Company Filing History:
Years Active: 2009-2021
Title: The Innovations of Mark A Esposito
Introduction
Mark A Esposito is a notable inventor based in Chicago, IL, with a focus on hybrid trading systems. He holds five patents that showcase his expertise in the field of trading mechanisms. His work has significantly contributed to the evolution of trading practices in financial markets.
Latest Patents
One of his latest patents is a hybrid trading system designed for concurrently trading securities or derivatives through both electronic and open-outcry trading mechanisms. This system and method of allocating orders in an exchange allows for multiple quotes to be disseminated to the market while limiting market making to entities with a physical presence on the exchange floor. Additionally, the methods enhance the hybrid electronic and open-outcry exchange by automatically eliminating crossed quotes and locked quotes, while permitting certain orders to trade against locked quotes.
Career Highlights
Mark has had a distinguished career, working with prominent organizations such as the Chicago Board Options Exchange and Cboe Exchange, Inc. His experience in these institutions has allowed him to develop innovative solutions that address the complexities of modern trading environments.
Collaborations
Throughout his career, Mark has collaborated with various professionals, including Eileen C Smith and Anthony Montesano. These collaborations have further enriched his work and contributed to the advancements in trading systems.
Conclusion
Mark A Esposito's contributions to the field of trading systems through his patents and career achievements highlight his role as an influential inventor. His innovative approaches continue to shape the landscape of trading in financial markets.