Company Filing History:
Years Active: 2014
Title: Michael Kamradt: Innovator in Financial Derivatives
Introduction
Michael Kamradt is a notable inventor based in Flossmoor, IL (US). He has made significant contributions to the field of financial derivatives, holding 2 patents that showcase his innovative approach to complex financial systems.
Latest Patents
Kamradt's latest patents include "Exchange-traded basis derivative contracts" and "Zero coupon conversion factor calculation." The first patent describes an exchange computer system that creates, trades, and manages basis derivative contracts. At maturity, these contracts may involve two components: one requiring a party to make or take delivery related to a specific subject matter, and another obligating the contractee to accept further obligations under related derivative contracts. The second patent focuses on a system that calculates a conversion factor based on a zero percent futures contract standard. This system is applicable to futures or forwards based on various fixed-income securities, facilitating the listing, trading, and settlement of interest rate futures contracts.
Career Highlights
Kamradt is currently associated with the Chicago Mercantile Exchange Inc., where he applies his expertise in financial derivatives. His work has contributed to advancements in the trading and management of complex financial instruments.
Collaborations
Some of his notable coworkers include Frederick Sturm and John Labuszewski, who collaborate with him in various projects at the Chicago Mercantile Exchange Inc.
Conclusion
Michael Kamradt's innovative patents and contributions to the financial sector highlight his role as a key inventor in the field of financial derivatives. His work continues to influence the way financial instruments are traded and managed.