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.

Date of Patent:
Oct. 29, 2013

Filed:

Dec. 14, 2009
Applicants:

Kevin Fallon, Salem, WI (US);

Nicholas Bellios, Evanston, IL (US);

Ketan Patel, Hanover Park, IL (US);

Scimeca Giuseppe, Chicago, IL (US);

Inventors:

Kevin Fallon, Salem, WI (US);

Nicholas Bellios, Evanston, IL (US);

Ketan Patel, Hanover Park, IL (US);

Scimeca Giuseppe, Chicago, IL (US);

Assignee:

Chicago Mercantile Exchange, Chicago, IL (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2012.01);
U.S. Cl.
CPC ...
Abstract

Methods, systems and apparatuses are described for determining that a credit event has occurred for an entity; determining an upfront price and a bond price for a credit default swap deliverable (CDSD) contract associated with the entity; determining a first weighting for the upfront price and a second weighting for the bond price; and calculating a settlement price for the CDSD contract that is a function of the first weighting, the second weighting, the upfront price, and the bond price.


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