Company Filing History:
Years Active: 2008-2011
Title: Innovations by Robert J Wilcox
Introduction
Robert J Wilcox is a notable inventor based in Chicago, IL, who has made significant contributions to the field of electronic trading systems. With a total of two patents to his name, Wilcox has developed innovative solutions that enhance the efficiency and reliability of trading operations.
Latest Patents
Wilcox's latest patents include a system and method for monitoring trades outside of a no-bust range in an electronic trading system. This alert system is designed to notify an Exchange's staff of trades that appear to be outside an expected market range of prices. The system comprises an input device, determination logic, evaluation logic, and alert logic. The determination logic derives a theoretical no-bust range of prices based on data received from the input device. This range includes prices above and below a synthesized market price, within which an erroneous trade cannot be canceled. The evaluation logic monitors trades and compares them to the theoretical no-bust range of prices. When a potentially erroneous trade is identified, the alert logic notifies the Exchange's staff. The method also includes monitoring an input range of prices, deriving the theoretical no-bust range, and notifying the Exchange when a potentially erroneous trade can be canceled.
Career Highlights
Wilcox is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in electronic trading systems. His work focuses on developing systems that improve trade monitoring and error detection, contributing to the overall integrity of trading practices.
Collaborations
Some of Wilcox's coworkers include Matthew J Kelly and Mazen Chadid, who collaborate with him on various projects within the Chicago Mercantile Exchange.
Conclusion
Robert J Wilcox is a distinguished inventor whose work in electronic trading systems has led to significant advancements in trade monitoring and error detection. His contributions continue to shape the future of trading practices.