Company Filing History:
Years Active: 2009-2011
Title: Nathan McMurtray: Innovator in Remarketable Securities
Introduction
Nathan McMurtray is a notable inventor based in New York, NY (US), recognized for his contributions to the field of finance and securities. He holds a total of five patents, showcasing his innovative approach to remarketable fixed income securities. His work has significant implications for investors and the financial industry.
Latest Patents
Among his latest patents, McMurtray has developed systems and methods for remarketable fixed income securities. This invention includes a straight debt security that features a maturity component, a reset component, and a remarketing component. The maturity component defines the term of the security, while the reset component outlines the conditions for adjusting the yield. The remarketing component facilitates the process of selling the security to new investors, allowing it to remain outstanding and deferring potential tax benefits until it is no longer active.
Another significant patent is for enhanced remarketable securities. This unit combines a forward contract with a remarketable security that ensures the performance of the forward contract's obligations. The forward contract mandates the holder to purchase a specified quantity of stock at a predetermined price by a certain date. The remarketable security is designed to be offered to new holders at a different denomination and may have varying coupon frequencies, enhancing its flexibility and appeal.
Career Highlights
Nathan McMurtray is currently employed at Morgan Stanley, where he applies his expertise in financial instruments and securities. His innovative patents reflect his deep understanding of market dynamics and investor needs.
Collaborations
Some of his notable coworkers include Serkan Savasoglu and Kevin G Woodruff, who contribute to the collaborative environment at Morgan Stanley.
Conclusion
Nathan McMurtray stands out as an influential inventor in the realm of remarketable securities, with a focus on enhancing financial instruments for investors. His patents not only demonstrate his innovative spirit but also contribute to the evolution of the financial industry.