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. 04, 2012
Filed:
Jul. 13, 2011
Scott Johnston, Oak Park, IL (US);
John Falck, Chicago, IL (US);
Charlie Troxel, Jr., Naperville, IL (US);
James Farrell, Carol Stream, IL (US);
Arjuna Ariathurai, Chicago, IL (US);
Agnes Shanthi Thiruthuvadoss, Chicago, IL (US);
David Salvadori, Bartlett, IL (US);
Scott Johnston, Oak Park, IL (US);
John Falck, Chicago, IL (US);
Charlie Troxel, Jr., Naperville, IL (US);
James Farrell, Carol Stream, IL (US);
Arjuna Ariathurai, Chicago, IL (US);
Agnes Shanthi Thiruthuvadoss, Chicago, IL (US);
David Salvadori, Bartlett, IL (US);
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Abstract
Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade.