Company Filing History:
Years Active: 2021-2025
Title: John Balaam Alexander Kerpel: Innovator in Financial Systems
Introduction
John Balaam Alexander Kerpel is a notable inventor based in Chicago, IL. He has made significant contributions to the field of financial systems, holding a total of nine patents. His work focuses on enhancing the efficiency and effectiveness of financial instruments and options trading.
Latest Patents
One of his latest patents is the "Listed options position compression system." This system provides methods for compressing portfolios of open option positions. Market participants can input constraints, such as net delta and gamma values within a specific tolerance. A compression engine utilizes a linear, integer, and/or linear-quadratic programming solver to analyze portfolios from multiple market participants. It identifies multilateral option spread trades that result in compressed portfolios while adhering to the specified constraints.
Another significant patent is for "Apparatuses, methods and systems for a tracking platform for standardized instruments." This computer-implemented method involves receiving a variety of data records for financial instruments. It determines the number of units of futures contracts based on the near settlement price of the earliest data record. The method processes these records sequentially, updating the number of units as necessary and calculating profit and loss (PNL) based on changes in settlement prices. Ultimately, it generates financial instruments with values derived from the calculated tracking value.
Career Highlights
John Kerpel is currently employed at the Chicago Mercantile Exchange Inc., where he applies his innovative ideas to improve financial systems. His expertise in financial instruments and options trading has positioned him as a key player in the industry.
Collaborations
Throughout his career, John has collaborated with notable coworkers, including Richard Co and Dhiraj Subhash Bawadhankar. These collaborations have contributed to the development of his innovative patents and advancements in financial technology.
Conclusion
John Balaam Alexander Kerpel is a distinguished inventor whose work in financial systems has led to significant advancements in the industry. His patents reflect a commitment to improving the efficiency of options trading and financial instruments.