Patents by Inventor Konstantin Zalutsky

Konstantin Zalutsky 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).

  • Fair value model based system, method, and computer program product for valuing foreign-based securities in a mutual fund
    Patent number: 8725619
    Abstract: A system for determining fair value prices of financial securities of international markets includes selecting a universe of securities of a particular international market, computing overnight returns of each security in the selected universe over a predetermined past period of time, selecting at least one return factor of a domestic financial market from a plurality of return factors, computing, for each selected return factor, the return factor's daily return over said predetermined past period of time, calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return, and producing each calculated return factor coefficient in a data stream.
    Type: Grant
    Filed: March 15, 2013
    Date of Patent: May 13, 2014
    Assignee: ITG Software Solutions, Inc.
    Inventors: Ananth Madhavan, Jian Yang, Leonid Zosin, Konstantin Zalutsky, Artem Asriev, Gabriel Butler
  • Fair value model based system, method, and computer program product for valuing foreign-based securities in a mutual fund
    Patent number: 8407127
    Abstract: A system for determining fair value prices of financial securities of international markets includes selecting a universe of securities of a particular international market, computing overnight returns of each security in the selected universe over a predetermined past period of time, selecting at least one return factor of a domestic financial market from a plurality of return factors, computing, for each selected return factor, the return factor's daily return over said predetermined past period of time, calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return, and producing each calculated return factor coefficient in a data stream.
    Type: Grant
    Filed: June 12, 2012
    Date of Patent: March 26, 2013
    Assignee: ITG Software Solutions, Inc.
    Inventors: Ananth Madhavan, Jian Yang, Leonid Zosin, Konstantin Zalutsky, Artem Asriev, Gabriel Butler
  • Fair value model based system, method, and computer program product for valuing foreign-based securities in a mutual fund
    Patent number: 7533048
    Abstract: A method for determining fair value prices of financial securities of international markets includes the steps of selecting a universe of securities of a particular international market; computing overnight returns of each security in the selected universe over a predetermined past period of time; selecting at least one return factor of a domestic financial market from a plurality of return factors; computing, for each selected return factor, the return factor's daily return over said predetermined past period of time; calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return; and storing each calculated return factor coefficient in a data file; wherein the stored return factor coefficients can be used in conjunction with current return factor daily return values to predict current overnight returns for all securities in
    Type: Grant
    Filed: April 3, 2003
    Date of Patent: May 12, 2009
    Assignee: ITG Software Solutions, Inc.
    Inventors: Ananth Madhavan, Jian Yang, Leonid Zosin, Konstantin Zalutsky, Artem Asriev, Gabriel Butler
  • Fair value model based system, method, and computer program product for valuing foreign-based securities in a mutual fund
    Publication number: 20040210502
    Abstract: A method for determining fair value prices of financial securities of international markets includes the steps of selecting a universe of securities of a particular international market; computing overnight returns of each security in the selected universe over a predetermined past period of time; selecting at least one return factor of a domestic financial market from a plurality of return factors; computing, for each selected return factor, the return factor's daily return over said predetermined past period of time; calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return; and storing each calculated return factor coefficient in a data file; wherein the stored return factor coefficients can be used in conjunction with current return factor daily return values to predict current overnight returns for all securities in
    Type: Application
    Filed: April 3, 2003
    Publication date: October 21, 2004
    Inventors: Ananth Madhavan, Jian Yang, Leonid Zosin, Konstantin Zalutsky, Artem Asriev, Gabriel Butler