Patents by Inventor Joseph E. Hawrysz

Joseph E. Hawrysz 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).

  • System and Method for Making Positions Held by a Trader Fungible
    Publication number: 20140195409
    Abstract: Positions held by a trader are made fungible by selecting a first position in a first futures contract that is deliverable and selecting a second position in a second futures contract, wherein the first and second futures contracts are traded in a first and second market, respectively. Offsetting the first and the second positions eliminates a delivery obligation of the trader.
    Type: Application
    Filed: March 11, 2014
    Publication date: July 10, 2014
    Applicant: Chicago Mercantile Exchange Inc.
    Inventor: Joseph E. Hawrysz
  • System and method for making positions held by a trader fungible
    Patent number: 8706603
    Abstract: Positions held by a trader are made fungible by selecting a first position in a first futures contract that is deliverable and selecting a second position in a second futures contract, wherein the first and second futures contracts are traded in a first and second market, respectively. Offsetting the first and the second positions eliminates a delivery obligation of the trader.
    Type: Grant
    Filed: June 17, 2013
    Date of Patent: April 22, 2014
    Assignee: Chicago Mercantile Exchange Inc.
    Inventor: Joseph E. Hawrysz
  • SYSTEM AND METHOD FOR SETTLING TRADES
    Publication number: 20130332332
    Abstract: A method of settling trades includes the steps of obtaining an authenticated delivery instrument, wherein the authenticated delivery instrument is authenticated by a first exchange and may be used to settle a trade undertaken on the first exchange. An electronic proxy is issued for the delivery instrument, wherein the electronic proxy may be exchanged for the authenticated delivery instrument and where the electronic proxy is used to settle a trade undertaken on a second exchange.
    Type: Application
    Filed: August 14, 2013
    Publication date: December 12, 2013
    Applicant: CHICAGO MERCANTILE EXCHANGE INC.
    Inventor: Joseph E. Hawrysz
  • System and Method for Making Positions Held by a Trader Fungible
    Publication number: 20130290160
    Abstract: Positions held by a trader are made fungible by selecting a first position in a first futures contract that is deliverable and selecting a second position in a second futures contract, wherein the first and second futures contracts are traded in a first and second market, respectively. Offsetting the first and the second positions eliminates a delivery obligation of the trader.
    Type: Application
    Filed: June 17, 2013
    Publication date: October 31, 2013
    Inventor: Joseph E. Hawrysz
  • System and method for settling trades
    Patent number: 8538853
    Abstract: A method of settling trades includes the steps of obtaining an authenticated delivery instrument, wherein the authenticated delivery instrument is authenticated by a first exchange and may be used to settle a trade undertaken on the first exchange. An electronic proxy is issued for the delivery instrument, wherein the electronic proxy may be exchanged for the authenticated delivery instrument and where the electronic proxy is used to settle a trade undertaken on a second exchange.
    Type: Grant
    Filed: January 8, 2013
    Date of Patent: September 17, 2013
    Assignee: Chicago Mercantile Exchange Inc.
    Inventor: Joseph E. Hawrysz
  • System and method for making positions held by a trader fungible
    Patent number: 8489486
    Abstract: Positions held by a trader are made fungible by selecting a first position in a first futures contract that is deliverable and selecting a second position in a second futures contract, wherein the first and second futures contracts are traded in a first and second market, respectively. Offsetting the first and the second positions eliminates a delivery obligation of the trader.
    Type: Grant
    Filed: March 24, 2010
    Date of Patent: July 16, 2013
    Assignee: Chicago Mercantile Exchange Inc.
    Inventor: Joseph E. Hawrysz
  • System and method for settling trades
    Patent number: 8370246
    Abstract: A method of settling trades includes the steps of obtaining an authenticated delivery instrument, wherein the authenticated delivery instrument is authenticated by a first exchange and may be used to settle a trade undertaken on the first exchange. An electronic proxy is issued for the delivery instrument, wherein the electronic proxy may be exchanged for the authenticated delivery instrument and where the electronic proxy is used to settle a trade undertaken on a second exchange.
    Type: Grant
    Filed: November 17, 2011
    Date of Patent: February 5, 2013
    Assignee: Chicago Mercantile Exchange Inc.
    Inventor: Joseph E. Hawrysz
  • System and Method for Settling Trades
    Publication number: 20120066111
    Abstract: A method of settling trades includes the steps of obtaining an authenticated delivery instrument, wherein the authenticated delivery instrument is authenticated by a first exchange and may be used to settle a trade undertaken on the first exchange. An electronic proxy is issued for the delivery instrument, wherein the electronic proxy may be exchanged for the authenticated delivery instrument and where the electronic proxy is used to settle a trade undertaken on a second exchange.
    Type: Application
    Filed: November 17, 2011
    Publication date: March 15, 2012
    Inventor: Joseph E. Hawrysz
  • System and method for settling trades
    Patent number: 8086515
    Abstract: A method of settling trades includes the steps of obtaining an authenticated delivery instrument, wherein the authenticated delivery instrument is authenticated by a first exchange and may be used to settle a trade undertaken on the first exchange. An electronic proxy is issued for the delivery instrument, wherein the electronic proxy may be exchanged for the authenticated delivery instrument and where the electronic proxy is used to settle a trade undertaken on a second exchange.
    Type: Grant
    Filed: April 7, 2010
    Date of Patent: December 27, 2011
    Assignee: Board of Trade of the City of Chicago, Inc.
    Inventor: Joseph E. Hawrysz
  • System and Method for Settling Trades
    Publication number: 20100198717
    Abstract: A method of settling trades includes the steps of obtaining an authenticated delivery instrument, wherein the authenticated delivery instrument is authenticated by a first exchange and may be used to settle a trade undertaken on the first exchange. An electronic proxy is issued for the delivery instrument, wherein the electronic proxy may be exchanged for the authenticated delivery instrument and where the electronic proxy is used to settle a trade undertaken on a second exchange.
    Type: Application
    Filed: April 7, 2010
    Publication date: August 5, 2010
    Inventor: Joseph E. Hawrysz
  • SYSTEM AND METHOD FOR MAKING POSITIONS HELD BY A TRADER FUNGIBLE
    Publication number: 20100179925
    Abstract: Positions held by a trader are made fungible by selecting a first position in a first futures contract that is deliverable and selecting a second position in a second futures contract, wherein the first and second futures contracts are traded in a first and second market, respectively. Offsetting the first and the second positions eliminates a delivery obligation of the trader.
    Type: Application
    Filed: March 24, 2010
    Publication date: July 15, 2010
    Inventor: Joseph E. Hawrysz
  • System and method for settling trades
    Patent number: 7725379
    Abstract: A method of settling trades includes the steps of obtaining an authenticated delivery instrument, wherein the authenticated delivery instrument is authenticated by a first exchange and may be used to settle a trade undertaken on the first exchange. An electronic proxy is issued for the delivery instrument, wherein the electronic proxy may be exchanged for the authenticated delivery instrument and where the electronic proxy is used to settle a trade undertaken on a second exchange.
    Type: Grant
    Filed: July 16, 2007
    Date of Patent: May 25, 2010
    Assignee: Board of Trade of the City of Chicago, Inc.
    Inventor: Joseph E. Hawrysz
  • System and method for making positions held by a trader fungible
    Patent number: 7716117
    Abstract: Positions held by a trader are made fungible by selecting a first position in a first futures contract that is deliverable and selecting a second position in a second futures contract, wherein the first and second futures contracts are traded in a first and second market, respectively. Offsetting the first and the second positions eliminates a delivery obligation of the trader.
    Type: Grant
    Filed: November 10, 2006
    Date of Patent: May 11, 2010
    Assignee: Board of Trade of the City of Chicago
    Inventor: Joseph E. Hawrysz
  • System and method for settling trades
    Publication number: 20090024509
    Abstract: A method of settling trades includes the steps of obtaining an authenticated delivery instrument, wherein the authenticated delivery instrument is authenticated by a first exchange and may be used to settle a trade undertaken on the first exchange. An electronic proxy is issued for the delivery instrument, wherein the electronic proxy may be exchanged for the authenticated delivery instrument and where the electronic proxy is used to settle a trade undertaken on a second exchange.
    Type: Application
    Filed: July 16, 2007
    Publication date: January 22, 2009
    Inventor: Joseph E. Hawrysz
  • System and method for making positions held by a trader fungible
    Publication number: 20080114702
    Abstract: Positions held by a trader are made fungible by selecting a first position in a first futures contract that is deliverable and selecting a second position in a second futures contract, wherein the first and second futures contracts are traded in a first and second market, respectively. Offsetting the first and the second positions eliminates a delivery obligation of the trader.
    Type: Application
    Filed: November 10, 2006
    Publication date: May 15, 2008
    Inventor: Joseph E. Hawrysz