公开(公告)号：US20120023036A1

公开(公告)日：2012-01-26

申请号：US13190655

申请日：2011-07-26

申请人： MICHAEL SCHMANSKE ,  Maneesh Deshpande ,  Rohit Bhatia ,  Yidong Ding ,  Pankaj Khandelwal

发明人： MICHAEL SCHMANSKE ,  Maneesh Deshpande ,  Rohit Bhatia ,  Yidong Ding ,  Pankaj Khandelwal

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q40/06

摘要： An exemplary aspect comprises receiving data related to an underlying asset; calculating values corresponding to near-term implied volatility and realized volatility for the underlying asset; and transmitting data sufficient to describe an index based on a difference between the values corresponding to the near-term implied volatility and the realized volatility for the underlying asset. Another exemplary aspect comprises receiving electronic data related to an underlying asset; calculating data sufficient to describe a plurality of call options and a plurality of put options related to the underlying asset and written on a first settlement date; crediting an account with proceeds from selling the call and put options; and debiting the account to settle one or more of the options that are in-the-money on a second settlement date. Other aspects are apparent from the description and claims.

摘要翻译： 示例性方面包括接收与标的资产相关的数据; 计算相应资产的近期隐含波动率和实现波动率的值; 并且基于与短期隐含波动率相对应的值与标的资产的实现波动率之间的差异来传送足以描述指数的数据。 另一示例性方面包括接收与标的资产相关的电子数据; 计算足以描述多个看涨期权的数据和与相关资产相关并在第一结算日期写入的多个看跌期权; 记入销售电话和放置期权的收益; 并借记帐户以在第二个结算日期结算一个或多个在货币中的期权。 从描述和权利要求中，其它方面是显而易见的。

公开(公告)号：US08538849B2

公开(公告)日：2013-09-17

申请号：US13190655

申请日：2011-07-26

申请人： Michael Schmanske ,  Maneesh Deshpande ,  Rohit Bhatia ,  Yidong Ding ,  Pankaj Khandelwal

发明人： Michael Schmanske ,  Maneesh Deshpande ,  Rohit Bhatia ,  Yidong Ding ,  Pankaj Khandelwal

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q40/06

摘要： An exemplary aspect comprises receiving data related to an underlying asset; calculating values corresponding to near-term implied volatility and realized volatility for the underlying asset; and transmitting data sufficient to describe an index based on a difference between the values corresponding to the near-term implied volatility and the realized volatility for the underlying asset. Another exemplary aspect comprises receiving electronic data related to an underlying asset; calculating data sufficient to describe a plurality of call options and a plurality of put options related to the underlying asset and written on a first settlement date; crediting an account with proceeds from selling the call and put options; and debiting the account to settle one or more of the options that are in-the-money on a second settlement date. Other aspects are apparent from the description and claims.

摘要翻译： 示例性方面包括接收与标的资产相关的数据; 计算相应资产的近期隐含波动率和实现波动率的值; 并且基于与短期隐含波动率相对应的值与标的资产的实现波动率之间的差异来传送足以描述指数的数据。 另一示例性方面包括接收与标的资产相关的电子数据; 计算足以描述多个看涨期权的数据和与相关资产相关并在第一结算日期写入的多个看跌期权; 记入销售电话和放置期权的收益; 并借记帐户以在第二个结算日期结算一个或多个在货币中的期权。 从描述和权利要求中，其它方面是显而易见的。

公开(公告)号：US08429043B2

公开(公告)日：2013-04-23

申请号：US10465462

申请日：2003-06-18

申请人： Eric Glicksman ,  Spyros Papadakis ,  Yidong Ding ,  Omar Gzouli

发明人： Eric Glicksman ,  Spyros Papadakis ,  Yidong Ding ,  Omar Gzouli

IPC分类号： G06Q40/00

CPC分类号： G06Q40/08 ,  G06Q40/025

摘要： A novel investment vehicle comprises a synthetic corporate exchangeable note linked to the equity return and credit of select third parties. A computer system creates, tracks and implements the investment vehicle in accord with program-controlled processing. A highly flexible, cost-efficient security is created having enhanced risk/return characteristics.

摘要翻译： 一种新颖的投资工具包括与选定第三方的股权回报和信贷相关的合成公司可交换票据。 计算机系统根据程序控制处理创建，跟踪和实施投资工具。 创造出具有高度灵活性，成本效益的安全性，具有增强的风险/回报特征。

公开(公告)号：US20100131306A1

公开(公告)日：2010-05-27

申请号：US12620255

申请日：2009-11-17

申请人： Samson Koo ,  Yidong Ding ,  Shilpa Akella

发明人： Samson Koo ,  Yidong Ding ,  Shilpa Akella

IPC分类号： G06Q40/00

CPC分类号： G06Q40/06 ,  G06Q40/04 ,  G06Q40/08

摘要： A system and method is provided for calculating and generating a predetermined payment obligation. A hypothetical portfolio of securities is selected having an initial value. A financial instrument is issued that references the hypothetical portfolio, the financial instrument having a fixed term. A guaranteed minimum withdrawal benefit is deducted from a net asset value of the hypothetical portfolio on a periodic basis for the fixed term. The net asset value of the hypothetical portfolio is determined to be zero if the net asset value of the hypothetical portfolio falls below a predetermined amount of funds. An adjustment in the number of securities in the hypothetical portfolio is calculated with a computer on a periodic basis according to an algorithm, the algorithm taking into account at least one of a prevailing market value of the securities in the hypothetical portfolio and a net present value of an obligation to deduct the predetermined amount of funds until the end of the fixed term. At the end of the fixed term, the net asset value of the hypothetical portfolio is paid.

摘要翻译： 提供了一种用于计算和产生预定付款义务的系统和方法。 选择具有初始值的假设投资组合。 发行金融工具，参考假设投资组合，金融工具具有固定期限。 保证的最低退出福利是从固定期限的定期基础上从假设投资组合的净资产值中扣除的。 如果假设投资组合的净资产值低于预定资金金额，则假设投资组合的净资产值确定为零。 假设投资组合中的证券数量的调整是根据算法计算出的，该算法考虑到假设组合中证券的现行市场价值和净现值中的至少一个， 有义务在固定期限结束前扣除预定金额的资金。 在固定期限结束时，假设投资组合的净资产值得到支付。