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1.
公开(公告)号:US08510203B2
公开(公告)日:2013-08-13
申请号:US11519577
申请日:2006-09-11
申请人: Thomas Corcoran , Ashish Shah , Megan Philbin , Vincent Basulto , Jock Jones , Anthony S. Bugliari , Daniel Crowley , Andrew Layng , Daron Pope , Jason Quinn
发明人: Thomas Corcoran , Ashish Shah , Megan Philbin , Vincent Basulto , Jock Jones , Anthony S. Bugliari , Daniel Crowley , Andrew Layng , Daron Pope , Jason Quinn
IPC分类号: G06Q40/00
摘要: In one aspect, the invention comprises a method comprising the steps of: (a) specifying a reference entity which is an obligor with respect to preferred securities; (b) defining a credit event to include deferral of dividend or coupon on the preferred securities; (c) specifying a payoff to include the preferred securities, the payoff to be made following the credit event; (d) specifying a premium; (e) executing an agreement with a protection buyer, wherein the agreement comprises terms based on the reference entity, the credit event, and the payoff, and wherein the protection buyer agrees to pay the premium in return for a promise to provide the payoff to the protection buyer upon occurrence of the credit event; and (f) receiving the premium from the protection buyer.
摘要翻译: 一方面,本发明包括一种方法,该方法包括以下步骤:(a)指定作为优先证券的债务人的参照实体; (b)定义信贷事件,包括将优先证券的股息或优惠券推迟; (c)指明收益以包括首选证券,在信贷事件之后作出的回报; (d)订明保费; (e)与保护买家签订协议,其中该协议包括基于参考实体,信用事件和收益的条款,并且其中保护买方同意支付溢价以作为回报提供回报的承诺 发生信用事件时的保护买家; 和(f)从保护买家收取保费。
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2.
公开(公告)号:US20070083447A1
公开(公告)日:2007-04-12
申请号:US11519577
申请日:2006-09-11
申请人: Thomas Corcoran , Ashish Shah , Megan Philbin , Vincent Basulto , Jock Jones , Anthony Bugliari , Daniel Crowley , Andrew Layng , Daron Pope , Jason Quinn
发明人: Thomas Corcoran , Ashish Shah , Megan Philbin , Vincent Basulto , Jock Jones , Anthony Bugliari , Daniel Crowley , Andrew Layng , Daron Pope , Jason Quinn
IPC分类号: G06Q40/00
摘要: In one aspect, the invention comprises a method comprising the steps of: (a) specifying a reference entity which is an obligor with respect to preferred securities; (b) defining a credit event to include deferral of dividend or coupon on the preferred securities; (c) specifying a payoff to include the preferred securities, the payoff to be made following the credit event; (d) specifying a premium; (e) executing an agreement with a protection buyer, wherein the agreement comprises terms based on the reference entity, the credit event, and the payoff, and wherein the protection buyer agrees to pay the premium in return for a promise to provide the payoff to the protection buyer upon occurrence of the credit event; and (f) receiving the premium from the protection buyer.
摘要翻译: 一方面,本发明包括一种方法,该方法包括以下步骤:(a)指定作为优先证券的承付人的参照实体; (b)定义信贷事件,包括将优先证券的股息或优惠券推迟; (c)指明收益以包括首选证券,在信贷事件之后作出的回报; (d)订明保费; (e)与保护买家签订协议,其中该协议包括基于参考实体,信用事件和收益的条款,并且其中保护买方同意支付溢价以作为回报提供回报的承诺 发生信用事件时的保护买家; 和(f)从保护买家收取保费。
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公开(公告)号:US08078521B1
公开(公告)日:2011-12-13
申请号:US11830005
申请日:2007-07-30
申请人: John Williams , Doug Warren , Bryce Markus , David Moss , Robert Lee , Carlo-Edoardo Carlon , Athanassios Diplas , Glade Jacobsen , Justin Gmelich , William Roberts , Bryan Mix , Kimberly Summe , Tom Benison , Alessandro Cocco , Lisa Watkinson , Thomas Vogel , Vincent Basulto
发明人: John Williams , Doug Warren , Bryce Markus , David Moss , Robert Lee , Carlo-Edoardo Carlon , Athanassios Diplas , Glade Jacobsen , Justin Gmelich , William Roberts , Bryan Mix , Kimberly Summe , Tom Benison , Alessandro Cocco , Lisa Watkinson , Thomas Vogel , Vincent Basulto
IPC分类号: G06Q40/00
CPC分类号: G06Q40/04
摘要: Systems and methods for settling credit default swap contracts upon occurrence of a credit event are provided. In the first stage an inside market price and imbalance between net sell and buy positions are determined. When there is an imbalance between net sell and buy positions, a second stage is employed to determine a final price for settling the imbalance.
摘要翻译: 提供了在发生信用事件时结算信用违约掉期合约的系统和方法。 在第一阶段,内部市场价格和净销售和买入头寸之间的不平衡被确定。 当净销售和买入头寸之间出现不平衡时,采用第二阶段来确定最终价格以解决不平衡。
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公开(公告)号:US20060282355A1
公开(公告)日:2006-12-14
申请号:US10404517
申请日:2003-04-01
申请人: Rene Canezin , Vincent Basulto , Paul Mitrokostas , C. Weaver , Setareh Mirhosseini , Elena Ranguelova
发明人: Rene Canezin , Vincent Basulto , Paul Mitrokostas , C. Weaver , Setareh Mirhosseini , Elena Ranguelova
IPC分类号: G06Q40/00
摘要: A financial investment product that allows an investor to take leveraged exposure to a customized, dynamic pool of credits and earn an enhanced yield. The product consists of a special purpose vehicle, such as a trust, containing one or more underlying assets and a portfolio of diversified credit default swaps. The notional of the outstanding portfolio of default swaps is a multiple of the notional of securities issued by the trust, which creates the leverage. The leverage is non-recourse to the investor and can be either increased or decreased during the life of the trade.
摘要翻译: 一种金融投资产品,允许投资者利用定制化的动态信用额度获得杠杆敞口,并获得更高的收益。 该产品由专用车辆,如信托,包含一个或多个标的资产和多元化信用违约互换组合组成。 违约掉期投资组合的名义是信托发行的证券的名义的倍数,创造了杠杆。 杠杆作用是不追求投资者,在交易期间可以增加或减少。
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