Timothy E Cox

Title: The Innovations of Timothy E. Cox

Introduction

Timothy E. Cox is a notable inventor based in Chevy Chase, MD (US). He has made significant contributions to the field of electronic trading, holding a total of 6 patents. His work focuses on improving the efficiency and effectiveness of trading securities in electronic markets.

Latest Patents

One of Timothy's latest patents is titled "Opening Cross in Electronic Market." This method, executed in a computer system, describes a process for opening an electronic market for trading a security. The method includes receiving eligible orders and quotes for the security traded in the electronic market and disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the open of trading. Additionally, the method determines a price or prices at which the maximum shares would be executed and identifies which price would minimize any imbalance of eligible orders, executing at least some of the eligible orders at the determined opening price.

Another significant patent is "Closing in an Electronic Market." This method for trading a security in an electronic market includes receiving closing orders and orders for the security traded in the electronic market. It disseminates an order imbalance indicator indicative of predicted trading characteristics of the security at the close of trading. The method also determines a closing price for the security based on the closing orders and executes at least some of the closing orders at the determined closing price.

Career Highlights

Timothy E. Cox is currently associated with The Nasdaq OMX Group, Inc., where he applies his expertise in electronic trading systems. His innovative approaches have contributed to the advancement of trading technologies and methodologies.

Collaborations

Throughout his career, Timothy has collaborated with notable professionals in the field, including Frank Hatheway and Daniel F. Moore. These collaborations have further enriched his work and expanded the impact of his inventions.

Conclusion

Timothy E. Cox is a distinguished inventor whose contributions to electronic trading have significantly influenced the industry. His innovative patents and career achievements reflect his commitment to enhancing trading systems and methodologies.