Sam Shteingart

Title: Innovator Spotlight: Sam Shteingart

Introduction

Sam Shteingart is a notable inventor based in Brooklyn, NY, known for his contributions to the financial technology sector. With a total of three patents to his name, Shteingart has made significant strides in enhancing trading strategies through innovative systems.

Latest Patents

Shteingart's latest patent is focused on a revolutionary concept called Dynamic Aggressive/Passive Pegged Trading. This patent outlines a computer-implemented system and method for executing trades of financial securities. The strategy combines passive and aggressive trading approaches, ensuring reliable execution of trades while taking advantage of dynamic market movements to improve pricing within desired time frames. The system features a passive trading agent that executes orders at favorable prices, floating portions of the order at the bid or ask to maximize market exposure. Meanwhile, an aggressive agent strategically takes liquidity as it becomes available, adjusting discretionary prices based on historical trading data of the specified security.

Career Highlights

Sam Shteingart is affiliated with ITG Software Solutions, Inc., where he applies his expertise in developing cutting-edge trading systems. His career has been marked by a commitment to improving trade execution methods and increasing market efficiency.

Collaborations

Throughout his career, Shteingart has collaborated with talented colleagues such as Tomas Bok and Jose E Gutierrez. These partnerships reflect a collaborative spirit, fostering innovation and advancements in the trading technology space.

Conclusion

Sam Shteingart's contributions to financial technology through his innovations and patents demonstrate his dedication to enhancing trading strategies. His work at ITG Software Solutions, Inc., along with his collaborations, positions him as a significant figure in the evolving landscape of trading and securities.