Company Filing History:
Years Active: 2013
Title: Christopher Gust: Innovator in Derivative Trading
Introduction
Christopher Gust is a notable inventor based in Chicago, IL (US). He has made significant contributions to the field of trading derivatives, particularly through his innovative patent. His work has implications for how derivatives are traded and quoted in financial markets.
Latest Patents
Christopher Gust holds a patent for a "System and method for trading derivatives in penny increments while disseminating quotes for derivatives in nickel/dime increments." This patent describes a trading engine that receives quotes for derivatives in penny increments from various entities. The engine rounds these quotes to nickel/dime increments, aggregates them, and disseminates the information. It also receives bids and offers to take positions in the derivative based on the aggregated quotes and executes trades by matching bids and offers.
Career Highlights
Gust is currently employed at the Chicago Board Options Exchange, Incorporated, where he applies his expertise in trading systems. His role involves working on innovative solutions that enhance the efficiency and effectiveness of trading in derivatives.
Collaborations
One of his notable coworkers is Edward T. Tilly, who is also involved in the trading and financial services sector. Their collaboration contributes to the advancement of trading technologies and methodologies.
Conclusion
Christopher Gust's innovative approach to trading derivatives has the potential to reshape how financial markets operate. His patent reflects a deep understanding of trading mechanics and offers a modern solution to existing challenges in the industry.