Patents by Inventor Sandra Ro

Sandra Ro 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: 12346964
    Abstract: Systems and methods are disclosed for settling futures contracts that are based on virtual currencies. A clearing counter-party operates a clearing counter-party computer that may oversee physical delivery of virtual currency between a buyer and seller. The clearing counter-party computer does not take possession of the virtual currency and monitors a publicly viewable ledger to confirm that transactions have taken place.
    Type: Grant
    Filed: October 26, 2022
    Date of Patent: July 1, 2025
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Publication number: 20230043871
    Abstract: Systems and methods are disclosed for settling futures contracts that are based on virtual currencies. A clearing counter-party operates a clearing counter-party computer that may oversee physical delivery of virtual currency between a buyer and seller. The clearing counter-party computer does not take possession of the virtual currency and monitors a publicly viewable ledger to confirm that transactions have taken place.
    Type: Application
    Filed: October 26, 2022
    Publication date: February 9, 2023
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Patent number: 11514522
    Abstract: Systems and methods are disclosed for settling futures contracts that are based on virtual currencies. A clearing counter-party operates a clearing counter-party computer that may oversee physical delivery of virtual currency between a buyer and seller. The clearing counter-party computer does not take possession of the virtual currency and monitors a publicly viewable ledger to confirm that transactions have taken place.
    Type: Grant
    Filed: November 11, 2019
    Date of Patent: November 29, 2022
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Publication number: 20220044322
    Abstract: A computer system associated with spot market trading in a particular subject matter may communicate with a computer system associated with trading in futures contracts or options in futures contracts for the subject matter. The communications may include pricing data for at least one of futures contracts or options in futures contracts for the subject matter, which pricing data may be used for spot market pricing. The communications may also include communications regarding futures hedging of spot trading in the subject matter.
    Type: Application
    Filed: October 20, 2021
    Publication date: February 10, 2022
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: David Emerick, John Labuszewski, Will Patrick, Sandra Ro, Roger Rutherford, Steve Youngren
  • Patent number: 11164252
    Abstract: A computer system associated with spot market trading in a particular subject matter may communicate with a computer system associated with trading in futures contracts or options in futures contracts for the subject matter. The communications may include pricing data for at least one of futures contracts or options in futures contracts for the subject matter, which pricing data may be used for spot market pricing. The communications may also include communications regarding futures hedging of spot trading in the subject matter.
    Type: Grant
    Filed: August 15, 2019
    Date of Patent: November 2, 2021
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: David Emerick, John Labuszewski, Will Patrick, Sandra Ro, Roger Rutherford, Steve Youngren
  • Publication number: 20200098044
    Abstract: Systems and methods are disclosed for settling futures contracts that are based on virtual currencies. A clearing counter-party operates a clearing counter-party computer that may oversee physical delivery of virtual currency between a buyer and seller. The clearing counter-party computer does not take possession of the virtual currency and monitors a publicly viewable ledger to confirm that transactions have taken place.
    Type: Application
    Filed: November 11, 2019
    Publication date: March 26, 2020
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Patent number: 10504178
    Abstract: Systems and methods are disclosed for settling futures contracts that are based on virtual currencies. A clearing counter-party operates a clearing counter-party computer that may oversee physical delivery of virtual currency between a buyer and seller. The clearing counter-party computer does not take possession of the virtual currency and monitors a publically viewable ledger to confirm that transactions have taken place.
    Type: Grant
    Filed: November 4, 2015
    Date of Patent: December 10, 2019
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Publication number: 20190370900
    Abstract: A computer system associated with spot market trading in a particular subject matter may communicate with a computer system associated with trading in futures contracts or options in futures contracts for the subject matter. The communications may include pricing data for at least one of futures contracts or options in futures contracts for the subject matter, which pricing data may be used for spot market pricing. The communications may also include communications regarding futures hedging of spot trading in the subject matter.
    Type: Application
    Filed: August 15, 2019
    Publication date: December 5, 2019
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: David Emerick, John Labuszewski, Will Patrick, Sandra Ro, Roger Rutherford, Steve Youngren
  • Patent number: 10417707
    Abstract: A computer system associated with spot market trading in a particular subject matter may communicate with a computer system associated with trading in futures contracts or options in futures contracts for the subject matter. The communications may include pricing data for at least one of futures contracts or options in futures contracts for the subject matter, which pricing data may be used for spot market pricing. The communications may also include communications regarding futures hedging of spot trading in the subject matter.
    Type: Grant
    Filed: September 13, 2012
    Date of Patent: September 17, 2019
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: David Emerick, John Labuszewski, Will Patrick, Sandra Ro, Roger Rutherford, Steve Youngren
  • Publication number: 20190080411
    Abstract: The disclosed systems and methods make derivatives contracts based on an underlying virtual currency available for trading. Certain derivatives contracts have a settlement value based on the difficulty factor associated with generating the selected virtual currency. Other disclosed derivatives contracts have a settlement value based on the expected yield that a virtual currency miner can expect to generate using a particular computer configuration. The contracts can be used, for example, by virtual currency miners to hedge certain risks associated with mining virtual currency.
    Type: Application
    Filed: November 13, 2018
    Publication date: March 14, 2019
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Publication number: 20170124647
    Abstract: Systems and methods are disclosed for settling futures contracts that are based on virtual currencies. A clearing counter-party operates a clearing counter-party computer that may oversee physical delivery of virtual currency between a buyer and seller. The clearing counter-party computer does not take possession of the virtual currency and monitors a publically viewable ledger to confirm that transactions have taken place.
    Type: Application
    Filed: November 4, 2015
    Publication date: May 4, 2017
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Publication number: 20170103458
    Abstract: The disclosed systems and methods make derivatives contracts based on an underlying virtual currency available for trading. Certain derivatives contracts have a settlement value based on the difficulty factor associated with generating the selected virtual currency. Other disclosed derivatives contracts have a settlement value based on the expected yield that a virtual currency miner can expect to generate using a particular computer configuration. The contracts can be used, for example, by virtual currency miners to hedge certain risks associated with mining virtual currency.
    Type: Application
    Filed: October 13, 2015
    Publication date: April 13, 2017
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Publication number: 20160086264
    Abstract: Data indicative of an instruction to calculate an upper price limit and a lower price limit corresponding to a financial product type may be received. In response to that instruction, data representing price information for each of N prior times may be accessed. A statistical analysis of the price information may be performed to obtain a price limit range. The upper lower price limits may be calculated based on the price limit range and based on a price value for instances of the financial product.
    Type: Application
    Filed: September 18, 2014
    Publication date: March 24, 2016
    Inventors: John Labuszewski, Daniel Grombacher, John Kerpel, Sandra Ro, Lori Aldinger, David Boberski, James Boudreault, Jonathan Kronstein
  • Publication number: 20160063621
    Abstract: A bridged weekly FX futures contract may include a series of weekly futures contracts extending over a specified time period, such as about 5 years. The series of contracts may be bridged such that long and short positions may be delivered into the next subsequent weekly contract of the same type. Upon delivery, a pass-through payment may be made from a long position to a short position, or vice versa, and may be contingent upon the relationship of spot and 1-week forward exchange rate values. The final contract in the series of weekly expiring FX futures contracts may result in an actual delivery of one currency vs. an equivalent amount of the opposite currency of the associated futures contract. By doing so, the bridged weekly FX futures contracts may allow a trader to maintain exposure in a desired currency pair over an extended or nearly perpetual period of time.
    Type: Application
    Filed: August 27, 2014
    Publication date: March 3, 2016
    Inventors: Michael Dengis, Julie Winkler, Sandra Ro, John Labuszewski
  • Publication number: 20140074680
    Abstract: A computer system associated with spot market trading in a particular subject matter may communicate with a computer system associated with trading in futures contracts or options in futures contracts for the subject matter. The communications may include pricing data for at least one of futures contracts or options in futures contracts for the subject matter, which pricing data may be used for spot market pricing. The communications may also include communications regarding futures hedging of spot trading in the subject matter.
    Type: Application
    Filed: September 13, 2012
    Publication date: March 13, 2014
    Applicant: CHICAGO MERCANTILE EXCHANGE
    Inventors: David Emerick, John Labuszewski, Will Patrick, Sandra Ro, Roger Rutherford, Steve Youngren
  • Publication number: 20140019324
    Abstract: Systems and methods are provided for processing and settling futures contracts that have multiple settlement provisions. A single futures contract may include both a physical delivery settlement provision and a cash settlement provision. Cash settlement provisions may involve inconvertible currencies.
    Type: Application
    Filed: July 11, 2012
    Publication date: January 16, 2014
    Applicant: CHICAGO MERCANTILE EXCHANGE INC.
    Inventors: John Nyhoff, Steve Youngren, Sandra Ro, Richard Co, John Labuszewski