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:
Dec. 19, 2023
Filed:
Sep. 14, 2020
Chicago Mercantile Exchange Inc., Chicago, IL (US);
David Andrew Boberski, Westport, CT (US);
John Labuszewski, Westmont, IL (US);
Michael O'Connell, Chicago, IL (US);
John Wiley, New York, NY (US);
Dhiraj Bawadhankar, Aurora, IL (US);
Samantha Azzarello, New York, NY (US);
Fateen Sharaby, Hoboken, NJ (US);
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Abstract
A computer system may access data corresponding to a portfolio that comprises interest rate swaps and may calculate parameters for a compressed swap. The computer system may determine, based at least in part on the parameters for the compressed swap, a performance bond requirement attributable to the interest rate swaps. The computer system may compare the performance bond requirement to account data associated with a holder of the portfolio and may perform one or more additional actions based on the comparing.