Location History:
- Summit, NY (US) (2010)
- Summit, NJ (US) (2010 - 2018)
Company Filing History:
11 out of 27 
1 out of 17 Years Active: 2010-2018
Title: The Innovative Contributions of Daniel O. Cleaves in Trading Systems
Introduction: Daniel O. Cleaves, a prolific inventor based in Summit, NY, has made significant strides in the field of trading systems, holding a total of 12 patents. His work focuses on enhancing the efficiency and effectiveness of trading mechanisms, particularly through innovative approaches to workup trading.
Latest Patents: Among Cleaves' latest inventions are groundbreaking systems and methods for providing workup trading. His first patent outlines a trading system that matches a passive order to buy or sell an item at a specified price with an aggressive order to hit or lift that item. This system initiates a workup phase, allowing additional orders to be submitted at the passive order price, ultimately enabling further orders to be presented at better prices. If a submitted order meets certain threshold criteria, a new workup can be launched at this improved price. His second patent addresses similar concerns but does so without exclusive trading privileges, enhancing traditional workup operations while circumventing drawbacks associated with prior art protocols. By implementing a structured protocol designed to enhance trading efficiency, Cleaves aims to create a more equitable market environment for all participants.
Career Highlights: Cleaves has had a remarkable career, contributing his expertise to two notable companies: Icap Services North America and Nex Services North America. His innovative spirit and dedication have driven both companies to explore advanced trading solutions, enabling better market dynamics.
Collaborations: Throughout his career, Cleaves has collaborated with several talented professionals, including Deborah Kessler and Ronald A. Purpora. These partnerships have allowed for the exchange of ideas and the development of cutting-edge technologies in trading systems.
Conclusion: Daniel O. Cleaves stands out as an influential figure in the world of trading technology. With 12 patents to his name, he continues to advance the landscape of trading systems, ensuring that traders can operate more effectively and fairly in an ever-evolving market. His work demonstrates the impact of innovation in facilitating better trading mechanisms, making him a prominent inventor in his field.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.