Invention Grant
- Patent Title: Systems and methods for using declining balance methodologies to enhance clearing of dividend futures and other instruments
- Patent Title (中): 使用下降余额法加强股息期货和其他工具清算的制度和方法
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Application No.: US12955464Application Date: 2010-11-29
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Publication No.: US08626638B2Publication Date: 2014-01-07
- Inventor: Richard Co , TuenTuen Wang , Xing Su , John Labuszewski
- Applicant: Richard Co , TuenTuen Wang , Xing Su , John Labuszewski
- Applicant Address: US IL Chicago
- Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee Address: US IL Chicago
- Agency: Banner & Witcoff, Ltd.
- Main IPC: G06Q40/02
- IPC: G06Q40/02

Abstract:
Systems and method are disclosed for quoting, adjusting and settling futures contracts by successively removing the just-realized variables from the quoted futures price to focus the quoted contract value to the remaining unrealized economic variables. Further, such systems and method for quoting, adjusting and settling the futures contracts preserve the underlying economic consideration for the trade when compared with the traditional way of quoting futures based on the same cumulative sum.
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