News Column

Chicago Mercantile Exchange Assigned Patent for Hedging Risks Associated with Variable Priced Orders for Derivative Financial Products

June 11, 2014



By Targeted News Service

ALEXANDRIA, Va., June 11 -- Chicago Mercantile Exchange, Chicago, has been assigned a patent (8,751,361) developed by seven co-inventors for "hedging risks associated with variable priced orders for derivative financial products." The co-inventors are James W. Farrell, Carol Stream, Illinois, Agnes Shanthi Thiruthuvadoss, Chicago, Scott Johnston, Oak Park, Illinois, John Falck, Chicago, Charlie Troxel Jr., Naperville, Illinois, Arjuna Ariathurai, Chicago, and David Salvadori, Bartlett, Illinois.

The patent application was filed on May 3, 2013 (13/887,026). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=8,751,361.PN.&OS=PN/8,751,361&RS=PN/8,751,361

Written by Balkishan Dalai; edited by Jaya Anand.

BD0611JA0611-1022998


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Targeted News Service


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters