William E Seale

Title: The Innovative Contributions of William E. Seale

Introduction

William E. Seale is a notable inventor based in Annapolis, MD (US), recognized for his contributions to the field of finance and technology. He holds a total of 5 patents, showcasing his innovative spirit and expertise in developing systems that enhance the management of exchange-traded funds (ETFs).

Latest Patents

Among his latest patents is a method and system for managing exchange-traded funds using an intraday indicative value. This invention involves a computer-implemented method, system, and software designed to calculate and utilize an intraday indicative value of leveraged Bullish or Bearish ETFs for arbitrage purposes. The process includes calculating the intraday current value of all equity securities in the ETF, applicable only to Bullish ETFs, and determining the intraday indicative value by combining various financial metrics. Another significant patent focuses on a computer system that processes data for share creation and redemption, providing near-real-time share valuation for ETFs that invest in derivative products. This system is designed to create an intraday indicative value file, which is essential for authorized participants to calculate the ETF's value accurately.

Career Highlights

William E. Seale is currently associated with Profund Advisors LLC, where he applies his expertise in financial technology. His work has significantly impacted the way ETFs are managed and valued, contributing to more efficient trading practices in the financial markets.

Collaborations

He has collaborated with notable colleagues, including Taeyong Lee and TaeYong Lee, further enhancing the innovative environment at Profund Advisors LLC.

Conclusion

William E. Seale's contributions to the field of finance through his patents demonstrate his commitment to innovation and excellence. His work continues to influence the management of exchange-traded funds, showcasing the importance of technology in modern finance.