Henrik Kraus

US Patent:

7991667, Aug 2, 2011

Filed:

Sep 14, 2009

Appl. No.:

12/559480

Inventors:

Henrik Kraus - Wilmette IL, US
Farley Owens - Chicago IL, US
Jens-Uwe Schluetter - Evanston IL, US

Assignee:

Trading Technologies International, Inc. - Chicago IL

International Classification:

G06Q 40/00

US Classification:

705 35

Abstract:

A margin requirement is computed while trading. The margin requirement may be calculated while trading because the preferred system takes into account working orders to generate the margin requirement. The on the fly possibility allows the preferred system to provide pre-trade risk calculations, but can also be used to provide post-trade calculations. A generic spread number and the maximum number of outright positions are determined. Using the spread positions and the maximum number of outright positions, a spread margin and an outright margin are calculated, which when summed provide a total margin requirement. Limits based in part on the total margin requirement may be imposed on one or more traders.

US Patent:

8255313, Aug 28, 2012

Filed:

Jun 15, 2011

Appl. No.:

13/161308

Inventors:

Henrik Kraus - Wilmette IL, US
Farley Owens - Chicago IL, US
Jens-Uwe Schluetter - Chicago IL, US

Assignee:

Trading Technologies International, Inc. - Chicago IL

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35, 705 37, 705 38

Abstract:

A margin requirement is computed while trading. The margin requirement may be calculated while trading because the preferred system takes into account working orders to generate the margin requirement. The on the fly possibility allows the preferred system to provide pre-trade risk calculations, but can also be used to provide post-trade calculations. A generic spread number and the maximum number of outright positions are determined. Using the spread positions and the maximum number of outright positions, a spread margin and an outright margin are calculated, which when summed provide a total margin requirement. Limits based in part on the total margin requirement may be imposed on one or more traders.

US Patent:

8380599, Feb 19, 2013

Filed:

May 14, 2012

Appl. No.:

13/470391

Inventors:

Henrik Kraus - Wilmette IL, US
Farley Owens - Chicago IL, US
Jens-Uwe Schluetter - Evanston IL, US

Assignee:

Trading Technologies International, Inc. - Chicago IL

International Classification:

G06Q 40/04

US Classification:

705 35, 705 36, 705 37, 705 38

Abstract:

A margin requirement is computed while trading. The margin requirement may be calculated while trading because the preferred system takes into account working orders to generate the margin requirement. The on the fly possibility allows the preferred system to provide pre-trade risk calculations, but can also be used to provide post-trade calculations. A generic spread number and the maximum number of outright positions are determined. Using the spread positions and the maximum number of outright positions, a spread margin and an outright margin are calculated, which when summed provide a total margin requirement. Limits based in part on the total margin requirement may be imposed on one or more traders.

US Patent:

7603303, Oct 13, 2009

Filed:

Jan 10, 2003

Appl. No.:

10/339947

Inventors:

Henrik Kraus - Wilmette IL, US
Farley Owens - Chicago IL, US
Jens-Uwe Schluetter - Evanston IL, US

Assignee:

Trading Technologies International, Inc. - Chicago IL

International Classification:

G06Q 40/00

US Classification:

705 35

Abstract:

A margin requirement is computed while trading. The margin requirement may be calculated while trading because the preferred system takes into account working orders to generate the margin requirement. The on the fly possibility allows the preferred system to provide pre-trade risk calculations, but can also be used to provide post-trade calculations. A generic spread number and the maximum number of outright positions are determined. Using the spread positions and the maximum number of outright positions, a spread margin and an outright margin are calculated, which when summed provide a total margin requirement. Limits based in part on the total margin requirement may be imposed on one or more traders.