Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2005-01-07
2008-09-16
Kazimi, Hani M. (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S037000
Reexamination Certificate
active
07426487
ABSTRACT:
A system and method for analyzing correlation between the assets given by the trader for collateral and that trader's open positions is disclosed. Thus, if the collateral is correlated to the trader's open positions, then some offset can be given. If there is no correlation than the collateral is valued in the conventional way. For example, if a trader provides t-bills as collateral for an account that has open positions (e.g. short futures) in T-bills, than that trader's account can be credited with some offset since the value of T-bills and T-bill futures are highly correlated.
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Glinberg Dmitriy
Gogol Edward
Michaels Dale A.
Yoo Tae S.
Brinks Hofer Gilson & Lione
Chicago Mercantile Exchange Inc.
Hammond III Thomas M
Katz James L.
Kazimi Hani M.
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