Patents by Inventor Lori Aldinger
Lori Aldinger 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).
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Patent number: 8762247Abstract: Methods and systems for calculating values for indexes based on breakout currencies are provided. A prospective breakout index may be formed before an entity breaks out of a monetary union. Other aspects relate to calculating an initial index value on a breakout date. An initial exchange rate of the breakout currency may be combined with a breakout value and/or a base value. In one embodiment, the breakout value is the reciprocal of the initial exchange rate. Therefore, in accordance with certain embodiments, the initial index value of the breakout index may be equal to the base value. Further aspects relate to calculating a second index value. A second exchange rate of the breakout currency may be utilized with the fixed base value and the breakout value to calculate the second index value of the breakout index. Further aspects relate to creating a prospective currency unit for a monetary union.Type: GrantFiled: March 18, 2013Date of Patent: June 24, 2014Assignee: Chicago Mercantile Exchange Inc.Inventors: Steve Youngren, Lori Aldinger, Richard Co, Derek Sammann, John Labuszewski
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Patent number: 8751353Abstract: Methods and systems for calculating values for indexes based on breakout currencies are provided. A prospective breakout index may be formed before an entity breaks out of a monetary union. Other aspects relate to calculating an initial index value on a breakout date. An initial exchange rate of the breakout currency may be combined with a breakout value and/or a base value. In one embodiment, the breakout value is the reciprocal of the initial exchange rate. Therefore, in accordance with certain embodiments, the initial index value of the breakout index may be equal to the base value. Further aspects relate to calculating a second index value. A second exchange rate of the breakout currency may be utilized with the fixed base value and the breakout value to calculate the second index value of the breakout index. Further aspects relate to creating a prospective currency unit for a monetary union.Type: GrantFiled: October 21, 2010Date of Patent: June 10, 2014Assignee: Chicago Mercantile Exchange Inc.Inventors: Richard Co, Steve Youngren, Lori Aldinger, John Labuszewski
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Patent number: 8606687Abstract: A type of multi-laterally traded contract may designate a primary currency and a secondary currency. The primary currency may be used for settlement and/or other payment obligations in connection with instances of the contract type. Under certain conditions, however, authorization may be given for settlement and/or payment of at least some obligations using an equivalent amount of the secondary currency.Type: GrantFiled: July 21, 2011Date of Patent: December 10, 2013Assignee: Chicago Mercantile Exchange, Inc.Inventors: Richard Co, Steven Youngren, Lori Aldinger, John Labuszewski
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Patent number: 8473402Abstract: Systems and methods that provide for a perpetual futures/derivatives contract with periodic reckoning are disclosed. An embodiment may include a method of receiving a new perpetual contract and managing that contract through to its termination. The perpetual futures contract may comprise an option to terminate the contract at recurring predetermined intervals. The exchange may allow or prohibit exercise of the option based on particular parameters.Type: GrantFiled: April 14, 2011Date of Patent: June 25, 2013Assignee: Chicago Mercantile Exchange Inc.Inventors: Steven A. Youngren, Lori Aldinger, John Nyhoff, John Labuszewski
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Patent number: 8407126Abstract: Methods and systems for calculating values for indexes based on breakout currencies are provided. A prospective breakout index may be formed before an entity breaks out of a monetary union. Other aspects relate to calculating an initial index value on a breakout date. An initial exchange rate of the breakout currency may be combined with a breakout value and/or a base value. In one embodiment, the breakout value is the reciprocal of the initial exchange rate. Therefore, in accordance with certain embodiments, the initial index value of the breakout index may be equal to the base value. Further aspects relate to calculating a second index value. A second exchange rate of the breakout currency may be utilized with the fixed base value and the breakout value to calculate the second index value of the breakout index. Further aspects relate to creating a prospective currency unit for a monetary union.Type: GrantFiled: October 21, 2010Date of Patent: March 26, 2013Assignee: Chicago Mercantile Exhange, Inc.Inventors: Steve Youngren, Lori Aldinger, Richard Co, Derek Sammann, John Labuszewski
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Publication number: 20130024345Abstract: In the context of multi-laterally traded contracts, a method may be invoked in the event that payments denominated in a particular currency that are required in satisfaction of the contractual obligations of the contract cannot be made. Payments may be deferred for a specified number of business days or until such time as commercially practicable. Unpaid payments due may accrue interest and/or penalties at rates as determined by a governing body.Type: ApplicationFiled: July 21, 2011Publication date: January 24, 2013Applicant: CHICAGO MERCANTILE EXCHANGE INC.Inventors: Richard Co, Steven A. Youngren, Lori Aldinger, John Labuszewski
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Publication number: 20130024347Abstract: Stored data may define a multilaterally-traded contract type and specify final settlement of contracts conforming to the contract type by delivery of a defined quantity of a commodity. Additional data may be received, which additional data may indicate potential invocation of an alternate cash settlement mode for a plurality of contracts. Each contract of the plurality may be a contract conforming to the contract type. Further data may be received, with the further data indicating the alternate cash settlement mode is invoked for a group of contracts. The group may be all of the contracts of the plurality or a sub-portion of the plurality. Data may be transmitted to indicate cash final settlement of each contract of the group by payment of a cash settlement value instead of by delivery of the defined quantity of the commodity.Type: ApplicationFiled: October 31, 2011Publication date: January 24, 2013Applicant: CHICAGO MERCANTILE EXCHANGE INC.Inventors: John Nyhoff, Lori Aldinger, John Labuszewski, Steven Youngren
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Publication number: 20130024346Abstract: A type of multi-laterally traded contract may designate a primary currency and a secondary currency. The primary currency may be used for settlement and/or other payment obligations in connection with instances of the contract type. Under certain conditions, however, authorization may be given for settlement and/or payment of at least some obligations using an equivalent amount of the secondary currency.Type: ApplicationFiled: July 21, 2011Publication date: January 24, 2013Applicant: CHICAGO MERCANTILE EXCHANGE INC.Inventors: Richard Co, Steven Youngren, Lori Aldinger, John Labuszewski
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Publication number: 20120265663Abstract: Systems and methods that provide for a perpetual futures/derivatives contract with periodic reckoning are disclosed. An embodiment may include a method of receiving a new perpetual contract and managing that contract through to its termination. The perpetual futures contract may comprise an option to terminate the contract at recurring predetermined intervals. The exchange may allow or prohibit exercise of the option based on particular parameters.Type: ApplicationFiled: April 14, 2011Publication date: October 18, 2012Applicant: CHICAGO MERCANTILE EXCHANGE INC.Inventors: Steven A. Youngren, Lori Aldinger, John Nyhoff, John W. Labuszewski
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Publication number: 20120101957Abstract: Methods and systems for calculating values for indexes based on breakout currencies are provided. A prospective breakout index may be formed before an entity breaks out of a monetary union. Other aspects relate to calculating an initial index value on a breakout date. An initial exchange rate of the breakout currency may be combined with a breakout value and/or a base value. In one embodiment, the breakout value is the reciprocal of the initial exchange rate. Therefore, in accordance with certain embodiments, the initial index value of the breakout index may be equal to the base value. Further aspects relate to calculating a second index value. A second exchange rate of the breakout currency may be utilized with the fixed base value and the breakout value to calculate the second index value of the breakout index. Further aspects relate to creating a prospective currency unit for a monetary union.Type: ApplicationFiled: October 21, 2010Publication date: April 26, 2012Applicant: CHICAGO MERCANTILE EXCHANGE INC.Inventors: Steve Youngren, Lori Aldinger, Richard Co, Derek Sammann, John Labuszewski
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Publication number: 20120101958Abstract: Methods and systems for calculating values for indexes based on breakout currencies are provided. A prospective breakout index may be formed before an entity breaks out of a monetary union. Other aspects relate to calculating an initial index value on a breakout date. An initial exchange rate of the breakout currency may be combined with a breakout value and/or a base value. In one embodiment, the breakout value is the reciprocal of the initial exchange rate. Therefore, in accordance with certain embodiments, the initial index value of the breakout index may be equal to the base value. Further aspects relate to calculating a second index value. A second exchange rate of the breakout currency may be utilized with the fixed base value and the breakout value to calculate the second index value of the breakout index. Further aspects relate to creating a prospective currency unit for a monetary union.Type: ApplicationFiled: October 21, 2010Publication date: April 26, 2012Applicant: CHICAGO MERCANTILE EXCHANGE INC.Inventors: Richard Co, Steve Youngren, Lori Aldinger, John Labuszewski