Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2003-03-31
2008-11-04
Kramer, James A (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
07447655
ABSTRACT:
A system and methods for automatic scalping in an electronic trading environment are presented. According to one embodiment, a trading application may display an indicator associated with a price level based on which a tradable object can be automatically traded. When a scalping application detects a fill associated with a first order, the scalping application may automatically enter a second order to offset a position created with the first order. According to one embodiment, the second order is automatically placed on the market when the inside market moves to a predetermined price level in relation to the displayed indicator.
REFERENCES:
patent: 4674044 (1987-06-01), Kalmus
patent: 4750135 (1988-06-01), Boilen
patent: 4903201 (1990-02-01), Wagner
patent: 5038284 (1991-08-01), Kramer
patent: 5077665 (1991-12-01), Silverman
patent: 5101353 (1992-03-01), Lupien
patent: 5136501 (1992-08-01), Silverman
patent: 5270922 (1993-12-01), Higgins
patent: 5297031 (1994-03-01), Gutterman
patent: 5297032 (1994-03-01), Trojan
patent: 5675746 (1997-10-01), Marshall
patent: 5689651 (1997-11-01), Lozman
patent: 5689652 (1997-11-01), Lupien et al.
patent: 5768158 (1998-06-01), Adler et al.
patent: 5774877 (1998-06-01), Patterson
patent: 5774878 (1998-06-01), Marshall
patent: 5793301 (1998-08-01), Patterson
patent: 5797002 (1998-08-01), Patterson
patent: 5845266 (1998-12-01), Lupien
patent: 5873071 (1999-02-01), Ferstenberg et al.
patent: 5915245 (1999-06-01), Patterson
patent: 5924082 (1999-07-01), Silverman
patent: 5924083 (1999-07-01), Silverman
patent: 5926801 (1999-07-01), Matsubara
patent: 5946667 (1999-08-01), Tull
patent: 5950177 (1999-09-01), Lupien et al.
patent: 5963923 (1999-10-01), Garber
patent: 6012046 (2000-01-01), Lupien
patent: 6014643 (2000-01-01), Minton
patent: 6035287 (2000-03-01), Stallaert
patent: 6073115 (2000-06-01), Marshall
patent: 6098051 (2000-08-01), Lupien
patent: 6131087 (2000-10-01), Luke
patent: 6134535 (2000-10-01), Belzberg
patent: 6161098 (2000-12-01), Wallman
patent: 6195647 (2001-02-01), Martyn
patent: 6272474 (2001-08-01), Garcia
patent: 6278982 (2001-08-01), Korhammer
patent: 6282521 (2001-08-01), Howorka
patent: 6408282 (2002-06-01), Buist
patent: 6516303 (2003-02-01), Wallman
patent: 6697099 (2004-02-01), Smith et al.
patent: 6766304 (2004-07-01), Kemp
patent: 6772132 (2004-08-01), Kemp et al.
patent: 6826553 (2004-11-01), DaCosta et al.
patent: 6839686 (2005-01-01), Galant
patent: 6876981 (2005-04-01), Breckmans
patent: 6938011 (2005-08-01), Kemp et al.
patent: 6993504 (2006-01-01), Friesen
patent: 7127424 (2006-10-01), Kemp, II et al.
patent: 7155410 (2006-12-01), Woodmansey et al.
patent: 7181424 (2007-02-01), Ketchum et al.
patent: 7181425 (2007-02-01), Cha
patent: 7209896 (2007-04-01), Serkin et al.
patent: 7243083 (2007-07-01), Burns et al.
patent: 2002/0023038 (2002-02-01), Fritsch
patent: 2002/0035534 (2002-03-01), Buist
patent: 2002/0046146 (2002-04-01), Otero
patent: 2002/0046149 (2002-04-01), Otero
patent: 2002/0046151 (2002-04-01), Otero
patent: 2002/0046156 (2002-04-01), Horn
patent: 2002/0049661 (2002-04-01), Otero
patent: 2002/0055899 (2002-05-01), Williams
patent: 2002/0059129 (2002-05-01), Kemp
patent: 2002/0073017 (2002-06-01), Robertson
patent: 2002/0091611 (2002-07-01), Minton
patent: 2002/0099644 (2002-07-01), Kemp
patent: 2002/0120551 (2002-08-01), Jones
patent: 2002/0138401 (2002-09-01), Allen
patent: 2002/0178096 (2002-11-01), Marshall
patent: 2003/0004852 (2003-01-01), Burns
patent: 2003/0004853 (2003-01-01), Ram
patent: 2003/0009411 (2003-01-01), Ram
patent: 2003/0023536 (2003-01-01), Hollerman et al.
patent: 2003/0023542 (2003-01-01), Kemp
patent: 2003/0065608 (2003-04-01), Cutler
patent: 2003/0069834 (2003-04-01), Cutler
patent: 2003/0097325 (2003-05-01), Freisen
patent: 2003/0126065 (2003-07-01), Eng
patent: 2003/0200167 (2003-10-01), Kemp et al.
patent: 2003/0236737 (2003-12-01), Kemp et al.
patent: 2004/0093300 (2004-05-01), Burns
patent: 2004/0103054 (2004-05-01), Singer
patent: 2004/0117292 (2004-06-01), Brumfield et al.
patent: 2006/0259383 (2006-11-01), Kemp et al.
patent: 2006/0259384 (2006-11-01), Schluetter et al.
patent: 2006/0259404 (2006-11-01), Brumfield et al.
patent: 2006/0259411 (2006-11-01), Burns
patent: 2006/0259412 (2006-11-01), Kemp et al.
patent: 2006/0265303 (2006-11-01), Kemp et al.
patent: 2006/0265304 (2006-11-01), Brumfield et al.
patent: 2006/0265305 (2006-11-01), Schuletter et al.
patent: 2006/0271475 (2006-11-01), Brumfield et al.
patent: 1067471 (2001-01-01), None
patent: WO9114231 (1991-09-01), None
patent: WO95/26005 (1995-09-01), None
patent: WO9849639 (1998-11-01), None
patent: WO9919821 (1999-04-01), None
patent: WO 99/30259 (1999-06-01), None
patent: WO99/30259 (1999-06-01), None
patent: WO9953424 (1999-10-01), None
patent: WO00/52619 (2000-09-01), None
patent: WO00/62187 (2000-10-01), None
patent: WO00/62187 (2000-10-01), None
patent: WO00/65510 (2000-11-01), None
patent: WO01/16830 (2001-03-01), None
patent: WO01/16852 (2001-03-01), None
patent: WO01/16852 (2001-03-01), None
patent: WO01/22266 (2001-03-01), None
patent: WO01/22315 (2001-03-01), None
patent: WO0122315 (2001-03-01), None
patent: WO 01/27843 (2001-04-01), None
patent: WO 01/71557 (2001-09-01), None
patent: WO0165403 (2001-09-01), None
patent: WO01/88808 (2001-11-01), None
patent: WO02103601 (2001-12-01), None
patent: WO02/15461 (2002-02-01), None
patent: WO02/33621 (2002-04-01), None
patent: WO02/33623 (2002-04-01), None
patent: WO02/33635 (2002-04-01), None
patent: WO02/33636 (2002-04-01), None
patent: WO02/33637 (2002-04-01), None
patent: WO0229686 (2002-04-01), None
patent: WO02/48945 (2002-06-01), None
patent: WO02/059815 (2002-08-01), None
patent: WO02/069226 (2002-09-01), None
patent: WO02/079940 (2002-10-01), None
patent: WO02/093325 (2002-11-01), None
patent: WO 03/017062 (2003-02-01), None
patent: WO03090032 (2003-10-01), None
patent: WO03090032 (2003-10-01), None
English Translation of TSE “Publication 1”.
English Translation of TSE “Publication 2”.
English Translation of TSE “Publication 3”.
English Translation of TSE Document 1.
REFCO English Translation of TSE “Publication 1”.
REFCO English Translation of TSE “Publication 2”.
REFCO English Translation of TSE “Publication 3”.
APT Brochure, LIFFE Exchange, circa 1990*.
Trading Screen, INTEX of Bermuda, circa 1984*.
Weber, Information Technology in the Major International Financial Markets, Apr. 7, 1993.
Trading Screen, TIFFE Exchange, circa 1989-1990*.
Trading Screen, MEFF, Exchange, circa 1990*.
Cavaletti, Order Routing Article, Futures Magazine, Feb. 1997.
Aurora Article, CBOT, circa 1989*.
One Click Trading Options, Trading Technologies, circa 1998.
Trading Screen, SWX Exchange, circa 1990*.
Expanding futures and options trading around the world, around the clock, GLOBEX, circa 1989*.
Hansell, The computer that ate Chicago, Institutional Investor, Feb. 1989.
Globex Report: An update on the CME Global electronic exchange, Feb. 10, 1989.
NYMEX Access Documents, New York Mercantile Exchange, Feb. 28, 1992.
CATS Traders' Manual, Toronto Stock Exchange, Sep. 30, 1977.
Market Watch, Trading Screen, date not available.
Grummer, Peake, Sellers, Preliminary Feasibility Study, Bermudex Ltd., Nov. 1980.
Peake, Mendellson, The ABCs of trading on a national market system, Appendix C of Preliminary Feasibility Study, Bermudex Ltd., Sep. 1997.
Peake, The last 15 meters, Appendix E of Preliminary Feasibility Study, Bermudex Ltd., Jun. 15, 1997.
Declaration of Brendan Bradley in Case No. 04 C 5312, Nov. 18, 2004.
Memorandum Opinion Published Feb. 9, 2005, of Judge James B. Moran in Case No. 04 C 5312.
USPTO Presentation, NASDAQ, Nov. 8, 2001.
Kharouf, A Trading Room with a View, Futures, 27, 11—Nov. 1998.
www.tradingtechnologies.com/products/xtrade—full.html (viewed May 22, 2001) Jun. 9, 2000.
NASDAQ Workstation II User Guide, Guide to Enhancements for NASDAQ Workstation II Software Release (Apr. 1998) as viewed on the Internet Achieves http://web.archive.org/web/2003120804111
Brumfield Harris
Ebersole Joan
Pazner Assaf
Kramer James A
Lemieux Jessica L
McDonnell Boehnen & Hulbert & Berghoff LLP
Trading Technologies International Inc.
LandOfFree
System and method for automatic scalping of a tradeable... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with System and method for automatic scalping of a tradeable..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for automatic scalping of a tradeable... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-4028907