Company Filing History:
Years Active: 2001-2012
Title: **Peter J Martyn: Innovator in Electronic Market Systems**
Introduction
Peter J Martyn, an accomplished inventor based in Ridgewood, NJ, has made significant contributions to the field of electronic market systems. With 18 patents to his name, Martyn has demonstrated a commitment to enhancing trading technologies and methods in a rapidly evolving financial landscape.
Latest Patents
Among his latest innovations, Martyn developed a method for opening an electronic market for trading securities. This novel approach involves receiving eligible orders and quotes for the security and disseminating an order imbalance indicator, which predicts trading characteristics at the market's open. By determining the price at which the maximum number of shares would be executed and minimizing the imbalance of eligible orders, his method optimizes the trading process.
Another significant patent focuses on order processing for automated market systems. This electronic market incorporates client stations for entering quotes, where a server process aggregates these quotes and displays them for various price levels. Notably, the market includes a graphical user interface that visualizes aggregated quotes and has mechanisms to handle complex market conditions, all while interfacing with different order delivery systems to minimize liability for market makers.
Career Highlights
Martyn's career includes influential roles at leading financial institutions like Nasdaq OMX Group, Inc. and Nasdaq Stock Market, Inc. His work has fundamentally shaped the infrastructure of electronic trading systems, paving the way for more efficient and transparent market operations.
Collaborations
Throughout his career, Martyn has collaborated with notable professionals, including Daniel F Moore and John Malitzis. These partnerships have facilitated the exchange of ideas and innovations essential for the advancement of trading technologies.
Conclusion
Peter J Martyn exemplifies the spirit of innovation in the realm of electronic trading markets. His extensive portfolio of patents reflects a proactive approach to addressing the challenges faced by modern-day trading systems. As the financial industry continues to evolve, contributions such as Martyn's will remain integral to the development of more sophisticated and efficient market technologies.