Nicholas E Stech

US Patent:

8326733, Dec 4, 2012

Filed:

Oct 2, 2009

Appl. No.:

12/572567

Inventors:

Steve Swanson - Mt. Pleasant SC, US
Julian Greim - Charleston SC, US
Nicholas Stech - Daniel Island SC, US

Assignee:

Automated Trading Desk, LLC - Mount Pleasant SC

International Classification:

G06Q 40/00

US Classification:

705 37, 705 36 R

Abstract:

A system and appertaining method are provided in which a brokerage firm transmits confidential information about security trading intentions to an anonymous server that follows through on a trade only if there is a likelihood that the trade can be completed. Pricing inputs are obtained that help a price engine determine pricing information for securities. The trade itself is executed by a primary trading system. If the trade is not completed, then the confidential information is not shared with a market maker or other purchasing or selling entity. When security is low and trust is high, for speed purposes, among other things, the anonymous server may be located with a market maker. When security is high and trust is low, any or all of the anonymous server, price engine, and primary trading system can be collocated on site with the broker in a secure environment.

US Patent:

8326734, Dec 4, 2012

Filed:

Oct 2, 2009

Appl. No.:

12/572595

Inventors:

Steve Swanson - Mt. Pleasant SC, US
Julian Greim - Charleston SC, US
Nicholas Stech - Daniel Island SC, US

Assignee:

Automated Trading Desk, LLC - Mount Pleasant SC

International Classification:

G06Q 40/00

US Classification:

705 37, 705 36 R

Abstract:

A system and appertaining method are provided in which a brokerage firm transmits confidential information about security trading intentions to an anonymous server that follows through on a trade only if there is a likelihood that the trade can be completed. Pricing inputs are obtained that help a price engine determine pricing information for securities. The trade itself is executed by a primary trading system. If the trade is not completed, then the confidential information is not shared with a market maker or other purchasing or selling entity. When security is low and trust is high, for speed purposes, among other things, the anonymous server may be located with a market maker. When security is high and trust is low, any or all of the anonymous server, price engine, and primary trading system can be collocated on site with the broker in a secure environment.

US Patent:

20070271169, Nov 22, 2007

Filed:

May 16, 2006

Appl. No.:

11/434942

Inventors:

Steve Swanson - Mt. Pleasant SC, US
Julian Greim - Charleston SC, US
Nicholas Stech - Daniel Island SC, US

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

A system and appertaining method are provided in which a brokerage firm transmits confidential information about security trading intentions to an anonymous server that follows through on a trade only if there is a likelihood that the trade can be completed. Pricing inputs are obtained that help a price engine determine pricing information for securities. The trade itself is executed by a primary trading system. If the trade is not completed, then the confidential information is not shared with a market maker or other purchasing or selling entity. When security is low and trust is high, for speed purposes, among other things, the anonymous server may be located with a market maker. When security is high and trust is low, any or all of the anonymous server, price engine, and primary trading system can be collocated on site with the broker in a secure environment.

US Patent:

20210295269, Sep 23, 2021

Filed:

Feb 2, 2021

Appl. No.:

17/165090

Inventors:

- Chicago IL, US
Anatoliy YUDOVICH - Riverwoods IL, US
Nicholas STECH - Chicago IL, US
Adrian MILLER - Oroville CA, US
Raj FERNANDO - Chicago IL, US

International Classification:

G06Q 10/10
H04L 12/58

Abstract:

Disclosed herein are system, method, and computer program product embodiments for delivering and receiving messages. An embodiment operates by allowing users to subscribe to various chat panels of a messaging system. Users will be able to utilize the chat panels to send and receive messages. In a corporate context, an administrator may be able to quickly send unidirectional messages to employees as well as assign users to mandatory divisions based on job function. In an embodiment, the messaging system also allows for email integration and graphical user interface workspace configuration.

US Patent:

20180260782, Sep 13, 2018

Filed:

Mar 7, 2018

Appl. No.:

15/914319

Inventors:

- Chicago IL, US
Anatolly Yudovich - Riverswood IL, US
Nicholas Stech - Chicago IL, US
Adrian Miller - Oroville CA, US
Raj Fernando - Chicago IL, US

International Classification:

G06Q 10/10
H04L 12/58

Abstract:

Disclosed herein are system, method, and computer program product embodiments for delivering and receiving messages. An embodiment operates by allowing users to subscribe to various chat panels of a messaging system. Users will be able to utilize the chat panels to send and receive messages. In a corporate context, an administrator may be able to quickly send unidirectional messages to employees as well as assign users to mandatory divisions based on job function. In an embodiment, the messaging system also allows for email integration and graphical user interface workspace configuration.