Company Filing History:
3 out of 3 
2 out of 6 
1 out of 1 Years Active: 2008-2011
Title: Innovations of Douglas T Chorna in Financial Instruments
Introduction
Douglas T Chorna is a distinguished inventor based in Delray Beach, FL, known for his contributions to the field of financial instruments. With a portfolio of four patents, he has made significant strides in the structuring, pricing, quotation, and trading of various financial derivatives. His innovations aim to enhance market efficiency and provide new avenues for financial trading.
Latest Patents
Chorna's recent patents focus on advanced systems and methods for implementing financial instruments. One noteworthy patent describes systems for implementing the structuring, pricing, quotation, and trading of SPOT synthetics and SPREAD instruments, often referred to as SPRINTS. These inventions detail how exchange-traded financial instruments can track underlying benchmarks, which may include securities or commodities. Key features of the patents involve contracts that are not contingent upon the delivery of the underlying benchmarks and include net carrying charges that reflect the investment yield versus the cost of financing. This innovative approach offers traders the ability to engage with financial instruments in a more efficient manner while allowing for greater flexibility in pricing and execution.
Career Highlights
Throughout his career, Douglas T Chorna has worked with leading companies such as Cayuga Derivatives, Inc. and Sri, Inc. His experience in these firms has allowed him to explore the complexities of financial instruments and develop the innovative solutions for which he is now recognized.
Collaborations
Chorna has collaborated with professionals in the financial sector, including his coworker Srikanth Sankaran. This collaboration has likely contributed to the development of innovative ideas within the field, enabling the creation of groundbreaking patents that advance financial trading mechanisms.
Conclusion
Douglas T Chorna's contributions to financial instruments and derivatives reflect a deep understanding of market dynamics and the need for innovative trading solutions. With his patented systems, he continues to shape the landscape of financial trading, making significant impacts on how instruments are structured and executed in today’s markets. His work serves as a testament to the vital role of innovation in the financial industry.