This inventor holds 5 USPTO granted patents and 2 published patent applications. Top assignees: Chicago Board Options Exchange, Incorporated, Cboe Exchange, Inc.. Active years: 2008-2018.
Company Filing History:
4 out of 47 
1 out of 52 Years Active: 2008-2018
Title: Innovations of Richard A. Angell
Introduction
Richard A. Angell is a notable inventor based in Evanston, Illinois. He has made significant contributions to the field of automated trading systems, holding a total of five patents. His work focuses on enhancing the efficiency and risk management of trading exchanges.
Latest Patents
One of Richard A. Angell's latest patents is an automated trading exchange system that integrates quote risk monitoring and quote modification services. This innovative system utilizes at least one computer equipped with memory and a processor. The computer is designed to receive orders and quotes, with specific quotes contained in a quote group that have associated trading parameters, including a risk threshold. The system generates trades by matching received orders and quotes to previously received ones. If a trade is not generated, the system stores the received orders and quotes. The computer then assesses whether a quote within the group has been filled and determines the associated risk levels. If the aggregate risk level exceeds the market-maker's risk threshold, the system automatically modifies the remaining quotes in the group. This patent represents a significant advancement in automated trading technology.
Career Highlights
Richard A. Angell has worked with prominent organizations in the financial sector, including the Chicago Board Options Exchange and Cboe Exchange, Inc. His experience in these institutions has contributed to his expertise in trading systems and risk management.
Collaborations
Richard has collaborated with notable professionals in his field, including Ross G. Kaminsky and Gordon D. Evora. These collaborations have likely enriched his work and contributed to the development of his innovative patents.
Conclusion
Richard A. Angell is a distinguished inventor whose work in automated trading systems has made a significant impact on the industry. His patents reflect a commitment to improving trading efficiency and risk management.