Invention Grant
- Patent Title: Modification of multi-laterally traded contracts based on currency unavailability condition
- Patent Title (中): 根据货币不可用条件修改多边交易合约
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Application No.: US13187846Application Date: 2011-07-21
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Publication No.: US08606687B2Publication Date: 2013-12-10
- Inventor: Richard Co , Steven Youngren , Lori Aldinger , John Labuszewski
- Applicant: Richard Co , Steven Youngren , Lori Aldinger , 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: G06Q40/00
- IPC: G06Q40/00
Abstract:
A type of multi-laterally traded contract may designate a primary currency and a secondary currency. The primary currency may be used for settlement and/or other payment obligations in connection with instances of the contract type. Under certain conditions, however, authorization may be given for settlement and/or payment of at least some obligations using an equivalent amount of the secondary currency.
Public/Granted literature
- US20130024346A1 Modification of Multi-Laterally Traded Contracts Based on Currency Unavailability Condition Public/Granted day:2013-01-24
Information query
