Philip Myron Ginsberg

Title: Innovations by Philip Myron Ginsberg

Introduction

Philip Myron Ginsberg is an accomplished inventor based in Calabasas, California. He has made significant contributions to the field of data processing systems, particularly in the realm of fixed income securities. With a total of two patents to his name, Ginsberg's work has had a notable impact on financial technology.

Latest Patents

Ginsberg's latest patents include the "Fixed Income Portfolio Data Processor" and the "Fixed Income Portfolio Index Processor." The Fixed Income Portfolio Data Processor is a sophisticated data processing system that receives a continuous stream of real-time transactional data regarding market transactions of fixed income securities. This system qualifies incoming data to determine the term structure of interest rates based on price information. It employs linear interpolation techniques to create an operative data set, which is continuously updated with current trade data. The system shifts the term structure using pivot points from newly qualified data and calculates an index value for a pre-selected portfolio of securities, expressed in terms of price relative to par, yield to maturity, and duration.

The Fixed Income Portfolio Index Processor operates similarly, receiving real-time transactional data and qualifying it to determine interest rates. This specific implementation, using U.S. Treasuries as the monitored security, supports an automated trading function for futures and/or options contracts based on changes in the index value. The index serves as a more accurate barometer of market changes and is a valuable tool for measuring portfolio management for plan sponsors.

Career Highlights

Ginsberg is currently associated with Cantor Fitzgerald, LP, where he continues to innovate in the financial technology sector. His expertise in data processing systems has positioned him as a key player in enhancing portfolio management and trading strategies.

Collaborations

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Conclusion

Philip Myron Ginsberg's contributions to the field of data processing for fixed income securities demonstrate his innovative spirit and technical expertise. His patents reflect a deep understanding of market dynamics and the importance of accurate data in financial decision-making.