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).
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Patent number: 12346964Abstract: 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: GrantFiled: October 26, 2022Date of Patent: July 1, 2025Assignee: Chicago Mercantile Exchange Inc.Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
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Publication number: 20230043871Abstract: 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: ApplicationFiled: October 26, 2022Publication date: February 9, 2023Applicant: Chicago Mercantile Exchange Inc.Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
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Patent number: 11514522Abstract: 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: GrantFiled: November 11, 2019Date of Patent: November 29, 2022Assignee: Chicago Mercantile Exchange Inc.Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
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Publication number: 20220044322Abstract: 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: ApplicationFiled: October 20, 2021Publication date: February 10, 2022Applicant: Chicago Mercantile Exchange Inc.Inventors: David Emerick, John Labuszewski, Will Patrick, Sandra Ro, Roger Rutherford, Steve Youngren
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Patent number: 11164252Abstract: 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: GrantFiled: August 15, 2019Date of Patent: November 2, 2021Assignee: Chicago Mercantile Exchange Inc.Inventors: David Emerick, John Labuszewski, Will Patrick, Sandra Ro, Roger Rutherford, Steve Youngren
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Publication number: 20200098044Abstract: 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: ApplicationFiled: November 11, 2019Publication date: March 26, 2020Applicant: Chicago Mercantile Exchange Inc.Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
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Patent number: 10504178Abstract: 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: GrantFiled: November 4, 2015Date of Patent: December 10, 2019Assignee: Chicago Mercantile Exchange Inc.Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
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Publication number: 20190370900Abstract: 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: ApplicationFiled: August 15, 2019Publication date: December 5, 2019Applicant: Chicago Mercantile Exchange Inc.Inventors: David Emerick, John Labuszewski, Will Patrick, Sandra Ro, Roger Rutherford, Steve Youngren
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Patent number: 10417707Abstract: 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: GrantFiled: September 13, 2012Date of Patent: September 17, 2019Assignee: Chicago Mercantile Exchange Inc.Inventors: David Emerick, John Labuszewski, Will Patrick, Sandra Ro, Roger Rutherford, Steve Youngren
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Publication number: 20190080411Abstract: 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: ApplicationFiled: November 13, 2018Publication date: March 14, 2019Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
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Publication number: 20170124647Abstract: 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: ApplicationFiled: November 4, 2015Publication date: May 4, 2017Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
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Publication number: 20170103458Abstract: 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: ApplicationFiled: October 13, 2015Publication date: April 13, 2017Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
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Publication number: 20160086264Abstract: 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: ApplicationFiled: September 18, 2014Publication date: March 24, 2016Inventors: John Labuszewski, Daniel Grombacher, John Kerpel, Sandra Ro, Lori Aldinger, David Boberski, James Boudreault, Jonathan Kronstein
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Publication number: 20160063621Abstract: 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: ApplicationFiled: August 27, 2014Publication date: March 3, 2016Inventors: Michael Dengis, Julie Winkler, Sandra Ro, John Labuszewski
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Publication number: 20140074680Abstract: 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: ApplicationFiled: September 13, 2012Publication date: March 13, 2014Applicant: CHICAGO MERCANTILE EXCHANGEInventors: David Emerick, John Labuszewski, Will Patrick, Sandra Ro, Roger Rutherford, Steve Youngren
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Publication number: 20140019324Abstract: 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: ApplicationFiled: July 11, 2012Publication date: January 16, 2014Applicant: CHICAGO MERCANTILE EXCHANGE INC.Inventors: John Nyhoff, Steve Youngren, Sandra Ro, Richard Co, John Labuszewski