Derivatives trading methods that use a variable order price

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United States of America Patent

PATENT NO 9911157
SERIAL NO

12496831

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Abstract

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Methods and systems for an exchange to handle variable derivative product order prices are disclosed. The price of a derivative product order (bid or offer) is updated based on changes in the price of a related underlying product. Price determination variable(s), such as delta and gamma, are used to determine the price of the order. The exchange may periodically recalculate the price without requiring the trader to transmit additional information to the exchange.

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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
Ariathurai, Arjuna Chicago, US 25 393
Falck, John Chicago, US 26 397
Farrell, James W Carol Stream, US 43 878
Johnston, Scott Oak Park, US 29 770
Salvadori, David Hoffman Estates, US 34 387
Thiruthuvadoss, Shanthi Chicago, US 2 42
Troxel,, Jr Charlie Naperville, US 25 199

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