Company Filing History:
Years Active: 2023-2025
Title: Michael Blaugrund: Innovator in Electronic Auction Systems
Introduction
Michael Blaugrund is a notable inventor based in Briarcliff Manor, NY (US). He has made significant contributions to the field of electronic auctions, holding a total of four patents. His work focuses on enhancing the efficiency and reliability of electronic auction systems.
Latest Patents
Among his latest patents is a system and method for electronic auction verifiable order message handling. This innovation involves receiving electronic order messages, which include orders of a predetermined type associated with sell order information from entities holding securities not previously registered for transactions. The system identifies requests for participation in an electronic auction from these messages. It determines whether the sell order information meets specific auction conditions based on auction prices. If the conditions are met, the order is allowed to participate in the auction and is executed in full. Conversely, if the conditions are not met, the auction is canceled.
Career Highlights
Michael Blaugrund is currently employed at NYSE Group, Inc., where he continues to develop innovative solutions for electronic trading. His expertise in auction systems has positioned him as a key player in the evolution of electronic marketplaces.
Collaborations
Throughout his career, Michael has collaborated with notable colleagues, including Kevin Tyrrell and John Tuttle. These partnerships have contributed to the advancement of his projects and the overall success of their initiatives.
Conclusion
Michael Blaugrund's contributions to electronic auction systems demonstrate his commitment to innovation in the financial technology sector. His patents reflect a deep understanding of market dynamics and the need for efficient transaction processes.