Company Filing History:
Years Active: 2020-2022
Title: The Innovative Journey of Inventor Martin Stroup
Introduction
Martin Stroup, a prominent inventor based in Chicago, IL, is known for his contributions to financial technology through his innovative patents. With a total of two patents to his name, Stroup has made significant advancements in the realm of financial transactions, particularly through the use of electronic requests for quotes.
Latest Patents
Stroup's latest patents focus on generating implied orders based on electronic requests for quotes, specifically aimed at determining implied spreads in financial transactions. The systems and methods he developed allow the generation of implied spread financial transactions using information from requests for quotes (RFQs). An RFQ processor module plays a crucial role by concentrating the calculations completed by an implied spread determination module. This innovation includes providing a financial instrument associated with an RFQ to the implied spread determination module, triggering the identification of any implied orders related to that particular financial instrument.
Career Highlights
Stroup is currently associated with the Chicago Mercantile Exchange Inc., where he continues to work on developing transformative financial solutions. His career reflects a strong commitment to enhancing the efficiency and effectiveness of financial markets through technology-driven innovations.
Collaborations
Throughout his career, Stroup has collaborated with talented individuals, including his coworkers Jake Siddall and Dave Salvadori. These partnerships have significantly contributed to the depth and breadth of creativity within their projects, further driving the innovation that characterizes their work.
Conclusion
Martin Stroup's contributions to the field of financial technology embody the spirit of innovation that propels the industry forward. With his impressive patents and collaborative efforts, Stroup continues to shape the landscape of financial transactions, making them more sophisticated and efficient for users in various markets.