Company Filing History:
13 out of 47 
3 out of 43 Years Active: 2009-2021
Title: Eileen C Smith: Innovator in Hybrid Trading Systems
Introduction
Eileen C Smith is a prominent inventor based in Chicago, IL, known for her significant contributions to the field of trading systems. With a total of 16 patents to her name, she has made remarkable advancements in the integration of electronic and open-outcry trading mechanisms. Her innovative approaches have transformed the way securities and derivatives are traded.
Latest Patents
Among her latest patents is a hybrid trading system designed for concurrently trading securities or derivatives through both electronic and open-outcry trading mechanisms. This system allows for multiple quotes to be disseminated to the market while limiting market making to entities with a physical presence on the exchange floor. Additionally, she has developed methods to enhance the hybrid exchange by automatically eliminating crossed and locked quotes, while still permitting certain orders to trade against locked quotes. Another notable patent involves a method for providing an automated auction for internalization and complex orders in a hybrid trading system. This method includes receiving orders at an electronic trade engine and selecting an allocation algorithm to allocate orders based on participant types.
Career Highlights
Eileen has worked with notable organizations such as the Chicago Board Options Exchange and Cboe Exchange, Inc. Her experience in these companies has allowed her to apply her innovative ideas in real-world trading environments, further solidifying her reputation as a leader in her field.
Collaborations
Throughout her career, Eileen has collaborated with esteemed colleagues, including Anthony Montesano and Edward T Tilly. These partnerships have contributed to her success and the development of her groundbreaking inventions.
Conclusion
Eileen C Smith's contributions to hybrid trading systems exemplify her innovative spirit and dedication to advancing the trading industry. Her patents reflect a deep understanding of market dynamics and a commitment to improving trading mechanisms.