This inventor holds 2 USPTO granted patents and 1 published patent application. Top assignee: Chicago Mercantile Exchange Inc.. Active years: 2008-2011.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2008-2011
Title: Mahesh G Hira: Innovator in Electronic Trading Systems
Introduction
Mahesh G Hira is a notable inventor based in Glen Ellyn, IL, who has made significant contributions to the field of electronic trading systems. With a focus on enhancing market efficiency and accuracy, he has developed innovative solutions that address critical challenges in trading environments. His work has led to the issuance of two patents, showcasing his expertise and commitment to advancing technology in finance.
Latest Patents
Mahesh G Hira's latest patents include a system and method for monitoring trades outside of a no-bust range in an electronic trading system. This alert system is designed to notify an Exchange's staff of trades that appear to be outside of an expected market range of prices. The system comprises an input device, determination logic, evaluation logic, and alert logic. The determination logic derives a theoretical no-bust range of prices based on data received from the input device. This range includes prices above and below a synthesized market price, within which an erroneous trade cannot be canceled. The evaluation logic monitors trades and compares them to the theoretical no-bust range of prices. When a potentially erroneous trade is identified, the alert logic notifies the Exchange's staff. This innovative method enhances the ability to manage trades effectively and ensures market integrity.
Career Highlights
Mahesh G Hira is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in electronic trading systems. His role involves developing and implementing advanced trading technologies that improve operational efficiency and reduce the risk of erroneous trades. His contributions have been instrumental in shaping the trading landscape and ensuring that exchanges operate smoothly.
Collaborations
Some of Mahesh G Hira's coworkers include Elizabeth D Freeman and Robert J Wilcox. Their collaboration fosters a dynamic work environment that encourages innovation and the sharing of ideas.
Conclusion
Mahesh G Hira is a distinguished inventor whose work in electronic trading systems has made a significant impact on the financial industry. His patents reflect his dedication to improving market operations and ensuring the accuracy of trades. His contributions continue to influence the evolution of trading technologies.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile