Philip Norton

Title: Philip Norton: A Visionary in Financial Technology

Introduction:

Philip Norton is a distinguished inventor based in London, GB, known for his contributions to the field of financial technology. With a total of four patents to his name, he has significantly impacted the way electronic trading occurs in the financial markets.

Latest Patents:

Nortons latest patents focus on enhancing interprocess communication for sell-side market making. These innovative designs provide a sophisticated electronic exchange platform that efficiently manages market-making orders from various sell-side participants. The platform is configured to:

- Receive respective lists of approved buy-side participants for multiple market-making orders.

- Process market-making orders from each of the sell-side participants.

- Peg prices to optimal levels based on current market conditions.

- Present market information to buy-side participants about their approved market-making orders.

- Handle contra orders from buy-side participants, which include preferences for selling-side partners.

- Distribute contra orders and determine new best bid and offer prices in response to the distribution, ensuring seamless market activity.

Career Highlights:

Norton currently works at BGC Partners, Inc., where he applies his expertise in developing innovative solutions for the financial market. His work has not only contributed to the efficiency of trading but has also created new opportunities for market participants.

Collaborations:

Collaborating with industry leaders such as Howard W. Lutnick and Shaun Lynn, Norton is part of a dynamic team that drives innovation in electronic trading platforms. These collaborations enhance the development process and ensure that new technologies meet the evolving needs of the market.

Conclusion:

Philip Norton exemplifies the spirit of innovation in the financial sector. His work on interprocess communication within market-making platforms is just one example of how inventors like him are transforming the landscape of electronic trading. As he continues to push boundaries and develop new technologies, the financial industry eagerly anticipates his future contributions.