This inventor holds 1 USPTO granted patent and 2 published patent applications. Top assignee: Massachusetts Institute of Technology. Active years: 2009.
Company Filing History:
Years Active: 2009
Title: Innovations of Tung Chan in Electronic Market-Making
Introduction
Tung Chan is an accomplished inventor based in Cambridge, MA (US). He has made significant contributions to the field of automated trading systems, particularly through his innovative patent related to electronic market-making.
Latest Patents
Tung Chan holds a patent for an "Electronic Market-Maker." This invention includes a Market Quality Control Module that generates trading recommendations to maintain market quality. Additionally, it features an Inventory Control Module for managing inventory, a Speculation Module for generating profits, and an Arbitration Module that resolves conflicts between the recommendations from the other modules.
Career Highlights
Tung Chan is affiliated with the Massachusetts Institute of Technology, where he continues to advance research in automated trading technologies. His work has garnered attention for its potential to enhance market efficiency and trading strategies.
Collaborations
Tung Chan collaborates with notable colleagues, including Tomaso A Poggio, to further explore innovations in the field of electronic market-making.
Conclusion
Tung Chan's contributions to automated trading through his patent for an Electronic Market-Maker exemplify the intersection of technology and finance. His work continues to influence the development of trading systems that aim to improve market quality and profitability.