Patents by Inventor James Boudreault

James Boudreault 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).

  • Patent number: 8527393
    Abstract: The disclosed embodiments relate to determining a listing date, an expiration date and the cash settlement price of a futures contract, i.e. a Treasury Futures, for the delivery of the most recently issued, referred to as an on-the-run, US treasury Note of a particular maturity by reference to the U.S. Treasury Auction cycle and the difference between a resultant industry surveyed swap rate and a resultant industry surveyed swap spread of the respective tenors (time remaining until maturity) of the on-the-run treasury futures.
    Type: Grant
    Filed: July 14, 2011
    Date of Patent: September 3, 2013
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: James Boudreault, John Wiley, Frederick Sturm, Jonathan Kronstein, Suzanne Spain, Peter Barker
  • Publication number: 20130179319
    Abstract: The disclosed embodiments relate to an exchange-traded futures contract, guaranteed by a clearing house, and characterized by an embedded price dynamic comprising a compound accrual of a periodic interest rate up to a date on which trading therein is terminated, as specified in the futures contract terms and conditions. A trader may be allowed and/or enabled to take a position in a futures contract with respect to an interest bearing underlier with a variable interest rate and, thereby, minimize the number of transactions and attendant costs with respect to monitoring and correcting for divergences between the futures position and the notional interest rate swap exposure for which the futures position is intended to serve as a proxy. Variation margin for the position is computed based on an underlying reference interest rate as opposed to being computed solely on the basis of the end-of-business day price of the futures contract.
    Type: Application
    Filed: January 11, 2012
    Publication date: July 11, 2013
    Inventors: Peter Barker, James Boudreault, Daniel Grombacher, Michael P. Kamradt, Frederick Sturm, John Labuszewski
  • Publication number: 20130117172
    Abstract: The disclosed system makes available multiple interest rate futures contracts (“IRFC”) for a given set of interest rate securities, such as US Treasury Notes, which may be used to satisfy the delivery obligation. The terms on which the delivery obligation of each such IRFC are met are governed by an associated conversion factor yield (“CFY”) value which is associated, in turn, with a corresponding set of conversion factors (“CF”), each of which corresponds to one member of the set of securities eligible for delivery, and which may be used at the time of delivery of such eligible interest rate security, to determine the delivery invoice price. Offering different CFY's and corresponding CF's may enable a market participant who seeks to use such futures to acquire or shed financial risk exposure to select from such array of futures contracts the member contract that most closely mirror the participant's intended risk profile.
    Type: Application
    Filed: November 8, 2011
    Publication date: May 9, 2013
    Inventors: Daniel Grombacher, James Boudreault, Frederick Sturm, John Labuszewski
  • Patent number: 8407129
    Abstract: The disclosed embodiments relate to determining a listing date, an expiration date and the cash settlement price of a futures contract, i.e. a Treasury Futures, for the delivery of the most recently issued, referred to as an on-the-run, US treasury Note of a particular maturity by reference to the U.S. Treasury Auction cycle and the difference between a resultant industry surveyed swap rate and a resultant industry surveyed swap spread of the respective tenors (time remaining until maturity) of the on-the-run treasury futures.
    Type: Grant
    Filed: July 12, 2011
    Date of Patent: March 26, 2013
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Frederick Sturm, James Boudreault, Daniel Grombacher, Julie Winkler
  • Publication number: 20130018769
    Abstract: The disclosed embodiments relate to determining a listing date, an expiration date and the cash settlement price of a futures contract, i.e. a Treasury Futures, for the delivery of the most recently issued, referred to as an on-the-run, US treasury Note of a particular maturity by reference to the U.S. Treasury Auction cycle and the difference between a resultant industry surveyed swap rate and a resultant industry surveyed swap spread of the respective tenors (time remaining until maturity) of the on-the-run treasury futures.
    Type: Application
    Filed: July 14, 2011
    Publication date: January 17, 2013
    Inventors: James Boudreault, John Wiley, Frederick Sturm, Jonathan Kronstein, Suzanne Spain, Peter Barker
  • Publication number: 20130018768
    Abstract: The disclosed embodiments relate to determining a listing date, an expiration date and the cash settlement price of a futures contract, i.e. a Treasury Futures, for the delivery of the most recently issued, referred to as an on-the-run, US treasury Note of a particular maturity by reference to the U.S. Treasury Auction cycle and the difference between a resultant industry surveyed swap rate and a resultant industry surveyed swap spread of the respective tenors (time remaining until maturity) of the on-the-run treasury futures.
    Type: Application
    Filed: July 12, 2011
    Publication date: January 17, 2013
    Inventors: Frederick Sturm, James Boudreault, Daniel Grombacher, Julie Winkler
  • Publication number: 20120150715
    Abstract: A computer implemented method for determining a margin requirement for a market participant includes maintaining, by a processor associated with an exchange, an exchange account reflecting an exchange position resulting from a trade executed on the exchange for a product available via the exchange, the exchange account being maintained separately from a custodian bank account associated with a custodian bank, the custodian bank account reflecting a repo position resulting from a repo transaction facilitated by the custodian bank between the market participant and a counterparty to the repo transaction. The method further includes receiving data reflective of the repo position via a communication interface between the exchange account and the custodian bank account, and determining the margin requirement for the market participant based on the received data and the exchange position.
    Type: Application
    Filed: December 9, 2011
    Publication date: June 14, 2012
    Inventors: James Boudreault, Jonathan Kronstein, Frederick Sturm, Tim Elliott, Tim Doar
  • Patent number: 5554421
    Abstract: A spacer for use in connecting the edges of two or more panes of insulating glass, panel walls or the like. The spacer is extruded as one material and is formed with retaining lips (external and internal). The present invention improves actual window systems by having an innovative shape of material providing a precise thickness, a new technique of spacer frame preparation, novel external lips to increase the strength of assembly and being capable of being utilized in most of todays multi-pane glazing assemblies. The body of the spacer is made of Polyvinyl chloride(PVC) with an appropriate mineral type filler providing better insulation, ease of production techniques and low cost of production. Together these innovations provide exceptional insulation, adhesion characteristics and weather resistance when utilized with proper sealant and desiccant material.
    Type: Grant
    Filed: June 7, 1995
    Date of Patent: September 10, 1996
    Inventors: France Delisle, James Boudreault
  • Patent number: 5496598
    Abstract: A spacer for use in connecting the edges of two or more panes of insulating glass, panel walls or the like. The spacer is extruded as one material and is formed with retaining lips (external and internal). The present invention improves actual window systems by having an innovative shape of material providing a precise thickness, a new technique of spacer frame preparation, novel external lips to increase the strength of assembly and being capable of being utilized in most of todays multi-pane glazing assemblies. The body of the spacer is made of Polyvinyl chloride(PVC) with an appropriate mineral type filler providing better insulation, ease of production techniques and low cost of production. Together these innovations provide exceptional insulation, adhesion characteristics and weather resistance when utilized with proper sealant and desiccant material.
    Type: Grant
    Filed: December 2, 1993
    Date of Patent: March 5, 1996
    Inventors: France Delisle, James Boudreault