Location History:
- Chicago, IL (US) (2011 - 2014)
- New York, NY (US) (2012 - 2014)
Company Filing History:
Years Active: 2011-2014
Title: Innovations of Muhammed Hadi
Introduction
Muhammed Hadi is an accomplished inventor based in Chicago, IL. He has made significant contributions to the field of financial products and weather derivatives, holding a total of 10 patents. His innovative approaches have paved the way for advancements in these sectors.
Latest Patents
One of his latest patents is titled "Conversion and liquidation of defaulted positions." This patent discloses a method for liquidating defaulted positions associated with centrally cleared financial products. The method involves identifying a defaulted position, calculating a value differential, and settling the converted position upon acceptance by a party. Another notable patent is "Weather derivative volatility surface estimation." This patent provides systems and methods for determining the volatility of weather derivative option contracts. It outlines a process for replacing unreliable volatility levels with futures contracts volatility levels or meteorological volatility levels when necessary.
Career Highlights
Muhammed Hadi works at the Chicago Mercantile Exchange Inc., where he applies his expertise in financial products. His work has been instrumental in developing innovative solutions that enhance the efficiency and reliability of financial transactions.
Collaborations
Some of his coworkers include Ketan Patel and Amy Stephen, who contribute to the collaborative environment that fosters innovation at the Chicago Mercantile Exchange Inc.
Conclusion
Muhammed Hadi's contributions to the fields of finance and weather derivatives demonstrate his commitment to innovation and excellence. His patents reflect a deep understanding of complex financial systems and a drive to improve them.