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. 10, 2012
Filed:
Oct. 29, 2008
Suneel Iyer, Naperville, IL (US);
Keith Anguish, Homer Glen, IL (US);
Moody Hadi, Chicago, IL (US);
Ketan Patel, Hanover Park, IL (US);
Suneel Iyer, Naperville, IL (US);
Keith Anguish, Homer Glen, IL (US);
Moody Hadi, Chicago, IL (US);
Ketan Patel, Hanover Park, IL (US);
Chicago Mercantile Exchange, Inc., Chicago, IL (US);
Abstract
Disclosed are a method, apparatus, and computer-readable medium for determining the value of a derivative product over nonconsecutive periods. The derivative product may be an interest rate swap product, which, when exchanged traded, normally is valued on a mark-to-market basis over consecutive periods. The product may be valued using swap value factors and settlement values according to the methodology disclosed herein.