Company Filing History:
Years Active: 2020
Title: Innovations of James Hyde in Electronic Trading Systems
Introduction
James Hyde is an accomplished inventor based in Holmdel, NJ (US). He has made significant contributions to the field of electronic trading systems, holding a total of 2 patents. His work focuses on enhancing the efficiency and effectiveness of trading platforms.
Latest Patents
One of James Hyde's latest patents is for a large liquidity seeking trading platform. This electronic trading system implements a display price that guarantees a minimum available quantity for trade. The system determines the quantity of financial instruments available at various prices for incoming orders. A display bid price and display offer price are established so that the quantity available at these prices exceeds a display quantity threshold. The system receives orders designated as fast and slow. Fast orders are utilized for large, rapid trades at known prices, while slow orders trade with a delay for a price improvement auction. Orders that meet a minimum order quantity threshold may participate in an auction for incoming orders that offers price improvement to the execution price of aggressively priced orders. Additionally, the system implements risk management measures based on order size and percentage filled for individual trades and series of trades. It also supports orders having multiple legs.
Career Highlights
James Hyde is currently employed at NYSE Group, Inc., where he continues to innovate in the field of electronic trading. His expertise and inventions have contributed to the advancement of trading technologies.
Collaborations
Throughout his career, James has collaborated with notable colleagues, including Amy Joy Farnstrom and Steven G. Crutchfield. These collaborations have further enriched his work and contributions to the industry.
Conclusion
James Hyde's innovations in electronic trading systems demonstrate his commitment to improving financial technologies. His patents reflect a deep understanding of market dynamics and the need for efficient trading solutions.