Company Filing History:
Years Active: 2013-2019
Title: Tuen Tuen Wang: Innovator in Financial Technology
Introduction
Tuen Tuen Wang is a prominent inventor based in Chicago, IL, known for his contributions to financial technology. He has been awarded 3 patents that showcase his innovative approaches to optimizing financial transactions and managing collateralized loans.
Latest Patents
One of his latest patents is titled "Matched order fulfillment with linear optimization." This invention outlines a method for matching compound orders from a group of market participants. It involves receiving compound order data, accessing stored price data, and implementing a linear solver to maximize the fulfillment of these orders while managing risk exposure levels. Another significant patent is "System and method for implementing and managing bundled option box futures." This system provides a collateralized loan utilizing a clearing counterparty, featuring a match engine module and a risk management module to ensure efficient processing of bundled box spread futures.
Career Highlights
Tuen Tuen Wang is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in financial technologies. His work focuses on enhancing the efficiency and security of financial transactions through innovative solutions.
Collaborations
Some of his notable coworkers include Richard Co and Xing Su, who contribute to the collaborative environment at the Chicago Mercantile Exchange Inc.
Conclusion
Tuen Tuen Wang's innovative patents and career at the Chicago Mercantile Exchange Inc. highlight his significant impact on the field of financial technology. His work continues to shape the future of financial transactions and risk management.