Company Filing History:
Years Active: 2008-2017
Title: The Innovative Mind of Mazen Chadid
Introduction
Mazen Chadid is a prominent inventor based in Chicago, IL, known for his contributions to the field of automated trading systems. With a total of 4 patents, Chadid has made significant strides in developing technologies that enhance market efficiency and stability.
Latest Patents
Chadid's latest patents focus on systems and methods for controlling markets during a stop loss trigger. One of his notable inventions is a system designed to mitigate the effects of market spikes caused by the triggering and election of conditional orders in an automated matching system. This innovative system includes evaluation logic that monitors conditional orders submitted to a trading engine, comparing the price of an order to a predefined price range. Additionally, the system features delay logic that postpones the matching of orders when their prices fall outside this range. The pricing logic derives an opening price for the trading engine, while the timing logic measures a time interval to delay matching until the opening price is within a specified range, up to a maximum delay time set by a control center.
Career Highlights
Chadid is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in trading technologies. His work has been instrumental in developing systems that enhance the trading experience and reduce the risks associated with market fluctuations.
Collaborations
Throughout his career, Chadid has collaborated with notable colleagues, including James W. Farrell and James Krause. These partnerships have contributed to the advancement of innovative solutions in the trading industry.
Conclusion
Mazen Chadid's contributions to automated trading systems reflect his commitment to innovation and market stability. His patents demonstrate a deep understanding of market dynamics and a dedication to improving trading technologies.