James W Wiseman

Title: Innovations of James W. Wiseman

Introduction

James W. Wiseman is an accomplished inventor based in Princeton, NJ. He has made significant contributions to the field of commodity trading through his innovative patent. His work focuses on enhancing the efficiency and accuracy of spot commodity transactions.

Latest Patents

Wiseman holds a patent for a "System for conducting and processing spot commodity transactions." This system is designed to facilitate spot trades in selected commodities among trading stations within a communication network. The process involves structured stages where trading stations can initiate transactions by requesting quotations on selected commodities. The system allows for a streamlined exchange of proposals and acceptances, ensuring that trades are logged automatically at both sites. This innovation greatly enhances the ability of operators to conduct numerous trades quickly and accurately.

Career Highlights

Wiseman is associated with Telerate Systems Incorporated, where he has applied his expertise in developing trading systems. His work has contributed to the advancement of technology in the financial sector, particularly in the area of commodity trading.

Conclusion

James W. Wiseman's innovative contributions to the field of commodity trading demonstrate his commitment to improving transaction processes. His patent reflects a significant advancement in the efficiency of trading systems, showcasing his role as a key inventor in this domain.