Patents by Inventor Sunil K. Cutinho

Sunil K. Cutinho 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: 8694415
    Abstract: Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a match system. The system includes a credit control module, which is located at the back-end (e.g., clearinghouse), front end, a combination thereof, or other location that communicates with the plurality of trading engines. The credit control monitors aggregate risk parameters for the trading engines and requests credits from trading engines.
    Type: Grant
    Filed: December 11, 2012
    Date of Patent: April 8, 2014
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Paul J. Callaway, Michael E. Culhane, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
  • Patent number: 8355980
    Abstract: Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a match system. The system includes a credit control module, which may be located at the back-end (e.g., clearinghouse), front end, a combination thereof, or other location that communicates with the plurality of trading engines. The credit control may monitor aggregate risk parameters for the trading engines and requests credits from trading engines.
    Type: Grant
    Filed: June 29, 2011
    Date of Patent: January 15, 2013
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Paul J. Callaway, Michael E. Culhane, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
  • Publication number: 20110258109
    Abstract: Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a match system. The system includes a credit control module, which may be located at the back-end (e.g., clearinghouse), front end, a combination thereof, or other location that communicates with the plurality of trading engines. The credit control may monitor aggregate risk parameters for the trading engines and requests credits from trading engines.
    Type: Application
    Filed: June 29, 2011
    Publication date: October 20, 2011
    Applicant: CHICAGO MERCANTILE EXCHANGE, INC.
    Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
  • Patent number: 8024255
    Abstract: Methods are described for processing and clearing derivative products such as interest rate swaps (IRSs). A swap value factor (SVF) may be generated to calculate the mark-to-market value of an IRS. The SVF may be a function of interest rates derived from a yield curve. Cash flow may be generated between the buyer and the seller to reflect the change in the market price of the derivative, i.e., the mark-to-market process. The results of a cleared swap may be used to determine or alter the margin deposit required by the buyer or seller.
    Type: Grant
    Filed: December 4, 2007
    Date of Patent: September 20, 2011
    Assignee: Chicago Mercantile Exchange, Inc.
    Inventors: Keith A. Anguish, Sunil K. Cutinho, Dmitriy Glinberg, Suneel Iyer, Dale Michaels, Ketan B. Patel
  • Patent number: 7996301
    Abstract: Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a match system. The system includes a credit control module, which may be located at the back-end (e.g., clearinghouse), front end, a combination thereof, or other location that communicates with the plurality of trading engines. The credit control may monitor aggregate risk parameters for the trading engines and requests credits from trading engines.
    Type: Grant
    Filed: May 12, 2010
    Date of Patent: August 9, 2011
    Assignee: Chicago Mercantile Exchange, Inc.
    Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
  • Patent number: 7987135
    Abstract: Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a credit control module that communicates with the plurality of trading engines. The credit control monitors aggregate risk parameters for the trading engines and requests credits from trading engines.
    Type: Grant
    Filed: August 20, 2007
    Date of Patent: July 26, 2011
    Assignee: Chicago Mercantile Exchange, Inc.
    Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
  • Publication number: 20100223201
    Abstract: Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a match system. The system includes a credit control module, which may be located at the back-end (e.g., clearinghouse), front end, a combination thereof, or other location that communicates with the plurality of trading engines. The credit control may monitor aggregate risk parameters for the trading engines and requests credits from trading engines.
    Type: Application
    Filed: May 12, 2010
    Publication date: September 2, 2010
    Applicant: CHICAGO MERCANTILE EXCHANGE, INC.
    Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
  • Publication number: 20090055303
    Abstract: Systems and methods are provided that can provide credit control monitoring across any number of trading engines without adding any performance or scalability limitations.
    Type: Application
    Filed: August 20, 2007
    Publication date: February 26, 2009
    Applicant: Chicago Mercantile Exchange, Inc.
    Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer