Patents Assigned to The Clear Corporation
  • Publication number: 20140040097
    Abstract: A method for processing a trade, the method includes a computer generating a firm trade between two clearing participants. The method further includes transmitting the firm trade enrichment request to the clearing participants, and receiving enriched firm trade in response. The method further includes processing the firm trade as a cleared trade using the received enriched firm trade data. The method further includes submitting the firm trade to a trade reporting repository.
    Type: Application
    Filed: July 29, 2013
    Publication date: February 6, 2014
    Applicant: The Clearing Corporation
    Inventors: Benjamin Lis, Francois Lepart
  • Patent number: 7376614
    Abstract: A system for an electronic-based market is disclosed. The system operates with a model where a trader is designated to enter orders for contracts on behalf of a subscriber. The model uses assets of the subscriber that are placed into an account that is accessible by the electronic market to cover risks associated with trades initiated by the trader. The system includes a plurality of client stations for entering orders into the electronic market by traders and a server to receive the orders and match the orders in accordance with matching criteria. The server maintains for the subscriber and the subscriber's associated traders a trading account that is accessible by the electronic market. The server also includes offsetting, clearing, default, and margin protocols functions to administer the market. The market uses species contracts that are derived from a contract genus.
    Type: Grant
    Filed: September 22, 2000
    Date of Patent: May 20, 2008
    Assignee: The Clearing Corporation
    Inventors: Larry Scheinberg, David Scheinberg
  • Publication number: 20060206423
    Abstract: Shown is a system for generating and managing of electronic warehouse receipts, where each receipt represents a right to delivery of a predetermined amount of a commodity from an undifferentiated bulk of the commodity. At the request of a buying party to a transaction, the system generates an electronic warehouse receipt from the transaction. The receipt is maintained in an account in a database, where the account corresponds to the buying party and where residence of the receipt in the account represents ownership of the receipt by the party owning the account. At the request of an account owner, the receipt may be transferred to an account corresponding to another party so that a trade of the commodity may be reflected in a change in ownership of the receipt. Each party may view the inventory of electronic warehouse receipts in its own account. Transfer of money may also be tied to transfer of the electronic warehouse receipt.
    Type: Application
    Filed: January 13, 2004
    Publication date: September 14, 2006
    Applicant: The Clearing Corporation
    Inventors: Donald Sternard, Richard Crilly, David Jonas, Eileen Haggerty
  • Publication number: 20050096931
    Abstract: A system for managing data regarding derivatives trades is configured to support the operations of a derivatives clearinghouse. The system may be implemented with a web server and a database server. The web server receives requests from client computers for information regarding trades that have been previously accepted by the clearinghouse and, in coordination with the database server, provides the information to the client computers.
    Type: Application
    Filed: March 19, 2004
    Publication date: May 5, 2005
    Applicant: The Clearing Corporation
    Inventors: Richard Baker, Brian Laird, Lance Klein, Matt Sweetnam, Brent Billows, Steven Karlovitz, John Compall, Diane Schuering, Marc MacQuarrie
  • Publication number: 20050091145
    Abstract: A method for managing data regarding executed derivatives trades is used to support the operations of a derivatives clearinghouse. The method may be implemented with a web server and a database server. The web server receives requests from client computers for information regarding derivatives trades that have been previously cleared by the clearinghouse and, in coordination with the database server, provides the information to the client computers.
    Type: Application
    Filed: March 19, 2004
    Publication date: April 28, 2005
    Applicant: The Clearing Corporation
    Inventors: Richard Baker, Brian Laird, Lance Klein, Matt Sweetnam, Brent Billows, Steven Karlovitz, John Compall, Diane Schuering, Marc MacQuarrie
  • Patent number: 4272934
    Abstract: A panel structure for use in blocking glass panes against the passage of heat and cold. In one form the structure comprises first and second rigid foam panel sections joined together by a flexible sheet. The ends of the panels are exposed underneath the sheet so that they may be trimmed to fit the glass pane. Releasable means is also provided for mounting the panel sections in blocking relationship to the glass pane.In another embodiment one of the rigid foam panel sections is provided with a tapered edge so that the section will fit behind the lock on a double hung window. In a further embodiment of the invention a plurality of u-shaped channels are placed around the periphery of the rigid foam sections to form framework. Releasable means may then be secured to the framework to hold the panel structure in blocking relationship to the glass pane.
    Type: Grant
    Filed: January 26, 1979
    Date of Patent: June 16, 1981
    Assignee: The Clear Corporation
    Inventors: Ernest A. Cowden, Leo E. Lauber
  • Patent number: 4126130
    Abstract: A protective device for an injured portion of the body is the subject of the present invention. An adhesive strip is provided with a pocket into which is placed a dry plaster material that may be activated upon submersion in water to present a hardenable material which may be conformed to the configuration of an injured portion of the body. The dry plaster material is in the form of one or more plaster splints comprising a loosely woven gauze cloth impregnated with the dry plaster ingredients. A sterile gauze pad covers the dry plaster material so as to preclude direct contact between the plaster and the injured portion of the body.
    Type: Grant
    Filed: April 15, 1977
    Date of Patent: November 21, 1978
    Assignee: The Clear Corporation
    Inventors: Ernest A. Cowden, Leo E. Lauber