Todd Wesley Hohman

Title: The Innovations of Todd Wesley Hohman

Introduction

Todd Wesley Hohman is an accomplished inventor based in Morristown, NJ (US). He has made significant contributions to the field of electronic trading systems, holding a total of 2 patents. His work focuses on enhancing auction processes within financial markets.

Latest Patents

Hohman's latest patent is titled "Random-time auctions in an electronic trading system." This innovative system is designed to conduct price improvement auctions for customer orders based on a random timer. The system receives an initiating order from an auction guarantor, which details the financial instrument that a customer wishes to trade. The auction guarantor also provides a guaranteed order that can fulfill the initiating order. A random time period is selected to hold the auction, during which the system solicits responses from other market participants. Once the random time period expires, the system matches the initiating order against the responses, existing orders in an order book, and the guaranteed order.

Career Highlights

Todd Wesley Hohman is currently employed at NYSE Group, Inc., where he continues to develop innovative solutions for electronic trading. His expertise in auction systems has positioned him as a key player in the financial technology sector.

Collaborations

Hohman has collaborated with notable colleagues, including Steven G Crutchfield and Amy Joy Farnstrom. Their combined efforts contribute to the advancement of trading technologies and systems.

Conclusion

Todd Wesley Hohman exemplifies innovation in the field of electronic trading with his patents and contributions at NYSE Group, Inc. His work continues to influence the way financial instruments are traded in modern markets.