Donald M Cuba

Title: The Innovative Mind of Donald M Cuba

Introduction

Donald M Cuba is a notable inventor based in Tinley Park, IL (US). He has made significant contributions to the field of order allocation systems, holding a total of 3 patents. His work focuses on enhancing the efficiency of order matching processes in financial markets.

Latest Patents

Donald M Cuba's latest patents include a system and method for matching one or more incoming orders to a standing order based on multi-level allocation. This method involves receiving an incoming order and establishing an inner market that represents a first portion of an order book. The inner market is defined as a function of an inner market parameter, and the first portion of the order book is designated as a priority. The method allocates the first portion of the incoming order based on this priority. Additionally, an outer market is established to represent the remainder of the order book not covered by the inner market. The incoming order is assigned to either the inner or outer market based on the inner market parameter. The allocation process utilizes a first-in, first-out (FIFO) algorithm for the inner market and a pro-rata algorithm for the outer market.

Career Highlights

Throughout his career, Donald has worked with prominent organizations such as the Chicago Mercantile Exchange Inc. and the Board of Trade of the City of Chicago, Inc. His experience in these institutions has allowed him to refine his expertise in financial systems and order allocation.

Collaborations

Donald has collaborated with notable colleagues, including Andrew P Czupek and Bryan T Durkin. These partnerships have contributed to the development of innovative solutions in the field of order matching.

Conclusion

Donald M Cuba is a distinguished inventor whose work in order allocation systems has made a significant impact in financial markets. His innovative patents and career achievements reflect his dedication to enhancing efficiency in order processing.