Patents by Inventor Sayee Srinivasan
Sayee Srinivasan 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).
-
Publication number: 20130268425Abstract: Systems and methods are provided for trading and calculating the composition of foreign currencies indexed financial instruments. The compositions of the financial instruments are determined by calculating a geometric average of the exchange rates of foreign currencies with corresponding competitive weights. The competitive weights for each of the foreign currencies reflects competition between the goods of the United States and a country corresponding to the foreign currency in the markets of third countries.Type: ApplicationFiled: June 4, 2013Publication date: October 10, 2013Inventors: Scott Brusso, Sayee Srinivasan
-
Publication number: 20130246244Abstract: Systems and methods are described for processing and clearing derivatives products with a binary outcome and having a final settlement based on a triggering event. A computer system configured to process and clear derivative products can accept initial and adjusted performance bonds from buyers and sellers, and adjust the market price of the derivative product at intervals. The market price may be adjusted on a mark-to-market basis and through analysis of other information, e.g., the credit rating of a reference entity. As a result of price adjustments, cash flow may be generated between buyers and sellers. The derivative product may pay a predetermined final settlement amount or percentage upon the triggering of a predetermined event. However, upon expiration of the derivative product, the derivative's market price is settled to zero and the agreement is terminated.Type: ApplicationFiled: April 17, 2013Publication date: September 19, 2013Applicant: Chicago Mercantile Exchange, Inc.Inventors: Richard Co, John Labuszewski, Paul Peterson, John Nyhoff, Sayee Srinivasan
-
Patent number: 8473406Abstract: Systems and methods are provided for trading and calculating the composition of foreign currencies indexed financial instruments. The compositions of the financial instruments are determined by calculating a geometric average of the exchange rates of foreign currencies with corresponding competitive weights. The competitive weights for each of the foreign currencies reflects competition between the goods of the United States and a country corresponding to the foreign currency in the markets of third countries.Type: GrantFiled: July 19, 2012Date of Patent: June 25, 2013Assignee: Chicago Mercantile Exchange, Inc.Inventors: Scott Brusso, Sayee Srinivasan
-
Patent number: 8447679Abstract: Systems and methods are described for processing and clearing derivatives products with a binary outcome and having a final settlement based on a triggering event. A computer system configured to process and clear derivative products can accept initial and adjusted performance bonds from buyers and sellers, and adjust the market price of the derivative product at intervals. The market price may be adjusted on a mark-to-market basis and through analysis of other information, e.g., the credit rating of a reference entity. As a result of price adjustments, cash flow may be generated between buyers and sellers. The derivative product may pay a predetermined final settlement amount or percentage upon the triggering of a predetermined event. However, upon expiration of the derivative product, the derivative's market price is settled to zero and the agreement is terminated.Type: GrantFiled: August 13, 2012Date of Patent: May 21, 2013Assignee: Chicago Mercantile Exchange, Inc.Inventors: Richard Co, John Labuszewski, Paul Peterson, John Nyhoff, Sayee Srinivasan
-
Publication number: 20130041802Abstract: Systems and methods are described for processing and clearing derivatives products with a binary outcome and having a final settlement based on a triggering event. A computer system configured to process and clear derivative products can accept initial and adjusted performance bonds from buyers and sellers, and adjust the market price of the derivative product at intervals. The market price may be adjusted on a mark-to-market basis and through analysis of other information, e.g., the credit rating of a reference entity. As a result of price adjustments, cash flow may be generated between buyers and sellers. The derivative product may pay a predetermined final settlement amount or percentage upon the triggering of a predetermined event. However, upon expiration of the derivative product, the derivative's market price is settled to zero and the agreement is terminated.Type: ApplicationFiled: August 13, 2012Publication date: February 14, 2013Applicant: CHICAGO MERCANTILE EXCHANGE, INC.Inventors: Richard Co, John Labuszewski, Paul Peterson, John Nyhoff, Sayee Srinivasan
-
Publication number: 20120284169Abstract: Systems and methods are provided for trading and calculating the composition of foreign currencies indexed financial instruments. The compositions of the financial instruments are determined by calculating a geometric average of the exchange rates of foreign currencies with corresponding competitive weights. The competitive weights for each of the foreign currencies reflects competition between the goods of the United States and a country corresponding to the foreign currency in the markets of third countries.Type: ApplicationFiled: July 19, 2012Publication date: November 8, 2012Applicant: CHICAGO MERCANTILE EXCHANGE INC.Inventors: Scott Brusso, Sayee Srinivasan
-
Patent number: 8266026Abstract: Systems and methods are described for processing and clearing derivatives products with a binary outcome and having a final settlement based on a triggering event. A computer system configured to process and clear derivative products can accept initial and adjusted performance bonds from buyers and sellers, and adjust the market price of the derivative product at intervals. The market price may be adjusted on a mark-to-market basis and through analysis of other information, e.g., the credit rating of a reference entity. As a result of price adjustments, cash flow may be generated between buyers and sellers. The derivative product may pay a predetermined final settlement amount or percentage upon the triggering of a predetermined event. However, upon expiration of the derivative product, the derivative's market price is settled to zero and the agreement is terminated.Type: GrantFiled: September 29, 2006Date of Patent: September 11, 2012Assignee: Chicago Mercantile Exchange, Inc.Inventors: Richard Co, John Labuszewski, Paul Peterson, John Nyhoff, Sayee Srinivasan
-
Patent number: 8260701Abstract: Systems and methods are provided for trading and calculating the composition of foreign currencies indexed financial instruments. The compositions of the financial instruments are determined by calculating a geometric average of the exchange rates of foreign currencies with corresponding competitive weights. The competitive weights for each of the foreign currencies reflects competition between the goods of the United States and a country corresponding to the foreign currency in the markets of third countries.Type: GrantFiled: January 17, 2012Date of Patent: September 4, 2012Assignee: Chicago Mercantile Exchange Inc.Inventors: Scott Brusso, Sayee Srinivasan
-
Publication number: 20120116946Abstract: Systems and methods are provided for trading and calculating the composition of foreign currencies indexed financial instruments. The compositions of the financial instruments are determined by calculating a geometric average of the exchange rates of foreign currencies with corresponding competitive weights. The competitive weights for each of the foreign currencies reflects competition between the goods of the United States and a country corresponding to the foreign currency in the markets of third countries.Type: ApplicationFiled: January 17, 2012Publication date: May 10, 2012Applicant: CHICAGO MERCANTILE EXCHANGE INC.Inventors: Scott Brusso, Sayee Srinivasan
-
Patent number: 8121936Abstract: Systems and methods are provided for trading and calculating the composition of foreign currencies indexed financial instruments. The compositions of the financial instruments are determined by calculating a geometric average of the exchange rates of foreign currencies with corresponding competitive weights. The competitive weights for each of the foreign currencies reflects competition between the goods of the United States and a country corresponding to the foreign currency in the markets of third countries.Type: GrantFiled: June 8, 2011Date of Patent: February 21, 2012Assignee: Chicago Mercantile Exchange Inc.Inventors: Scott Brusso, Sayee Srinivasan
-
Publication number: 20110238563Abstract: Systems and methods are provided for trading and calculating the composition of foreign currencies indexed financial instruments. The compositions of the financial instruments are determined by calculating a geometric average of the exchange rates of foreign currencies with corresponding competitive weights. The competitive weights for each of the foreign currencies reflects competition between the goods of the United States and a country corresponding to the foreign currency in the markets of third countries.Type: ApplicationFiled: June 8, 2011Publication date: September 29, 2011Applicant: CHICAGO MERCANTILE EXCHANGE INC.Inventors: Scott Brusso, Sayee Srinivasan
-
Patent number: 7983978Abstract: Systems and methods are provided for trading and calculating the composition of foreign currencies indexed financial instruments. The compositions of the financial instruments are determined by calculating a geometric average of the exchange rates of foreign currencies with corresponding competitive weights. The competitive weights for each of the foreign currencies reflects competition between the goods of the United States and a country corresponding to the foreign currency in the markets of third countries.Type: GrantFiled: February 5, 2003Date of Patent: July 19, 2011Assignee: Chicago Mercantile Exchange Inc.Inventors: Scott Brusso, Sayee Srinivasan
-
Publication number: 20080082437Abstract: Systems and methods are described for processing and clearing derivatives products with a binary outcome and having a final settlement based on a triggering event. A computer system configured to process and clear derivative products can accept initial and adjusted performance bonds from buyers and sellers, and adjust the market price of the derivative product at intervals. The market price may be adjusted on a mark-to-market basis and through analysis of other information, e.g., the credit rating of a reference entity. As a result of price adjustments, cash flow may be generated between buyers and sellers. The derivative product may pay a predetermined final settlement amount or percentage upon the triggering of a predetermined event. However, upon expiration of the derivative product, the derivative's market price is settled to zero and the agreement is terminated.Type: ApplicationFiled: September 29, 2006Publication date: April 3, 2008Inventors: Richard Co, John Labuszewski, Paul Peterson, John Nyhoff, Sayee Srinivasan
-
Publication number: 20040098334Abstract: Systems and methods are provided for trading and calculating the composition of foreign currencies indexed financial instruments. The compositions of the financial instruments are determined by calculating a geometric average of the exchange rates of foreign currencies with corresponding competitive weights. The competitive weights for each of the foreign currencies reflects competition between the goods of the United States and a country corresponding to the foreign currency in the markets of third countries.Type: ApplicationFiled: February 5, 2003Publication date: May 20, 2004Applicant: Chicago Mercantile Exchange, Inc.Inventors: Scott Brusso, Sayee Srinivasan