Patents by Inventor Peter Axilrod

Peter Axilrod has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Methods and systems for netting of payments and collateral
    Patent number: 8468087
    Abstract: The present invention generally provides for systems and methods for netting payments and collateral. Generally, systems and methods of the present invention maximize market liquidity and minimize financial risk and collateral burdens of participants.
    Type: Grant
    Filed: January 12, 2010
    Date of Patent: June 18, 2013
    Assignee: Depository Trust & Clearing Corporation
    Inventor: Peter Axilrod
  • DATA STORAGE AND PROCESSOR FOR STORING AND PROCESSING DATA ASSOCIATED WITH DERIVATIVE CONTRACTS AND TRADES RELATED TO DERIVATIVE CONTRACTS
    Publication number: 20110184847
    Abstract: The description generally describes systems and methods for managing derivative contracts. The system maintains derivative contract states using a set of rules to ensure subsequent post-trade events are applied in the correct order, and without jeopardizing the integrity of the underlying derivative contract. Data about derivative contracts maintained in other environments can be back-loaded into the system to allow all of a user's contracts to be contained within the system, and data associated with the back-loaded contracts can be governed in the same fashion as existing derivative contracts. Payment processing and settlement can be handled automatically by the system. If a derivative contract in the system has an uncertain state, payment processing on the derivative contract can be initiated by either trading counterparty using payment processing logic.
    Type: Application
    Filed: May 8, 2007
    Publication date: July 28, 2011
    Inventors: Peter Axilrod, Frank DeMaria, Robert Green, Bill Hodgsou, Christopher J. Henshaw, Gary Komar, David Halliden, Brian Turkfeld, Lawrence Waller, Jeffrey Gooch, Tim A. Smith, Stewart MacBeth, Ben MacDonald
  • Methods and systems for netting of payments and collateral
    Publication number: 20100205088
    Abstract: The present invention generally provides for systems and methods for netting payments and collateral. Generally, systems and methods of the present invention maximize market liquidity and minimize financial risk and collateral burdens of participants.
    Type: Application
    Filed: January 12, 2010
    Publication date: August 12, 2010
    Applicant: Depository Trust and Clearing Corp.
    Inventor: Peter Axilrod
  • Methods and systems for netting of payments and collateral
    Patent number: 7650309
    Abstract: The present invention generally provides for systems and methods for netting payments and collateral. Generally, systems and methods of the present invention maximize market liquidity and minimize financial risk and collateral burdens of participants.
    Type: Grant
    Filed: October 28, 2005
    Date of Patent: January 19, 2010
    Assignee: The Depository Trust and Clearing Corporation
    Inventor: Peter Axilrod
  • Data Storage and Processor for Storing and Processing Data Associated with Derivative Contracts and Trades Related to Derivative Contracts
    Publication number: 20090281932
    Abstract: The description generally describes systems and methods for managing derivative contracts. The system maintains derivative contract states using a set of rules to ensure subsequent post-trade events are applied in the correct order, and without jeopardizing the integrity of the underlying derivative contract. Data about derivative contracts maintained in other environments can be back-loaded into the system to allow all of a user's contracts to be contained within the system, and data associated with the back-loaded contracts can be governed in the same fashion as existing derivative contracts. Payment processing and settlement can be handled automatically by the system. If a derivative contract in the system has an uncertain state, payment processing on the derivative contract can be initiated by either trading counterparty using payment processing logic.
    Type: Application
    Filed: November 10, 2008
    Publication date: November 12, 2009
    Inventors: Peter Axilrod, Frank DeMaria, Robert Green, Christopher J. Henshaw, Bill Hodgson, Gary Komar, David Halliden, Brian Turkfeld, Lawrence Waller, Jeffrey Gooch, Tim A. Smith, Stewart MacBeth
  • Data Storage and Processor for Storing and Processing Data Associated with Derivative Contracts and Trades Related to Derivative Contracts
    Publication number: 20090281931
    Abstract: The description generally describes systems and methods for managing derivative contracts. The system maintains derivative contract states using a set of rules to ensure subsequent post-trade events are applied in the correct order, and without jeopardizing the integrity of the underlying derivative contract. Data about derivative contracts maintained in other environments can be back-loaded into the system to allow all of a user's contracts to be contained within the system, and data associated with the back-loaded contracts can be governed in the same fashion as existing derivative contracts. Payment processing and settlement can be handled automatically by the system. If a derivative contract in the system has an uncertain state, payment processing on the derivative contract can be initiated by either trading counterparty using payment processing logic.
    Type: Application
    Filed: November 10, 2008
    Publication date: November 12, 2009
    Inventors: Peter Axilrod, Frank DeMaria, Robert Green, Christopher J. Henshaw, Bill Hodgson, Gary Komar, David Halliden, Brian Turkfeld, Lawrence Waller, Jeffrey Gooch, Tim A. Smith, Stewart MacBeth
  • Methods and systems for netting of payments and collateral
    Publication number: 20060242061
    Abstract: The present invention generally provides for systems and methods for netting payments and collateral. Generally, systems and methods of the present invention maximize market liquidity and minimize financial risk and collateral burdens of participants.
    Type: Application
    Filed: October 28, 2005
    Publication date: October 26, 2006
    Inventor: Peter Axilrod