公开(公告)号：WO2012142298A1

公开(公告)日：2012-10-18

申请号：PCT/US2012/033335

申请日：2012-04-12

Applicant: CHICAGO MERCANTILE EXCHANGE INC. ,  YOUNGREN, Steven A. ,  ALDINGER, Lori ,  NYHOFF, John ,  LABUSZEWSKI, John W.

Inventor： YOUNGREN, Steven A. ,  ALDINGER, Lori ,  NYHOFF, John ,  LABUSZEWSKI, John W.

IPC: G06Q40/06

CPC classification number: G06Q40/04

Abstract: 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.

Abstract translation: 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：WO2013013001A1

公开(公告)日：2013-01-24

申请号：PCT/US2012/047317

申请日：2012-07-19

Applicant: CHICAGO MERCANTILE EXCHANGE INC. ,  CO, Richard ,  YOUNGREN, Steven A. ,  ALDINGER, Lori ,  LABUSZEWSKI, John

Inventor： CO, Richard ,  YOUNGREN, Steven A. ,  ALDINGER, Lori ,  LABUSZEWSKI, John

IPC: G06Q40/00

CPC classification number: G06Q40/00

Abstract: In the context of multi-laterally traded contracts, a method may be invoked in the event that payments denominated in a particular currency that are required in satisfaction of the contractual obligations of the contract cannot be made. Payments may be deferred for a specified number of business days or until such time as commercially practicable. Unpaid payments due may accrue interest and/or penalties at rates as determined by a governing body.

Abstract translation: 在多边交易合同的情况下，如果不能以合同的合同义务所需的以特定货币计价的支付，则可以援引一种方法。 付款可能会延迟指定的工作日数，或直到商业上可行的时间。 未付的付款可能会由理事机构确定的利率和/或罚款。

公开(公告)号：WO2009067437A1

公开(公告)日：2009-05-28

申请号：PCT/US2008/083883

申请日：2008-11-18

Applicant: CHICAGO MERCANTILE EXCHANGE, INC. ,  YOUNGREN, Steven, A. ,  SAMMANN, Derek, Louis ,  LABUSZEWSKI, John, W. ,  SCHULZ, David, Joseph ,  BRUSSO, Scott, A.

Inventor： YOUNGREN, Steven, A. ,  SAMMANN, Derek, Louis ,  LABUSZEWSKI, John, W. ,  SCHULZ, David, Joseph ,  BRUSSO, Scott, A.

IPC: G06Q40/00

CPC classification number: G06Q40/04 ,  G06Q40/00

Abstract: Techniques and systems for settling over-the-counter financial instruments includes sampling over a periodic interval are disclosed. A volume weighted average price of the sampled process may be calculated and forward points may be applied to the volume weighted average priced to determine an associated spot exchange rate. Such a synthetic spot FX exchange rate may be published to subscribers. Over-the-counter financial derivatives may establish delivery obligations according to the spot exchange rate. In the event where a number of transactions during the sampling period is less than a threshold, a midpoint of bids and asks associated with orders for the exchange traded financial derivative may be used to determine an average of the midpoint, to which the forward points may be applied to determine the spot exchange rate. Alternatively, the time-weighted average of the bid and ask orders during a periodic interval may be used in computing the volume- weighted average price.

Abstract translation: 解决非处方金融工具的技术和制度包括采用周期性间隔进行披露。 可以计算采样过程的体积加权平均价格，并且转发点可以应用于定价的体积加权平均值以确定相关联的即期汇率。 这种合成现货外汇汇率可能会发布给用户。 非处方金融衍生工具可以根据即期汇率确定交割义务。 如果抽样期间的一些交易低于一个门槛，可以使用与交易所交易金融衍生工具的订单相关联的出价中点和确定中点的平均值，前进点可以 适用于确定即期汇率。 或者，周期性间隔期间的出价和询问订单的时间加权平均值可用于计算加权平均价格。