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: 20130268425
    Abstract: 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: Application
    Filed: June 4, 2013
    Publication date: October 10, 2013
    Inventors: Scott Brusso, Sayee Srinivasan
  • Publication number: 20130246244
    Abstract: 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: Application
    Filed: April 17, 2013
    Publication date: September 19, 2013
    Applicant: Chicago Mercantile Exchange, Inc.
    Inventors: Richard Co, John Labuszewski, Paul Peterson, John Nyhoff, Sayee Srinivasan
  • Patent number: 8473406
    Abstract: 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: Grant
    Filed: July 19, 2012
    Date of Patent: June 25, 2013
    Assignee: Chicago Mercantile Exchange, Inc.
    Inventors: Scott Brusso, Sayee Srinivasan
  • Patent number: 8447679
    Abstract: 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: Grant
    Filed: August 13, 2012
    Date of Patent: May 21, 2013
    Assignee: Chicago Mercantile Exchange, Inc.
    Inventors: Richard Co, John Labuszewski, Paul Peterson, John Nyhoff, Sayee Srinivasan
  • Publication number: 20130041802
    Abstract: 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: Application
    Filed: August 13, 2012
    Publication date: February 14, 2013
    Applicant: CHICAGO MERCANTILE EXCHANGE, INC.
    Inventors: Richard Co, John Labuszewski, Paul Peterson, John Nyhoff, Sayee Srinivasan
  • Publication number: 20120284169
    Abstract: 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: Application
    Filed: July 19, 2012
    Publication date: November 8, 2012
    Applicant: CHICAGO MERCANTILE EXCHANGE INC.
    Inventors: Scott Brusso, Sayee Srinivasan
  • Patent number: 8266026
    Abstract: 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: Grant
    Filed: September 29, 2006
    Date of Patent: September 11, 2012
    Assignee: Chicago Mercantile Exchange, Inc.
    Inventors: Richard Co, John Labuszewski, Paul Peterson, John Nyhoff, Sayee Srinivasan
  • Patent number: 8260701
    Abstract: 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: Grant
    Filed: January 17, 2012
    Date of Patent: September 4, 2012
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Scott Brusso, Sayee Srinivasan
  • Publication number: 20120116946
    Abstract: 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: Application
    Filed: January 17, 2012
    Publication date: May 10, 2012
    Applicant: CHICAGO MERCANTILE EXCHANGE INC.
    Inventors: Scott Brusso, Sayee Srinivasan
  • Patent number: 8121936
    Abstract: 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: Grant
    Filed: June 8, 2011
    Date of Patent: February 21, 2012
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Scott Brusso, Sayee Srinivasan
  • Publication number: 20110238563
    Abstract: 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: Application
    Filed: June 8, 2011
    Publication date: September 29, 2011
    Applicant: CHICAGO MERCANTILE EXCHANGE INC.
    Inventors: Scott Brusso, Sayee Srinivasan
  • Patent number: 7983978
    Abstract: 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: Grant
    Filed: February 5, 2003
    Date of Patent: July 19, 2011
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Scott Brusso, Sayee Srinivasan
  • Publication number: 20080082437
    Abstract: 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: Application
    Filed: September 29, 2006
    Publication date: April 3, 2008
    Inventors: Richard Co, John Labuszewski, Paul Peterson, John Nyhoff, Sayee Srinivasan
  • Publication number: 20040098334
    Abstract: 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: Application
    Filed: February 5, 2003
    Publication date: May 20, 2004
    Applicant: Chicago Mercantile Exchange, Inc.
    Inventors: Scott Brusso, Sayee Srinivasan