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. 13, 2011
Filed:
Jul. 30, 2007
John Williams, New York, NY (US);
Doug Warren, Brooklyn, NY (US);
Bryce Markus, New York, NY (US);
David Moss, Brooklyn, NY (US);
Robert Lee, Summit, NJ (US);
Carlo-edoardo Carlon, London, GB;
Athanassios Diplas, Chatham, NJ (US);
Glade Jacobsen, New York, NY (US);
Justin Gmelich, New York, NY (US);
William Roberts, New York, NY (US);
Bryan Mix, Tuxedo Park, NY (US);
Kimberly Summe, New York, NY (US);
Tom Benison, Greenwich, CT (US);
Alessandro Cocco, New York, NY (US);
Lisa Watkinson, New York, NY (US);
Thomas Vogel, New York, NY (US);
Vincent Basulto, New York, NY (US);
John Williams, New York, NY (US);
Doug Warren, Brooklyn, NY (US);
Bryce Markus, New York, NY (US);
David Moss, Brooklyn, NY (US);
Robert Lee, Summit, NJ (US);
Carlo-Edoardo Carlon, London, GB;
Athanassios Diplas, Chatham, NJ (US);
Glade Jacobsen, New York, NY (US);
Justin Gmelich, New York, NY (US);
William Roberts, New York, NY (US);
Bryan Mix, Tuxedo Park, NY (US);
Kimberly Summe, New York, NY (US);
Tom Benison, Greenwich, CT (US);
Alessandro Cocco, New York, NY (US);
Lisa Watkinson, New York, NY (US);
Thomas Vogel, New York, NY (US);
Vincent Basulto, New York, NY (US);
International Swaps and Derivatives Association, Inc., New York, NY (US);
Abstract
Systems and methods for settling credit default swap contracts upon occurrence of a credit event are provided. In the first stage an inside market price and imbalance between net sell and buy positions are determined. When there is an imbalance between net sell and buy positions, a second stage is employed to determine a final price for settling the imbalance.