upon the comparison.

US Patent:

20230091620, Mar 23, 2023

Filed:

Dec 2, 2022

Appl. No.:

18/073638

Inventors:

- New York NY, US
John Silvestri - New York NY, US
Thomas J. Daley - McKinney TX, US

International Classification:

G06Q 40/04
G06Q 20/40
G06Q 30/06

Abstract:

In an embodiment, an apparatus comprises a processor, and a memory that stores a program. The program, when executed by the processor, directs the processor to perform a method including the following steps: receiving an encrypted query, in which the query indicates at least one security, and at least one price; determining whether the encrypted query corresponds to any order in an encrypted data set that represents orders; outputting a response to the query, in which the response indicates whether the encrypted query corresponds to any order in an encrypted data set that represents orders; receiving order data that represents the orders; and encrypting the order data to yield the encrypted data set that represents orders.

US Patent:

20150310553, Oct 29, 2015

Filed:

Jun 22, 2015

Appl. No.:

14/745708

Inventors:

- New York NY, US
John Silvestri - New York NY, US
Thomas J. Daley - McKinney TX, US

International Classification:

G06Q 40/04

Abstract:

In an embodiment, an apparatus comprises a processor, and a memory that stores a program. The program, when executed by the processor, directs the processor to perform a method including the following steps: receiving an encrypted query, in which the query indicates at least one security, and at least one price; determining whether the encrypted query corresponds to any order in an encrypted data set that represents orders; outputting a response to the query, in which the response indicates whether the encrypted query corresponds to any order in an encrypted data set that represents orders; receiving order data that represents the orders; and encrypting the order data to yield the encrypted data set that represents orders.