Company Filing History:
Years Active: 2017-2020
Title: Innovations of Steven G. Crutchfield
Introduction
Steven G. Crutchfield is an accomplished inventor based in New York, NY (US). He holds a total of four patents, showcasing his expertise in the field of electronic trading systems. His innovative contributions have significantly impacted the financial technology landscape.
Latest Patents
One of his latest patents is for a large liquidity seeking trading platform. This electronic trading system implements a display price that guarantees a minimum available quantity for trade. The system determines the quantity of financial instruments available at various prices for incoming orders. A display bid price and display offer price are established so that the quantity available at these prices exceeds a display quantity threshold. The system receives orders designated as fast and slow. Fast orders are utilized for large, rapid trades at known prices, while slow orders trade with a delay for a price improvement auction. Orders that meet a minimum order quantity threshold may participate in an auction for incoming orders that offers price improvement to the execution price of aggressively priced orders. Additionally, the system implements risk management measures based on order size and percentage filled for individual trades and series of trades. It also supports orders having multiple legs.
Career Highlights
Steven G. Crutchfield is currently associated with NYSE Group, Inc., where he continues to develop innovative trading solutions. His work has been instrumental in enhancing the efficiency and effectiveness of electronic trading platforms.
Collaborations
Some of his notable coworkers include Amy Joy Farnstrom and James Hyde, who contribute to the collaborative environment at NYSE Group, Inc.
Conclusion
Steven G. Crutchfield's contributions to electronic trading systems exemplify his innovative spirit and dedication to advancing financial technology. His patents reflect a deep understanding of market dynamics and risk management, making him a significant figure in the industry.