Jeffrey P Burns

Title: The Innovations of Jeffrey P. Burns

Introduction

Jeffrey P. Burns is an accomplished inventor based in Berkeley Heights, NJ (US). He has made significant contributions to the field of financial systems through his innovative patent. His work focuses on enhancing trading environments for fixed return options and binary options.

Latest Patents

Jeffrey P. Burns holds a patent for "Binary options on an organized exchange and the systems and methods for trading the same." This patent outlines financial systems and methods for trading fixed return options on secondary markets, such as stock exchanges. It includes an electronic order delivery and execution system, as well as an on-floor trading auction, designed to create an exchange-traded environment. The patent also details methods for calculating the closing settlement value for securities underlying these options, ensuring a fair and orderly trading environment.

Career Highlights

Burns is currently associated with Nyse Mkt LLC, where he applies his expertise in financial trading systems. His innovative approach has contributed to the development of more efficient trading mechanisms in the financial sector.

Collaborations

Throughout his career, Jeffrey has collaborated with notable professionals, including Donato A. Montanaro and Michael T. Bickford. These collaborations have further enriched his work and expanded the impact of his innovations.

Conclusion

Jeffrey P. Burns exemplifies the spirit of innovation in the financial industry through his patent and contributions to trading systems. His work continues to influence the way fixed return options are traded in organized exchanges.