Patents Assigned to The Clearing Corporation
  • Patent number: 11934371
    Abstract: A data processing method includes: generating a service serial number for a target service according to a preset naming rule; obtaining service data of the target service; obtaining a target data table from a plurality of pre-configured data tables, according to the service serial number; and storing the service data to the target data table.
    Type: Grant
    Filed: May 13, 2019
    Date of Patent: March 19, 2024
    Assignee: NETSUNION CLEARING CORPORATION
    Inventors: Xiang Lu, Jianjiang Xu, Yantao Gao, Wenbin Nie, Qin Huang, Yu Yang, Qiang Zhang, Lei Fan, Chao Zuo
  • Patent number: 11841859
    Abstract: A method for operating a database includes receiving, from a user, data and an instruction to store the data in a key-value based database, determining a context of the data, selecting, according to the determined context, a data write routine, writing the data and its context to the database using the selected data write routine, and writing the data to a cache associated with the database. In addition, indexes may be created in the database and cache separate from the native indexes of the database and cache.
    Type: Grant
    Filed: January 28, 2022
    Date of Patent: December 12, 2023
    Assignee: Options Clearing Corporation
    Inventors: Apoorve Shrivastava, Srinivasa Somepalli, Ram Nagpure, Krishna C Palavarapu
  • Patent number: 11641350
    Abstract: An information processing system includes: a service system, a plurality of agent machines, and a plurality of encryption machines. The plurality of agent machines and the plurality of encryption machines are divided into a plurality of groups, and each group includes at least two encryption machines and a plurality of agent machines communicatively connected to the at least two encryption machines. The encryption machine is configured to encrypt and decrypt data from the service system and to perform signature verification on the data when the service system performs a security call on the encryption machine via the agent machine in the group containing the encryption machine. The service system is configured to perform service processing and to perform the security call on the encryption machine via the agent machine in the group containing the encryption machine.
    Type: Grant
    Filed: May 13, 2019
    Date of Patent: May 2, 2023
    Assignee: NETSUNION CLEARING CORPORATION
    Inventors: Zhizhang Teng, Tong Zhao, Cunjing Shen, Chaoqun Li
  • Publication number: 20140279368
    Abstract: A method and system for a GCF repo swap transaction includes generating an index using a limited set of GCF contracts, and using the index value as a value in a GCF repo swap. The index value may be used as a variable or floating value in the swap, or may be used at the fixed value in the swap.
    Type: Application
    Filed: March 17, 2014
    Publication date: September 18, 2014
    Applicant: The Depository Trust and Clearing Corporation (DTCC)
    Inventor: Gary Chan
  • 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: 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
  • 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
  • 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