This inventor holds 2 USPTO granted patents. Top assignee: Deutsche Boerse Ag. Active years: 2013-2014.
Company Filing History:
Years Active: 2013-2014
Title: Miroslav Budimir: Innovator in Electronic Order Processing
Introduction
Miroslav Budimir is a notable inventor based in Frankfurt am Main, Germany. He has made significant contributions to the field of electronic order processing, particularly in trading systems. With a total of two patents to his name, Budimir's work focuses on enhancing the efficiency and effectiveness of order matching systems.
Latest Patents
Budimir's latest patents include an integrated order matching system that combines visible and hidden parameters. This innovative system provides back-end functionality for order processing in electronic order book trading. The system receives a sell/buy order that comprises a lower/upper limit and a conditional lower/upper limit, defining a conditional selling/buying price range. It determines whether the selling/buying conditions are fulfilled, including assessing whether the sum of the first and second part of the buy/sell order meets a threshold volume. If the conditions are satisfied, the sell/buy order and the buy/sell order are executed against each other. This invention allows for the rapid execution of large trading interests while minimizing market impact and opportunity costs.
Career Highlights
Miroslav Budimir is currently employed at Deutsche Börse AG, where he continues to develop innovative solutions in the trading sector. His expertise in electronic order processing has positioned him as a key player in the industry.
Collaborations
Throughout his career, Budimir has collaborated with notable colleagues such as Uwe Schweickert and Peter Gomber. These partnerships have contributed to the advancement of trading technologies and systems.
Conclusion
Miroslav Budimir's contributions to electronic order processing through his patents and work at Deutsche Börse AG highlight his role as an influential inventor in the field. His innovations continue to shape the landscape of trading systems, making significant impacts on market efficiency.