Patents by Inventor Michelle Yip Chen

Michelle Yip Chen 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: 11481842
    Abstract: In various embodiments, methods and apparatuses for generating and operating a swaps execution facility (SEP) compliant swaps trading platform comprises (i) generating a swaps trading platform, where the generated swaps trading platform is configured to operate in accordance with a plurality of predefined rules associated with swaps execution facility (SEP) requirements; (ii) establishing one or more communication channels with respective one or more clearinghouses for transmission of clearinghouse information concerning one or more trade requests; and (iii) establishing one or more communication channels with respective one or more swaps data repository (SDR) providers for transmission of SDR information concerning the one or more trade requests.
    Type: Grant
    Filed: October 7, 2020
    Date of Patent: October 25, 2022
    Assignee: INTEGRAL DEVELOPMENT CORPORATION
    Inventors: Harpal Sandhu, Michelle Yip Chen, Vikas Srivastava
  • Patent number: 11443378
    Abstract: In various embodiments, methods and apparatuses for generating and operating a swaps execution facility (SEP) compliant swaps trading platform comprises (i) generating a swaps trading platform, where the generated swaps trading platform is configured to operate in accordance with a plurality of predefined rules associated with swaps execution facility (SEP) requirements; (ii) establishing one or more communication channels with respective one or more clearinghouses for transmission of clearinghouse information concerning one or more trade requests; and (iii) establishing one or more communication channels with respective one or more swaps data repository (SDR) providers for transmission of SDR information concerning the one or more trade requests.
    Type: Grant
    Filed: October 7, 2020
    Date of Patent: September 13, 2022
    Assignee: INTEGRAL DEVELOPMENT, INC.
    Inventors: Harpal Sandhu, Michelle Yip Chen, Vikas Srivastava
  • Patent number: 10915951
    Abstract: Methods and apparatuses for generating and operating a swaps execution facility (SEP) compliant swaps trading platform. A swaps trading platform is generated, where the generated swaps trading platform is configured to operate in accordance with a plurality of predefined rules associated with swaps execution facility (SEP) requirements. One or more communication channels are established with respective one or more clearinghouses for transmission of clearinghouse information concerning one or more trade requests. One or more communication channels are established with respective one or more swaps data repository (SDR) providers for transmission of SDR information concerning the one or more trade requests.
    Type: Grant
    Filed: March 14, 2014
    Date of Patent: February 9, 2021
    Assignee: Integral Development Corporation
    Inventors: Harpal Sandhu, Michelle Yip Chen, Vikas Srivastava
  • Publication number: 20210027372
    Abstract: Methods and apparatuses for generating and operating a swaps execution facility (SEP) compliant swaps trading platform are provided. In one example, a method for generating a SEP compliant swaps trading platform includes: (i) generating a swaps trading platform, wherein the generated swaps trading platform is configured to operate in accordance with a plurality of predefined rules associated with swaps execution facility (SEP) requirements; (ii) establishing one or more communication channels with respective one or more clearinghouses for transmission of clearinghouse information concerning one or more trade requests; and (iii) establishing one or more communication channels with respective one or more swaps data repository (SDR) providers for transmission of SDR information concerning the one or more trade requests.
    Type: Application
    Filed: October 7, 2020
    Publication date: January 28, 2021
    Inventors: Harpal SANDHU, Michelle YIP CHEN, Vikas SRIVASTAVA
  • Publication number: 20210027371
    Abstract: Methods and apparatuses for generating and operating a swaps execution facility (SEP) compliant swaps trading platform are provided. In one example, a method for generating a SEP compliant swaps trading platform includes: (i) generating a swaps trading platform, wherein the generated swaps trading platform is configured to operate in accordance with a plurality of predefined rules associated with swaps execution facility (SEP) requirements; (ii) establishing one or more communication channels with respective one or more clearinghouses for transmission of clearinghouse information concerning one or more trade requests; and (iii) establishing one or more communication channels with respective one or more swaps data repository (SDR) providers for transmission of SDR information concerning the one or more trade requests.
    Type: Application
    Filed: October 7, 2020
    Publication date: January 28, 2021
    Inventors: Harpal SANDHU, Michelle YIP CHEN, Vikas SRIVASTAVA
  • Publication number: 20150178840
    Abstract: Fairnetting and distribution of electronic trades is described, where, a computing device includes a reception module, a trade organization module, and a trade netting module. The trade organization module organizes one or more trades, received by the reception module, by currency pairs. The trade netting module generates, at a first point in time, a netting plan designed to offset a trade against at least one other trade, and estimates, for the netting plan, a first value that is proportional to an expected savings based on real-time market data and associated with executing the trades according to the netting plan versus executing the trades without the netting plan, where the first value is not exceeded by a cost of trading proportional to a change in market value of the trades between the first point in time and a time that a first trade included in the trades is executed.
    Type: Application
    Filed: March 3, 2015
    Publication date: June 25, 2015
    Inventors: Michelle Yip CHEN, Vikas SRIVASTAVA, Michael TESTA
  • Publication number: 20150127517
    Abstract: Methods and apparatuses are provided for facilitating fairnetting and the distribution of currency trades. In one example, the method may include: (i) estimating non-provided trade information for each trade type of aggregated sets of trades of a plurality of trades using a market mid-rate; (ii) determining a netted amount and a market amount to transact based on received trade information and the estimated non-provided trade information; (iii) executing one or more trades for the market amount at a market rate; and (iv) distributing the market amount and the netted amount proportionally amongst the plurality of trades.
    Type: Application
    Filed: August 6, 2014
    Publication date: May 7, 2015
    Inventors: Michael TESTA, Vikas SRIVASTAVA, Michelle Yip CHEN
  • Publication number: 20140279364
    Abstract: Methods and apparatuses for generating and operating a swaps execution facility (SEF) compliant swaps trading platform are provided. In one example, a method for generating a SEF compliant swaps trading platform includes: (i) generating a swaps trading platform, wherein the generated swaps trading platform is configured to operate in accordance with a plurality of predefined rules associated with swaps execution facility (SEF) requirements; (ii) establishing one or more communication channels with respective one or more clearinghouses for transmission of clearinghouse information concerning one or more trade requests; and (iii) establishing one or more communication channels with respective one or more swaps data repository (SDR) providers for transmission of SDR information concerning the one or more trade requests.
    Type: Application
    Filed: March 14, 2014
    Publication date: September 18, 2014
    Inventors: Harpal Sandhu, Michelle Yip Chen, Vikas Srivastava
  • Publication number: 20140279365
    Abstract: Methods and apparatuses for generating continuous benchmark values are provided. In one example, a method for generating continuous benchmark values includes: (i) obtaining a first plurality of rates associated with a currency pair from a plurality of providers during a first period of time; (ii) generating a first benchmark value associated with the currency pair for a first point in time based on the first plurality of rates; (iii) obtaining a second plurality of rates associated with the currency pair from the plurality of providers during a second period of time; and (iv) generating a second benchmark value associated with the currency pair for a second point in time based on the second plurality of rates.
    Type: Application
    Filed: March 14, 2014
    Publication date: September 18, 2014
    Inventors: Vikas Srivastava, Patrick Barkhordarian, Michelle Yip Chen
  • Publication number: 20140279367
    Abstract: A system for generating and utilizing financial trading metrics, comprising: (i) a data-obtaining module configured to obtain raw financial trade data; (ii) a data-normalizing module, operatively connected to the data-obtaining module and configured to convert raw financial-trade data into normalized financial-trade data; and (iii) a metric-generating module, operatively connected to the data-normalizing module and configured to generate financial-trade metrics based on the normalized financial-trade data.
    Type: Application
    Filed: March 14, 2014
    Publication date: September 18, 2014
    Inventors: Vikas Srivastava, Patrick Barkhordarian, Michelle Yip Chen