News Column

Chicago Board Options Exchange Assigned Patent

April 30, 2014

By Targeted News Service

ALEXANDRIA, Va., April 30 -- Chicago Board Options Exchange, Chicago, has been assigned a patent (8,712,891) developed by Catherine T. Shalen, Chicago, for "methods and systems for creating a tail risk hedge index and trading derivative products based thereon."

The patent application was filed on July 27, 2012 (13/560,308). The full-text of the patent can be found at,712,891.PN.&OS=PN/8,712,891&RS=PN/8,712,891

Written by Sudarshan Harpal; edited by Jaya Anand.


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Source: Targeted News Service

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