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:
Sep. 30, 2014
Filed:
Apr. 20, 2012
John Nyhoff, Darien, IL (US);
Frederick Sturm, Chicago, IL (US);
Michael Kamradt, Flossmoor, IL (US);
John Labuszewski, Westmont, IL (US);
John Nyhoff, Darien, IL (US);
Frederick Sturm, Chicago, IL (US);
Michael Kamradt, Flossmoor, IL (US);
John Labuszewski, Westmont, IL (US);
Chicago Mercantile Exchange, Inc., Chicago, IL (US);
Abstract
An exchange computer system creates, trades and/or otherwise manages basis derivative contracts. At maturity, a basis derivative contract may have two components. A first component may require a party to the basis derivative contract to make or take some type of delivery related to a particular subject matter. A second component may require the basis derivative contractee to accept a further obligation under one or more derivative contracts related to the subject matter.