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:
Apr. 29, 2025
Filed:
Dec. 02, 2019
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Jennifer Weng, Brooklyn, NY (US);
Ziyi Wang, Chicago, IL (US);
Xianqing Zou, Jersey City, NJ (US);
Yingwen Liu, Brooklyn, NY (US);
Shuo Liu, London, GB;
Chenda Huang, Hoboken, NJ (US);
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Abstract
A method and system are disclosed for more efficiently constructing a volatility surface. The methodology results in measurable reduction in the quantity of storage memory space needed on a computer executing the novel methodology, reduces the measurable, on-demand computational load on the processor(s) of a computer executing the novel methodology, and permits as-of-day calculations of the volatility surface that were previously impossible to obtain in near real-time.