Company Filing History:
Years Active: 2008-2014
Title: The Innovative Contributions of Matthew J Kelly
Introduction
Matthew J Kelly is a notable inventor based in Western Springs, IL (US), recognized for his significant contributions to the field of market mechanisms and trading systems. With a total of 5 patents to his name, Kelly has developed innovative solutions that address critical challenges in market operations.
Latest Patents
One of Kelly's latest patents is focused on the detection and mitigation of the effects of high-velocity price changes. The disclosed embodiments relate to mechanisms that rapidly detect and respond to situations where a market is not operating in a fair and balanced manner. This invention is particularly relevant in scenarios where the market value does not reflect a true consensus among participants, such as during a "flash crash." The system continually scans for extreme market changes, determining when the velocity of market movement exceeds a defined threshold limit.
Another significant patent by Kelly is the method and system for generating and trading composite contracts. This invention provides a system and method for automatically generating a composite contract characterized by at least one parameter. It identifies a first subset of eligible component contracts from a set of available contracts, each characterized by specific attributes. A second subset is then selected to generate the composite contract, enhancing the efficiency of trading processes.
Career Highlights
Matthew J Kelly is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in market dynamics and trading systems. His work has contributed to the development of innovative solutions that improve market efficiency and fairness.
Collaborations
Throughout his career, Kelly has collaborated with notable colleagues, including Richard J McDonald and Mazen Chadid. These collaborations have fostered an environment of innovation and have led to the development of impactful technologies in the trading sector.
Conclusion
Matthew J Kelly's contributions to the field of market mechanisms and trading systems highlight his role as a leading inventor. His innovative patents address critical issues in market operations, showcasing his commitment to enhancing the efficiency and fairness of trading practices.