Patents by Inventor Josef Saniga

Josef Saniga 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).

  • METHOD AND SYSTEM FOR STANDARDIZING BILATERALLY-NEGOTIATED DERIVATIVE POSITIONS
    Publication number: 20100223175
    Abstract: A method of converting a portfolio of non-standard credit default swap (CDS) trades standardized CDS trades. The method includes receiving electronically multiple non-standard CDS trades. Each of the multiple non-standard CDS trades includes at least an initial notional amount and an initial coupon rate. The method further includes converting each of the multiple non-standard CDS trades into two standardized CDS trades. The two standardized CDS trades include a first standardized CDS trade at a first coupon rate of 100 basis points (bps) and a second standardized CDS trade at a second coupon rate of 500 bps.
    Type: Application
    Filed: October 29, 2009
    Publication date: September 2, 2010
    Applicant: KCG IP HOLDINGS LLC
    Inventors: Tom Miglis, Josef Saniga, Puneet Jain