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: 8694415Abstract: 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: GrantFiled: December 11, 2012Date of Patent: April 8, 2014Assignee: Chicago Mercantile Exchange Inc.Inventors: Paul J. Callaway, Michael E. Culhane, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
-
Patent number: 8355980Abstract: 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: GrantFiled: June 29, 2011Date of Patent: January 15, 2013Assignee: Chicago Mercantile Exchange Inc.Inventors: Paul J. Callaway, Michael E. Culhane, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
-
Publication number: 20110258109Abstract: 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: ApplicationFiled: June 29, 2011Publication date: October 20, 2011Applicant: CHICAGO MERCANTILE EXCHANGE, INC.Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
-
Patent number: 8024255Abstract: 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: GrantFiled: December 4, 2007Date of Patent: September 20, 2011Assignee: Chicago Mercantile Exchange, Inc.Inventors: Keith A. Anguish, Sunil K. Cutinho, Dmitriy Glinberg, Suneel Iyer, Dale Michaels, Ketan B. Patel
-
Patent number: 7996301Abstract: 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: GrantFiled: May 12, 2010Date of Patent: August 9, 2011Assignee: Chicago Mercantile Exchange, Inc.Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
-
Patent number: 7987135Abstract: 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: GrantFiled: August 20, 2007Date of Patent: July 26, 2011Assignee: Chicago Mercantile Exchange, Inc.Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
-
Publication number: 20100223201Abstract: 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: ApplicationFiled: May 12, 2010Publication date: September 2, 2010Applicant: CHICAGO MERCANTILE EXCHANGE, INC.Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer
-
Publication number: 20090055303Abstract: 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: ApplicationFiled: August 20, 2007Publication date: February 26, 2009Applicant: Chicago Mercantile Exchange, Inc.Inventors: Paul J. Callaway, Michael E. Culhane, II, Sunil K. Cutinho, Frank Kmiec, Ari Studnitzer