Location History:
- Stamford, CT (US) (1987)
- New Canaan, CT (US) (1994)
Company Filing History:
Years Active: 1987-1994
Title: Innovations by Donald R. Trojan in Securities Trading
Introduction
Donald R. Trojan is a notable inventor based in New Canaan, CT, who has made significant contributions to the field of securities trading. With a total of 2 patents, his work focuses on enhancing the efficiency and effectiveness of trading systems.
Latest Patents
Trojan's latest patents include the "Securities Trading Workstation" and the "Automated Securities Trading System." The Securities Trading Workstation is designed for traders operating in established markets. It integrates into a network of competing market makers and utilizes a centralized database to provide real-time data on market events, including price and transaction data. This workstation is programmed to convert the data stream into a format that enhances trading capabilities. It features seven applications that allow traders to track the market, select securities, and manage pricing and market depth.
The Automated Securities Trading System is a data processing apparatus that creates an automated trading market for various securities. It retrieves optimal bid and ask prices from a remote database and processes customer buy/sell orders by comparing them against predetermined parameters. This system not only executes orders but also provides inventory control and profit accounting for market makers. It updates relevant parameters upon price changes, ensuring that traders have the most accurate information available.
Career Highlights
Donald R. Trojan is associated with Merrill, Lynch, Pierce, Fenner & Smith, where he has applied his innovative ideas to improve trading systems. His work has been instrumental in shaping modern trading practices.
Collaborations
Some of his notable coworkers include Leslie P. Kalmus and Bradley Mott, who have collaborated with him on various projects within the company.
Conclusion
Donald R. Trojan's contributions to securities trading through his patents have significantly advanced the field. His innovative systems enhance trading efficiency and provide traders with the tools necessary for informed decision-making.