Invention Grant
- Patent Title: Standardization and management of over-the-counter financial instruments
- Patent Title (中): 非法金融工具的标准化管理
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Application No.: US12021568Application Date: 2008-01-29
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Publication No.: US08527383B2Publication Date: 2013-09-03
- Inventor: Stephane Rio , Sven Miserey
- Applicant: Stephane Rio , Sven Miserey
- Applicant Address: US IL Chicago
- Assignee: Chicago Mercantile Exchange, Inc.
- Current Assignee: Chicago Mercantile Exchange, Inc.
- Current Assignee Address: US IL Chicago
- Agency: Brinks Hofer Gilson & Lione
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A method of managing financial products is disclosed. The method includes receiving transaction parameters associated with a financial transaction, determining a standardized financial product, wherein the standardized financial transaction reflects the transaction parameters associated with the financial position, calculating a net present value position between the financial position and the standardized financial product, and clearing the net present value position through a clearing party.
Public/Granted literature
- US20080183615A1 Standardization and Management of Over-the-Counter Financial Instruments Public/Granted day:2008-07-31
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