Derivative contracts that settle based on transaction data

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 10949922
APP PUB NO 20180005318A1
SERIAL NO

15199131

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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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 transaction fees associated with recording and/or performing transactions for the selected virtual currency. The contracts can be used, for example, by virtual currency miners against certain risks associated with mining virtual currency.

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First Claim

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Patent Owner(s)

Patent OwnerAddress
CHICAGO MERCANTILE EXCHANGE INC20 SOUTH WACKER DRIVE CHICAGO IL 60606

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Ahmed, Mansoor Naperville, US 57 1159
Pierce, Ryan Chicago, US 57 7390
Plante, John Chicago, US 3 11

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