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The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Patent No.:

US 11354736 B1

PDFFull Text
Date of Patent:
Jun. 07, 2022

Filed:

Oct. 29, 2014

Electronic trading system utilizing user-customized implied probability distributions and graphical user interface for same

Applicant:

Interactive Brokers Llc, Greenwich, CT (US);

Inventors:

Thomas Pechy Peterffy, Greenwich, CT (US);

Eugene Balkovski, Stamford, CT (US);

David Bowman, New Canaan, CT (US);

Milan Galik, Darien, CT (US);

Dennis Stetsenko, Riverside, CT (US);

Assignee:

Interactive Brokers LLC, Greenwich, CT (US);

Attorneys:

Brown Rudnick LLP

Ian G. DiBernardo

Primary Examiner:

Ryan D Donlon

Assistant Examiner:

Irene S Kang

Int. Cl.
CPC ...
G06Q 40/04 (2012.01); G07F 7/10 (2006.01); G06Q 40/08 (2012.01); G06Q 40/06 (2012.01);
U.S. Cl.
CPC ...
G06Q 40/04 (2013.01);
Abstract

Computer-implemented methods and systems, including a user interface, that (a) calculate and display a graphical representation of a market implied probability distribution for the future prices of a tradable asset, which is derived from real time prices of the options on the asset, (b) permit the user to customize the market implied probability distribution graph to reflect the user's own view on the probability that the future price of the asset will be within a price range, and (c) propose an optimal trading strategy implemented as a combination of option orders, which strategy is optimized to be profitable assuming the customized probability distribution (if any). The combination orders may be modified and/or added to by the user.

Find Patent Forward Citations

Peterffy, Thomas. (2022). Electronic trading system utilizing user-customized implied probability distributions and graphical user interface for same (U.S. Patent No. 11354736). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/11354736

Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile

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