Peter Robert Capuano

Title: The Innovations of Peter Robert Capuano

Introduction

Peter Robert Capuano is a notable inventor based in Ho-Ho-Kus, NJ (US). He has made significant contributions to the field of electronic trading systems, holding a total of 2 patents. His work focuses on enhancing the efficiency and effectiveness of order processing in trading environments.

Latest Patents

One of Capuano's latest patents is centered around the randomization of orders at matching in electronic trading systems. The disclosed embodiments relate to a latency floor mechanism for processing incoming orders. This mechanism imparts a delay on orders, not when they are received, but when they are matched by the match engine or Central Limit Order Book (CLOB). This innovation ensures that there is zero added latency between order submission, modifications, cancellations, and price market data publication by the electronic trading system. The randomization processing delay applies only to matched orders, which represent a small fraction of the market events.

Career Highlights

Capuano is currently employed at the Chicago Mercantile Exchange Inc., where he continues to develop and refine his innovative ideas. His work has had a profound impact on the efficiency of electronic trading systems, making them more responsive and reliable.

Collaborations

Throughout his career, Capuano has collaborated with notable colleagues, including Edward Richard Howorka and Michael Merold. These collaborations have contributed to the advancement of technology in the trading sector.

Conclusion

Peter Robert Capuano's contributions to electronic trading systems through his patents demonstrate his commitment to innovation in the field. His work continues to influence the way orders are processed in trading environments, showcasing the importance of technological advancements in finance.