This inventor holds 1 USPTO granted patent and 3 published patent applications. Top assignee: Altenative Investment Analytics LLC. Active years: 2013.
Company Filing History:
Years Active: 2013
Title: Richard B. Spurgin: Innovator in Futures Trading
Introduction
Richard B. Spurgin is a notable inventor based in Amherst, MA (US). He has made significant contributions to the field of futures trading through his innovative patent. His work focuses on minimizing transaction costs and turnover in trading futures contracts, which is crucial for investors seeking efficiency in their trading strategies.
Latest Patents
Richard B. Spurgin holds a patent for a "Commodity Futures Index and methods and systems of trading in futures contracts that minimize turnover and transactions costs." This invention relates to methods and systems designed to reduce transaction costs and minimize turnover in the trading of futures contracts. The patent describes an algorithm that provides a unique method of investing in futures contracts, effectively reducing the rate of turnover and, consequently, the cost of trading associated with common trading strategies. The primary application of this method is within indexing strategies that utilize a dynamic asset allocation approach using futures contracts.
Career Highlights
Richard is associated with Alternative Investment Analytics LLC, where he applies his expertise in futures trading. His innovative approach has positioned him as a key figure in the development of efficient trading strategies.
Collaborations
Richard has collaborated with notable professionals in the field, including Thomas R. Schneeweis and George Martin. Their combined expertise contributes to the advancement of trading methodologies and investment strategies.
Conclusion
Richard B. Spurgin's contributions to the field of futures trading through his innovative patent demonstrate his commitment to enhancing trading efficiency. His work continues to influence the strategies employed by investors in the financial markets.