Location History:
- Seattle, WA (US) (2007)
- West Chicago, IL (US) (2007 - 2013)
Company Filing History:
Years Active: 2007-2013
Title: Mark Thornburgh: Innovator in Electronic Trading
Introduction
Mark Thornburgh is a notable inventor based in West Chicago, 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 Thornburgh'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. The network managing station 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
Mark Thornburgh is currently employed at the Chicago Mercantile Exchange Inc., where he continues to innovate in the field of electronic trading. His expertise and inventions have contributed to the advancement of trading technologies, making significant impacts in the financial sector.
Collaborations
Thornburgh has collaborated with notable coworkers, including Neal Brady and Noah Carey. Their combined efforts have fostered an environment of innovation and development within their organization.
Conclusion
Mark Thornburgh'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 industry. His inventions continue to shape the future of trading technologies.