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:
Oct. 13, 2009
Filed:
May. 11, 2006
Mehtap Dinc, Frankfurt am Main, DE;
Tobias Sprohnle, Frankfurt am Main, DE;
Mehtap Dinc, Frankfurt am Main, DE;
Tobias Sprohnle, Frankfurt am Main, DE;
Deutsche Boerse AG, Frankfurt am Main, DE;
Abstract
A data processing system and method is provided for managing futures contracts that are based on baskets of credit default swaps as underlyings. A data storage stores data identifying each credit default swap of at least two baskets, and repetitively updated values for credit default swaps of the baskets. A parallelization command is received which indicates at least one credit default swap from a first basket, wherein the credit default swap is a credit default swap not having suffered a credit event. Further, second basket data is generated in response to a received parallelization command. The data storage stores repetitively updated values for credit default swaps of the second basket and continues storing repetitively updated values for credit default swaps of the first basket. In general, a data processing system and method is provided for managing bundles of constructs that may individually fail.