Michael Henderson

Title: The Innovative Mind of Michael Henderson

Introduction

Michael Henderson is a notable inventor based in New York, NY. He has made significant contributions to the field of automated trading systems. His innovative approach has led to the development of a unique patent that enhances the efficiency of securities trading.

Latest Patents

Henderson holds a patent for a "Midpoint Matching System." This automated system is designed to match buy and sell orders at the midpoint of the best bid and offer (BBO). The system operates on a fully-anonymous and continuous basis, processing multiple computer-generated orders of any size. It is adaptable to algorithmic, program, and other automated trading systems. The system automatically matches executable orders according to a priority scheme and executes a matching algorithm that maximizes tradable volume when an executable order cannot be matched according to the priority scheme. This innovative system can be executed at a server or participant system, or a combination of both.

Career Highlights

Michael Henderson is currently employed at the International Securities Exchange, Inc. His work there focuses on enhancing trading systems and improving market efficiency. His contributions have been instrumental in advancing automated trading technologies.

Collaborations

Henderson has collaborated with notable colleagues, including Steve Wunsch and Robert Books. Their combined expertise has fostered innovation in the field of automated trading.

Conclusion

Michael Henderson's contributions to automated trading systems exemplify the spirit of innovation. His patented Midpoint Matching System represents a significant advancement in the efficiency of securities trading. His work continues to influence the industry positively.