Company Filing History:
Years Active: 2007-2013
Title: Michael Quattrocki: Innovator in Electronic Trading
Introduction
Michael Quattrocki is a notable inventor based in Chicago, IL (US). He has made significant contributions to the field of electronic trading, holding a total of 5 patents. His work focuses on developing systems that enhance the efficiency and effectiveness of trading derivatives.
Latest Patents
One of Quattrocki's latest patents is titled "Network and method for trading derivatives." This invention outlines a computer network and method for electronically trading derivatives. The system includes a control or network managing station that acts as a facilitator for market makers and subscribers to execute trades at an Exchange. In this embodiment, the network managing station consummates trades by matching binding quotes and orders, clearing the trades at an Exchange. The computer network comprises several components, including a network managing station, market maker stations, subscriber stations, and Exchanges. This innovative network connects market makers and subscribers, enabling real-time indicative quotes, requests for quotes, and the sending of binding quotes and orders to the Exchange for transaction clearing and confirmation.
Career Highlights
Quattrocki's career is marked by his role at the Chicago Mercantile Exchange Inc., where he has been instrumental in advancing electronic trading technologies. His expertise in this area has positioned him as a key player in the financial technology sector.
Collaborations
Throughout his career, Quattrocki has collaborated with notable colleagues, including Neal Brady and Noah Carey. These partnerships have contributed to the development of innovative solutions in the trading industry.
Conclusion
Michael Quattrocki's contributions to electronic trading through his patents and work at the Chicago Mercantile Exchange Inc. highlight his role as a significant innovator in the field. His inventions continue to shape the landscape of trading derivatives, making processes more efficient and effective.