Company Filing History:
Years Active: 2011
Title: The Innovations of Charles Keller Reid
Introduction
Charles Keller Reid is an accomplished inventor based in Dallas, TX (US). He has made significant contributions to the field of financial technology through his innovative patent. His work focuses on enhancing the efficiency of order routing systems in financial markets.
Latest Patents
Reid holds a patent for an "Order routing system and method incorporating dark pools." This method involves routing a financial instrument order that includes an identification of a financial instrument, a bid or ask price, and a number of units to be traded. The process determines a ping order of dark pools and routes the order to a top dark pool as an immediate or cancel order. If the order is not complete, the ping order is updated by removing the top dark pool, and the process continues until all dark pools have been pinged or the order is complete. If the order remains incomplete, it is routed to an electronic communication network (ECN) or exchange.
Career Highlights
Reid is currently associated with Penson Worldwide, Inc., where he applies his expertise in financial technologies. His innovative approach to order routing has the potential to streamline trading processes and improve market efficiency.
Conclusion
Charles Keller Reid's contributions to the field of financial technology through his patent demonstrate his commitment to innovation. His work continues to influence the way financial orders are processed in modern markets.