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:
Jul. 03, 2012
Filed:
Mar. 29, 2011
Dmitriy Glinberg, Northbrook, IL (US);
Tae S. Yoo, Bartlett, IL (US);
Dale A. Michaels, Westmont, IL (US);
Edward Gogol, Skokie, IL (US);
Dmitriy Glinberg, Northbrook, IL (US);
Tae S. Yoo, Bartlett, IL (US);
Dale A. Michaels, Westmont, IL (US);
Edward Gogol, Skokie, IL (US);
Chicago Mercantile Exchange, Inc., Chicago, IL (US);
Abstract
A system and method for analyzing correlation between the assets given by the trader for collateral and that trader's open positions is disclosed. Thus, if the collateral is correlated to the trader's open positions, then some offset can be given. If there is no correlation then the collateral is valued in the conventional way. For example, if a trader provides t-bills as collateral for an account that has open positions (e.g. short futures) in T-bills, then that trader's account can be credited with some offset since the value of T-bills and T-bill futures are highly correlated.