公开(公告)号：US20130018770A1

公开(公告)日：2013-01-17

申请号：US13183132

申请日：2011-07-14

申请人： Richard Co ,  Steve Youngren ,  John Wiley ,  David Boberski ,  John Labuszewski ,  John Nyhoff

发明人： Richard Co ,  Steve Youngren ,  John Wiley ,  David Boberski ,  John Labuszewski ,  John Nyhoff

IPC分类号： G06Q40/00

CPC分类号： G06Q40/06

摘要： The disclosed embodiments relate to a futures contract, the value of which is based on the value of the underlying asset multiplied by a variable multiplier value which is based on a variable parameter.

摘要翻译： 所公开的实施例涉及期货合约，其期望价值基于潜在资产的价值乘以基于可变参数的可变乘数值。

公开(公告)号：US20120265663A1

公开(公告)日：2012-10-18

申请号：US13086874

申请日：2011-04-14

申请人： Steven A. Youngren ,  Lori Aldinger ,  John Nyhoff ,  John W. Labuszewski

发明人： Steven A. Youngren ,  Lori Aldinger ,  John Nyhoff ,  John W. Labuszewski

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04

摘要： Systems and methods that provide for a perpetual futures/derivatives contract with periodic reckoning are disclosed. An embodiment may include a method of receiving a new perpetual contract and managing that contract through to its termination. The perpetual futures contract may comprise an option to terminate the contract at recurring predetermined intervals. The exchange may allow or prohibit exercise of the option based on particular parameters.

摘要翻译： 披露了提供定期推算的永久期货/衍生工具合约的制度和方法。 一个实施方案可以包括接收新的永久合同并通过其终止来管理该合同的方法。 永久期货合约可包括以预定间隔重复终止合约的选择权。 交易所可以允许或禁止基于特定参数行使该期权。

公开(公告)号：US08265965B2

公开(公告)日：2012-09-11

申请号：US11611433

申请日：2006-12-15

申请人： Richard Co ,  John Labuszewski ,  John Nyhoff

发明人： Richard Co ,  John Labuszewski ,  John Nyhoff

IPC分类号： G06Q40/00

CPC分类号： G06Q40/06 ,  G06Q40/04

摘要： Methods, systems and apparatuses are described for processing and clearing derivatives products with a digital outcome and a plurality of constituents. A computer system configured to process and clear derivative products can accept initial and adjusted performance bonds from buyers and sellers, and adjust the market price of the derivative product at intervals. The market price may be adjusted on a mark-to-market basis and through analysis of other information, e.g., a change in credit rating of reference entities of the derivative product. As a result of price adjustments, cash flow may be generated between buyers and sellers (e.g., credit and debit to accounts). The derivative product may pay a percentage of a predetermined final settlement amount upon the triggering of a predetermined event in each of the constituents of the derivative product. However, upon expiration of the derivative product, the derivative's market price is settled to zero and the agreement is terminated.

摘要翻译： 描述了用于处理和清除具有数字结果和多个成分的衍生产品的方法，系统和装置。 配置为处理和清除衍生产品的计算机系统可以接受来自买方和卖方的初始和调整后的履约保证金，并间隔调整衍生产品的市场价格。 可以通过市场价格调整市场价格，并通过分析其他信息，例如衍生产品参考实体的信用评级变化。 由于价格调整，买方和卖方之间可能会产生现金流量（例如信用卡和借记帐户）。 在衍生产品的每个成分中的触发预定事件之后，衍生产品可以支付预定最终结算金额的百分比。 但衍生产品到期后，衍生品市场价格为零，协议终止。

公开(公告)号：US08849712B2

公开(公告)日：2014-09-30

申请号：US13452425

申请日：2012-04-20

申请人： John Nyhoff ,  Frederick Sturm ,  Michael Kamradt ,  John Labuszewski

发明人： John Nyhoff ,  Frederick Sturm ,  Michael Kamradt ,  John Labuszewski

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04

摘要： An exchange computer system creates, trades and/or otherwise manages basis derivative contracts. At maturity, a basis derivative contract may have two components. A first component may require a party to the basis derivative contract to make or take some type of delivery related to a particular subject matter. A second component may require the basis derivative contractee to accept a further obligation under one or more derivative contracts related to the subject matter.

摘要翻译： 交换计算机系统创建，交易和/或以其他方式管理基础衍生合约。 到期时，基础衍生工具合约可能有两个组成部分。 第一个组成部分可能要求基础衍生工具合同的一方作出或采取与特定主题相关的某种类型的交付。 第二个组成部分可能要求基础衍生工具承包商根据与主题相关的一个或多个衍生合同接受进一步的义务。

公开(公告)号：US08423446B2

公开(公告)日：2013-04-16

申请号：US13569916

申请日：2012-08-08

申请人： Richard Co ,  John Labuszewski ,  John Nyhoff

发明人： Richard Co ,  John Labuszewski ,  John Nyhoff

IPC分类号： G06Q40/00

CPC分类号： G06Q40/06 ,  G06Q40/04

摘要： Methods, systems and apparatuses are described for processing and clearing derivatives products with a digital outcome and a plurality of constituents. A computer system configured to process and clear derivative products can accept initial and adjusted performance bonds from buyers and sellers, and adjust the market price of the derivative product at intervals. The market price may be adjusted on a mark-to-market basis and through analysis of other information, e.g., a change in credit rating of reference entities of the derivative product. As a result of price adjustments, cash flow may be generated between buyers and sellers (e.g., credit and debit to accounts). The derivative product may pay a percentage of a predetermined final settlement amount upon the triggering of a predetermined event in each of the constituents of the derivative product. However, upon expiration of the derivative product, the derivative's market price is settled to zero and the agreement is terminated.

摘要翻译： 描述了用于处理和清除具有数字结果和多个成分的衍生产品的方法，系统和装置。 配置为处理和清除衍生产品的计算机系统可以接受来自买方和卖方的初始和调整后的履约保证金，并间隔调整衍生产品的市场价格。 可以通过市场价格调整市场价格，并通过分析其他信息，例如衍生产品参考实体的信用评级变化。 由于价格调整，买方和卖方之间可能会产生现金流量（例如信用卡和借记帐户）。 在衍生产品的每个成分中的触发预定事件之后，衍生产品可以支付预定最终结算金额的百分比。 但衍生产品到期后，衍生品市场价格为零，协议终止。

公开(公告)号：US20130041802A1

公开(公告)日：2013-02-14

申请号：US13572828

申请日：2012-08-13

申请人： Richard Co ,  John Labuszewski ,  Paul Peterson ,  John Nyhoff ,  Sayee Srinivasan

发明人： Richard Co ,  John Labuszewski ,  Paul Peterson ,  John Nyhoff ,  Sayee Srinivasan

IPC分类号： G06Q40/04

CPC分类号： G06Q40/04

摘要： Systems and methods are described for processing and clearing derivatives products with a binary outcome and having a final settlement based on a triggering event. A computer system configured to process and clear derivative products can accept initial and adjusted performance bonds from buyers and sellers, and adjust the market price of the derivative product at intervals. The market price may be adjusted on a mark-to-market basis and through analysis of other information, e.g., the credit rating of a reference entity. As a result of price adjustments, cash flow may be generated between buyers and sellers. The derivative product may pay a predetermined final settlement amount or percentage upon the triggering of a predetermined event. However, upon expiration of the derivative product, the derivative's market price is settled to zero and the agreement is terminated.

公开(公告)号：US20140019324A1

公开(公告)日：2014-01-16

申请号：US13546083

申请日：2012-07-11

申请人： John Nyhoff ,  Steve Youngren ,  Sandra Ro ,  Richard Co ,  John Labuszewski

发明人： John Nyhoff ,  Steve Youngren ,  Sandra Ro ,  Richard Co ,  John Labuszewski

IPC分类号： G06Q40/04

CPC分类号： G06Q40/04

摘要： Systems and methods are provided for processing and settling futures contracts that have multiple settlement provisions. A single futures contract may include both a physical delivery settlement provision and a cash settlement provision. Cash settlement provisions may involve inconvertible currencies.

摘要翻译： 提供了处理和结算具有多重结算条款的期货合约的制度和方法。 单一期货合约可能包括实物交割结算条款和现金结算条款。 现金结算条款可能涉及不可兑换的货币。

公开(公告)号：US20130041843A1

公开(公告)日：2013-02-14

申请号：US13209070

申请日：2011-08-12

申请人： John Nyhoff ,  Frederick Sturm ,  John Labuszewski

发明人： John Nyhoff ,  Frederick Sturm ,  John Labuszewski

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q40/06

摘要： Computer readable media, methods, and apparatuses may be configured for processing a plurality of yields, each of the yields corresponding to a different maturity date, determining a plurality of floating payments based on the yields, determining a plurality of fixed payments based on a fixed interest rate, determining a present value of the floating payments, determining a present value of the fixed payments, and generating a quote for a swap financial product as a function of the present value of the floating payments and the present value of the fixed payments.

公开(公告)号：US20130024344A1

公开(公告)日：2013-01-24

申请号：US13186235

申请日：2011-07-19

申请人： David Boberski ,  John Wiley ,  John Nyhoff ,  John Labuszewski

发明人： David Boberski ,  John Wiley ,  John Nyhoff ,  John Labuszewski

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04

摘要： Novel systems and methods for selectively listing a commodity under one or more different commodity codes are provided. A single commodity may be selectively listed under different commodity codes based upon whether it is offered on an opening or closing basis. The commodity may be an Interest Rate Swap (IRS). It may be matched with bids according to a fixed rate variable when listed under the first code. The same commodity may then be listed on the same exchange under a second commodity code. In one embodiment, the commodity listed under the second commodity code may be matched with bids according to a different variable, such as, for example, a currency amount. In one implementation, the currency amount of the second variable may represent a non-par payment.

摘要翻译： 提供了用于以一种或多种不同商品代码选择性地列出商品的新型系统和方法。 可以根据是开放还是关闭提供单一商品，根据不同的商品代码选择性地列出。 商品可能是利率互换（IRS）。 根据第一个代码列出，可以根据固定费率变量来匹配出价。 相同的商品可以在第二个商品代码的同一交易所上市。 在一个实施例中，根据第二商品代码列出的商品可以根据不同的变量（例如货币金额）与出价相匹配。 在一个实现中，第二变量的货币金额可以表示非参数支付。

公开(公告)号：US20120303510A1

公开(公告)日：2012-11-29

申请号：US13569916

申请日：2012-08-08

申请人： Richard Co ,  John Labuszewski ,  John Nyhoff

发明人： Richard Co ,  John Labuszewski ,  John Nyhoff

IPC分类号： G06Q40/04

CPC分类号： G06Q40/06 ,  G06Q40/04

摘要： Methods, systems and apparatuses are described for processing and clearing derivatives products with a digital outcome and a plurality of constituents. A computer system configured to process and clear derivative products can accept initial and adjusted performance bonds from buyers and sellers, and adjust the market price of the derivative product at intervals. The market price may be adjusted on a mark-to-market basis and through analysis of other information, e.g., a change in credit rating of reference entities of the derivative product. As a result of price adjustments, cash flow may be generated between buyers and sellers (e.g., credit and debit to accounts). The derivative product may pay a percentage of a predetermined final settlement amount upon the triggering of a predetermined event in each of the constituents of the derivative product. However, upon expiration of the derivative product, the derivative's market price is settled to zero and the agreement is terminated.

摘要翻译： 描述了用于处理和清除具有数字结果和多个成分的衍生产品的方法，系统和装置。 配置为处理和清除衍生产品的计算机系统可以接受来自买方和卖方的初始和调整后的履约保证金，并间隔调整衍生产品的市场价格。 可以通过市场价格调整市场价格，并通过分析其他信息，例如衍生产品参考实体的信用评级变化。 由于价格调整，买方和卖方之间可能会产生现金流量（例如信用卡和借记帐户）。 在衍生产品的每个成分中的触发预定事件之后，衍生产品可以支付预定最终结算金额的百分比。 但衍生产品到期后，衍生品市场价格为零，协议终止。