Company Filing History:
Years Active: 2010-2011
Title: Innovations by Thomas C Naratil
Introduction
Thomas C Naratil is an accomplished inventor based in Warren, NJ (US). He has made significant contributions to the field of financial technology, particularly in the trading of fixed income financial instruments. With a total of 2 patents, Naratil's work has been instrumental in enhancing trading systems and methodologies.
Latest Patents
Naratil's latest patents include a "System and method for trading fixed income financial instruments." This innovative system automates the trading of U.S. Treasury, Liquid Agency, and Zero Coupon STRIP financial instruments. It features an updatable system database and an offering inventory database that receives real-time price and quantity information from a market data feed. The system proprietor determines a national best bid and offer price, applying a price improvement process to trades when offsetting trades occur. This ensures that users receive the best price at the time of execution. Historical data is utilized to price securities and retrieve prices for future analysis, thereby supporting the global fixed income market's long-term needs.
Another notable patent is the "System and method for trading taxable and non-taxable securities." This system facilitates the trading of various financial instruments, including Certificates of Deposits, Corporate Bonds, and Mortgage Pass-Through Securities. It includes an updatable offering inventory module and a price discovery module, allowing users to send Request for Quotes (RFQs) to dealers and capture their responses. Traders can accept the best dealer response or improve it before executing a trade.
Career Highlights
Naratil is currently associated with UBS Financial Services Inc., where he continues to innovate in the financial services sector. His expertise in developing automated trading systems has positioned him as a key player in the industry.
Collaborations
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Conclusion
Thomas C Naratil's contributions to financial technology through his patents have significantly advanced the trading of fixed income instruments. His innovative systems provide users with enhanced trading capabilities and better pricing mechanisms.