Patents by Inventor Wansu Zhan

Wansu Zhan 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).

  • Publication number: 20240265449
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Application
    Filed: April 17, 2024
    Publication date: August 8, 2024
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Wansu Zhan, Dhiraj Bawadhankar
  • Patent number: 11989781
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Grant
    Filed: February 27, 2023
    Date of Patent: May 21, 2024
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Wansu Zhan, Dhiraj Bawadhankar
  • Publication number: 20230222583
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Application
    Filed: February 27, 2023
    Publication date: July 13, 2023
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Wansu Zhan, Dhiraj Bawadhankar
  • Patent number: 11625784
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Grant
    Filed: May 5, 2022
    Date of Patent: April 11, 2023
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Wansu Zhan, Dhiraj Bawadhankar
  • Publication number: 20220261910
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Application
    Filed: May 5, 2022
    Publication date: August 18, 2022
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Wansu Zhan, Dhiraj Bawadhankar
  • Patent number: 11379918
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Grant
    Filed: March 26, 2021
    Date of Patent: July 5, 2022
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Wansu Zhan, Dhiraj Bawadhankar
  • Publication number: 20210217086
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Application
    Filed: March 26, 2021
    Publication date: July 15, 2021
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Wansu Zhan, Dhiraj Bawadhankar
  • Patent number: 11004148
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Grant
    Filed: April 25, 2019
    Date of Patent: May 11, 2021
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Wansu Zhan, Dhiraj Bawadhankar
  • Publication number: 20190251634
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Application
    Filed: April 25, 2019
    Publication date: August 15, 2019
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Wansu Zhan, Dhiraj Bawadhankar
  • Patent number: 10319032
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Grant
    Filed: July 22, 2014
    Date of Patent: June 11, 2019
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Wansu Zhan, Dhiraj Bawadhankar
  • Publication number: 20150324914
    Abstract: Systems and methods for blending a plurality of swaps may include determining a fixed rate for use in blending a plurality of swaps, each of the plurality of swaps having matching economics and a different associated fixed rate. A computing device may determine a first remnant swap and a second remnant swap to blend the plurality of swaps using the determined fixed rates. This may reduce the gross notional and/or the total clearing line items associated with the original swaps. In some cases, the computing device may determine one single swap for blending the plurality of swaps.
    Type: Application
    Filed: July 22, 2014
    Publication date: November 12, 2015
    Inventors: Wansu Zhan, Dhiraj Bawadhankar