Company Filing History:
Years Active: 2019-2025
Title: Kireeti Reddy: Innovator in Market Operations
Introduction
Kireeti Reddy is a prominent inventor based in Chicago, IL, known for his significant contributions to market operations. He holds a total of 11 patents, showcasing his innovative approach to enhancing trading systems and order management.
Latest Patents
One of Kireeti Reddy's latest patents focuses on market operation through the regulation of incoming order match allocation and dynamic resting order match allocation priorities. The disclosed embodiments relate to the regulation of the rate of incoming orders by buffering or batching orders together as they are received. This process allows for the subsequent forwarding of batches of orders to a match engine for processing, thereby equalizing orders from traders with varying abilities to rapidly submit orders or capitalize on market events. Additionally, the embodiments prioritize the matching of resting orders against incoming orders. Specifically, the priority of a given resting order is altered to match against an incoming order relative to other suitably matching resting orders, based on how long the orders have been resting on the order book.
Career Highlights
Kireeti Reddy is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in market operations. His work has significantly impacted the efficiency and effectiveness of trading practices within the organization.
Collaborations
Some of Kireeti's notable coworkers include Paul J Callaway and Sean Castette, who contribute to the innovative environment at the Chicago Mercantile Exchange Inc.
Conclusion
Kireeti Reddy's innovative patents and contributions to market operations demonstrate his commitment to advancing trading technologies. His work continues to influence the field and improve the efficiency of order management systems.