Company Filing History:
Years Active: 2021
Title: Murphy James Brennan: Innovator in Implied Trade Matching
Introduction
Murphy James Brennan is a notable inventor based in Hinsdale, IL (US). She has made significant contributions to the field of finance and trading technology. With a focus on improving trade matching processes, her work has garnered attention in the industry.
Latest Patents
Murphy holds a patent for a method titled "Spread price scaling for implied trade matching." This innovative approach involves a computer-implemented method for creating and matching implied inter-commodity spread orders. The unique aspect of her invention is that the spread ratio between the legs of the inter-commodity spread is endogenous. The implied spread price is determined through a multi-step calculation, which includes determining the price ratio between the underlying products and balancing the quantity of contracts required for each leg product.
Career Highlights
Murphy is currently employed at the Chicago Mercantile Exchange Inc., where she applies her expertise in trading technology. Her work has been instrumental in enhancing the efficiency of trade matching systems.
Collaborations
Some of her notable coworkers include Richard Co and Thomas Patrick Rafferty, who contribute to the collaborative environment at the Chicago Mercantile Exchange Inc.
Conclusion
Murphy James Brennan's innovative patent and her role at the Chicago Mercantile Exchange Inc. highlight her significant impact on the field of implied trade matching. Her contributions continue to shape the future of trading technology.