Company Filing History:
Years Active: 2010-2014
Title: Thomas G McCabe: Innovator in Order Allocation Systems
Introduction
Thomas G McCabe is a notable inventor based in Chicago, IL (US). He has made significant contributions to the field of order allocation systems, holding a total of 3 patents. His innovative methods have enhanced the efficiency of order processing in various markets.
Latest Patents
Thomas G McCabe's latest patents focus on systems and methods for matching incoming orders to standing orders based on multi-level allocation. One of his key inventions involves a method of order allocation that includes receiving an incoming order and establishing an inner market representing a first portion of an order book. This method designates the first portion of the order book as a priority and allocates the incoming order based on this priority. Additionally, it establishes an outer market that represents the remainder of the order book not covered by the inner market. The allocation process utilizes a first-in, first-out (FIFO) algorithm for the inner market and a pro-rata algorithm for the outer market.
Career Highlights
Throughout his career, Thomas G McCabe has worked with prominent organizations such as the Chicago Mercantile Exchange Inc. and the Board of Trade of the City of Chicago, Inc. His experience in these institutions has allowed him to refine his expertise in order allocation systems and contribute to advancements in the field.
Collaborations
Thomas has collaborated with notable professionals in his field, including Andrew P Czupek and Bryan T Durkin. These collaborations have further enriched his work and led to innovative solutions in order processing.
Conclusion
Thomas G McCabe is a distinguished inventor whose work in order allocation systems has made a significant impact on the industry. His innovative patents and career achievements reflect his dedication to enhancing order processing efficiency.