Company Filing History:
Years Active: 2009-2013
Title: The Innovative Contributions of Scott Johnson
Introduction
Scott Johnson is an accomplished inventor based in Oak Park, Illinois, who has made significant contributions to the field of derivatives trading. With a portfolio of five patents, Johnson has developed groundbreaking methods that enhance trading efficiency and risk management in the financial markets.
Latest Patents
Two of Johnson's latest patents reflect his innovative approach to derivatives trading. The first patent details "Derivatives trading methods that use a variable order price and a hedge transaction." This invention provides systems and methods for executing hedge transactions connected to derivative product orders, allowing for flexibility in price determination based on various variables. Additionally, it introduces the possibility of executing hedge transactions on different exchanges from those processing the derivative orders, thereby improving transaction efficiency.
His second patent, "Order risk management for derivative products," offers systems and methods for processing derivative product orders at exchanges. This invention allows traders to submit order risk data to the exchange, which includes critical utilization values for managing risks associated with derivative products. By analyzing the trader's current and potential state before executing trades, this system enhances the ability to manage order risks effectively.
Career Highlights
Scott Johnson’s career has flourished at the Chicago Mercantile Exchange Inc., where he has been able to utilize his inventive skills to influence trading practices significantly. The organization is renowned for its advanced technological innovations in the financial sector, making it an ideal environment for Johnson's inventions.
Collaborations
Throughout his career, Johnson has collaborated with various professionals, including colleagues such as James W. Farrell and David Salvadori. These partnerships have enriched his work and contributed to the development of effective trading methodologies within the company.
Conclusion
In summary, Scott Johnson has established himself as a notable inventor in the derivatives trading space, with a clear focus on enhancing transaction efficiency and risk management. His latest patents underscore his innovative spirit and commitment to improving trading practices. Johnson's contributions continue to influence the financial industry and pave the way for future advancements.