Company Filing History:
Years Active: 2013-2025
Title: Innovations and Contributions of Michael Unetich
Introduction: Michael Unetich is a prominent inventor based in Chicago, IL, known for his significant contributions to electronic trading technologies. With an impressive portfolio of 33 patents, he has made strides in innovations that enhance trading algorithms and message management systems within financial exchanges.
Latest Patents: Among his latest innovations, Unetich has developed a patent titled "Virtualizing for user-defined algorithm electronic trading." This invention aims to reduce the risks often associated with traditionally programmed algorithms, such as syntax errors and unclear logic. By providing a design canvas and block-based approach, it allows traders to create algorithms without the need for extensive programming knowledge. Furthermore, the technology permits dynamic instantiation of algorithm components to manage specific discrete events and ensures continuity in algorithm operation even when network connections are interrupted. Another notable patent is focused on "Methods and systems to prevent adverse exchange limit effects." This invention includes a method for managing trade messages by tracking transaction counts and defining transaction limits to optimize communication with exchanges while managing message priorities effectively.
Career Highlights: Michael Unetich has had a distinguished career at various financial technology firms. He has worked for notable companies such as Trading Technologies International, Inc. and Tip Solutions, Inc. These experiences have allowed him to refine his skills in developing cutting-edge trading technologies and innovative solutions for the financial industry.
Collaborations: Throughout his career, Unetich has collaborated with several talented professionals, including Richard Lane and Thomas Jeffrey Weiss. These partnerships have been instrumental in fostering innovation and advancing the development of electronic trading solutions.
Conclusion: Michael Unetich's contributions to the fields of electronic trading and message management have significantly impacted the efficiency and functionality of trading operations. His inventions not only address critical limitations but also pave the way for future advancements in algorithmic trading technology. As an inventor, Unetich continues to be a key figure in the ongoing evolution of financial technology.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.