Company Filing History:
Years Active: 2007-2013
Title: John Gilmore: Innovator in Electronic Trading
Introduction
John Gilmore is a notable inventor based in Burr Ridge, IL (US). He has made significant contributions to the field of electronic trading, holding a total of 5 patents. His work focuses on developing systems that enhance the efficiency and effectiveness of trading derivatives.
Latest Patents
One of John Gilmore's latest patents is titled "Network and method for trading derivatives." This invention outlines a computer network and method for electronically trading derivatives. The system includes networks and methods where a control or network managing station acts as a facilitator for market makers and subscribers to execute trades at an Exchange. In one embodiment, the network managing station consummates trades between market makers and subscribers by matching binding quotes and orders, clearing the trades at an Exchange. The computer network comprises several components, including a network managing station, market maker stations, subscriber stations, and Exchanges. This innovative network connects market makers and subscribers, enabling real-time indicative quotes, requests for quotes, and the transmission of binding quotes and orders to the Exchange for transaction clearing and confirmation.
Career Highlights
John Gilmore is currently associated with the Chicago Mercantile Exchange Inc., where he applies his expertise in electronic trading systems. His work has been instrumental in advancing the technology used in financial markets, particularly in the area of derivatives trading.
Collaborations
Throughout his career, John has collaborated with notable colleagues such as Neal Brady and Noah Carey. These partnerships have contributed to the development of innovative solutions in the trading industry.
Conclusion
John Gilmore's contributions to electronic trading through his patents and work at the Chicago Mercantile Exchange Inc. highlight his role as a key innovator in the field. His inventions continue to shape the landscape of trading derivatives, making significant impacts on market efficiency.