Company Filing History:
Years Active: 2019-2025
Title: Sean Castette: Innovator in Market Operations
Introduction
Sean Castette is a prominent inventor based in Chicago, Illinois. He has made significant contributions to the field of market operations, holding a total of seven patents. His work focuses on enhancing the efficiency of order matching in trading environments.
Latest Patents
One of Sean Castette's latest patents is titled "Market operation through regulation of incoming order match allocation and/or dynamic resting order match allocation priorities." This patent discloses methods for regulating the rate of incoming orders by buffering or batching them as they are received. The goal is to forward these batches to a match engine for processing, which helps equalize orders from traders with varying abilities to submit orders quickly. Additionally, the patent addresses the prioritization of matching resting orders against incoming orders. It alters the priority of a resting order based on how long it has been on the order book, ensuring a fairer matching process.
Career Highlights
Sean Castette is currently employed at the Chicago Mercantile Exchange Inc., where he applies his innovative ideas to improve market operations. His expertise in order matching and allocation has made a significant impact on the efficiency of trading processes.
Collaborations
Throughout his career, Sean has collaborated with notable colleagues, including Pearce Peck-Walden and Paul J Callaway. These collaborations have further enriched his work and contributed to advancements in market operations.
Conclusion
Sean Castette is a key figure in the field of market operations, with a focus on improving order matching processes. His innovative patents and contributions to the Chicago Mercantile Exchange Inc. highlight his commitment to enhancing trading efficiency.