Invention Grant
- Patent Title: Prospective currency units
- Patent Title (中): 预期货币单位
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Application No.: US12909634Application Date: 2010-10-21
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Publication No.: US08407126B2Publication Date: 2013-03-26
- Inventor: Steve Youngren , Lori Aldinger , Richard Co , Derek Sammann , John Labuszewski
- Applicant: Steve Youngren , Lori Aldinger , Richard Co , Derek Sammann , John Labuszewski
- Applicant Address: US IL Chicago
- Assignee: Chicago Mercantile Exhange, Inc.
- Current Assignee: Chicago Mercantile Exhange, Inc.
- Current Assignee Address: US IL Chicago
- Agency: Banner & Witcoff, Ltd.
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Methods and systems for calculating values for indexes based on breakout currencies are provided. A prospective breakout index may be formed before an entity breaks out of a monetary union. Other aspects relate to calculating an initial index value on a breakout date. An initial exchange rate of the breakout currency may be combined with a breakout value and/or a base value. In one embodiment, the breakout value is the reciprocal of the initial exchange rate. Therefore, in accordance with certain embodiments, the initial index value of the breakout index may be equal to the base value. Further aspects relate to calculating a second index value. A second exchange rate of the breakout currency may be utilized with the fixed base value and the breakout value to calculate the second index value of the breakout index. Further aspects relate to creating a prospective currency unit for a monetary union.
Public/Granted literature
- US20120101957A1 PROSPECTIVE CURRENCY UNITS Public/Granted day:2012-04-26
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