Company Filing History:
Years Active: 2023-2025
Title: Eric Crampton: Innovator in Electronic Trading Systems
Introduction
Eric Crampton is a notable inventor based in Overland Park, Kansas, with a focus on innovations in electronic trading systems. He holds a total of 5 patents that contribute to advancements in the financial technology sector. His work primarily revolves around managing latency in trading systems, which is crucial for enhancing market efficiency.
Latest Patents
One of Eric's latest patents is titled "Message randomization and delay based on order type in an electronic trading system." This invention addresses the technical advantages that certain market participants may possess by managing the latency of messages in an exchange system. The system includes a set of instructions that enable the processor of the exchange system to identify order types that are susceptible to these advantages. It applies a re-ordering of, and/or a fixed or random latency to, all orders of the identified order type during a predetermined time of a trading day.
Another significant patent is "System and method for implementing a system execution delay in response to liquidity removal for resting orders." This invention manages latency in response to the removal of liquidity in the exchange system. It includes a processor that gathers information on quote patterns and assesses them against parameters maintained in system memory. The system automatically adjusts latency to delay messages from market participants who are removing liquidity, particularly aggressive market participants.
Career Highlights
Eric Crampton is currently employed at Cboe Exchange, Inc., where he continues to develop innovative solutions for electronic trading. His expertise in managing message latency has positioned him as a key player in the financial technology landscape.
Collaborations
Eric collaborates with Christopher Andrew Isaacson, contributing to the development of advanced trading systems and technologies.
Conclusion
Eric Crampton's contributions to electronic trading systems through his patents demonstrate his commitment to innovation in the financial technology sector. His work not only enhances market efficiency but also addresses the challenges posed by latency in trading environments.