Karen Ilse Setz

Title: Inventor Spotlight: Karen Ilse Setz from Tarrytown, NY

Introduction

Karen Ilse Setz is an innovative inventor based in Tarrytown, NY, who has made significant contributions to the field of automated trading systems. With a remarkable portfolio of three patents, she has demonstrated a commitment to advancing technology in the financial sector.

Latest Patents

Among her latest innovations is an advanced automated trading system that enhances the efficiency of trading processes. This system incorporates a quote screening function designed to accept quotes specifying a quote amount greater than a minimum threshold, thereby producing screened quote messages while rejecting quotes that do not meet the criteria. The technology also features a market view generator that creates market views from qualifying quotes. Furthermore, an order screening function accepts orders below a maximum transaction amount based on market views, ensuring a streamlined transaction processing through a transaction processor that matches screened quote messages with screened order messages effectively. The design stipulates that the minimum quote amount is equal to or greater than the maximum transaction amount, allowing for complete matches of order and quote messages, significantly optimizing the trading experience.

Career Highlights

Throughout her career, Karen has worked with prominent companies in the financial technology sector, including EBS Group Limited and FX Alliance, LLC. Her experiences in these companies have equipped her with a deep understanding of the trading systems landscape and the necessity of innovation in this area.

Collaborations

Karen's journey has also seen her collaborate with distinguished professionals in her field, including Snezhana Malkin and Leong Fai Mah. These partnerships have played a vital role in shaping her inventions and expanding her impact within the industry.

Conclusion

In conclusion, Karen Ilse Setz is a notable inventor whose work is revolutionizing the automated trading system landscape. With her innovative patents and collaborative spirit, she continues to push the boundaries of technology, contributing to the efficiency and effectiveness of financial trading systems. Her dedication to research and development highlights the importance of innovation in the competitive world of finance.