The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jun. 22, 2021
Filed:
Jan. 02, 2019
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Richard Co, Chicago, IL (US);
Thomas Patrick Rafferty, Chicago, IL (US);
Murphy James Brennan, Hinsdale, IL (US);
Timothy Francis McCourt, New York, NY (US);
Giovanni Vicioso, New York, NY (US);
David Paul Plandowski, Chicago, IL (US);
Benjamin Carl Rutledge, Chicago, IL (US);
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Abstract
A computer implemented method for creating and matching implied inter-commodity spread orders where a spread ratio between legs of the inter-commodity spread is endogenous. The implied spread price is determined with a multi-step calculation including determining the price ratio between the underlying products and balancing the quantity of contracts required of each leg product.