Location History:
- Chicago, IL (US) (2022)
- Arlington Heights, IL (US) (2014 - 2024)
Company Filing History:
Years Active: 2014-2025
Title: Innovations by James Raitsev
Introduction
James Raitsev is an accomplished inventor based in Chicago, IL, known for his contributions to electronic trading systems. With a total of 4 patents, Raitsev has made significant advancements in the field of finance and technology.
Latest Patents
One of Raitsev's latest patents is titled "Accelerated trade matching using speculative parallel processing." This innovative electronic trading system is designed to create speculative orders based on real orders. The speculative order differs from the real order by the price, quantity, or type of financial instrument. The match engine selects one or more speculative orders to predict the next real order. Although processing multiple trades simultaneously is challenging, the use of speculative orders allows the match engine to perform necessary calculations and generate associated messages ahead of time. If the prediction is accurate, the matching activity has already been partially completed, enabling the match engine to process trades more efficiently and increasing the total trading volume handled by the system.
Another notable patent is "Event triggered trading." This invention discloses networks, systems, and methods for event-triggered trading of investment vehicles. Orders conditioned upon external events can be submitted to an exchange and held until the event occurs or does not occur. An event data feed provides information about the occurrence of the event. Upon receiving this information, the orders conditioned on the event are triggered, matched, and executed.
Career Highlights
James Raitsev is currently employed at the Chicago Mercantile Exchange Inc., where he continues to innovate in the field of electronic trading. His work has significantly impacted the efficiency and effectiveness of trading systems.
Collaborations
Raitsev has collaborated with notable colleagues, including Stanislav Liberman and Michael H Colligan, contributing to the advancement of trading technologies.
Conclusion
James Raitsev's innovative patents and contributions to electronic trading systems highlight his expertise and commitment to enhancing financial technology. His work continues to influence the industry and improve trading efficiency.