Company Filing History:
Years Active: 2008-2018
Title: Innovations of Ross G Kaminsky
Introduction
Ross G Kaminsky is a notable inventor based in Chicago, IL (US), recognized for his contributions to automated trading systems. He holds a total of 7 patents, showcasing his expertise in the field of trading technology. His innovative work has significantly impacted the way trading exchanges operate.
Latest Patents
One of Kaminsky's latest patents is an automated trading exchange system that features integrated quote risk monitoring and integrated quote modification services. This system is designed to receive orders and quotes, with specific trading parameters such as a risk threshold. The apparatus utilizes at least one computer equipped with memory and a processor. The computer is configured to receive orders and quotes, where certain quotes are part of a quote group with associated trading parameters. The system generates trades by matching received orders and quotes to previously received ones, while also storing orders and quotes if no trade is generated. It 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 innovative approach enhances the efficiency and safety of trading operations.
Career Highlights
Kaminsky has worked with prominent organizations such as the Chicago Board Options Exchange and Cboe Exchange, Inc. His experience in these institutions has allowed him to refine his skills and contribute to advancements in trading technology.
Collaborations
Throughout his career, Kaminsky has collaborated with notable professionals, including Gordon D Evora and Richard A Angell. These partnerships have fostered innovation and development in the field of automated trading systems.
Conclusion
Ross G Kaminsky's contributions to automated trading technology through his patents and career experiences have made a significant impact on the industry. His innovative systems continue to shape the future of trading exchanges.