Company Filing History:
Years Active: 2021
Title: David Paul Plandowski: Innovator in Trade Matching Technology
Introduction
David Paul Plandowski is an accomplished inventor based in Chicago, Illinois. He has made significant contributions to the field of trade matching technology, particularly through his innovative patent. His work is instrumental in enhancing the efficiency of inter-commodity spread orders.
Latest Patents
David holds a patent for "Spread price scaling for implied trade matching." This invention describes a computer-implemented method for creating and matching implied inter-commodity spread orders. The unique aspect of his patent is that the spread ratio between the legs of the inter-commodity spread is endogenous. The implied spread price is determined through a multi-step calculation, which includes determining the price ratio between the underlying products and balancing the quantity of contracts required for each leg product.
Career Highlights
David is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in trade matching technology. His role at this prestigious institution allows him to influence the financial markets significantly. With a focus on innovation, he continues to develop solutions that enhance trading efficiency.
Collaborations
David has collaborated with notable colleagues, including Richard Co and Thomas Patrick Rafferty. Their combined expertise contributes to the advancement of technology in the trading sector.
Conclusion
David Paul Plandowski is a key figure in the realm of trade matching technology, with a patent that showcases his innovative approach. His work at the Chicago Mercantile Exchange Inc. and collaborations with esteemed colleagues further highlight his impact on the industry.