Patent №
US 8,548,892
Granted
2013-10-01
Filed 2004
Owner
EBS GROUP LIMITED
+2 more
Lab
—
AI components
3
kr · planning · evo
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
10983170
Benchmarks for the price of a financial instrument such as FX spot rate for a currency pair are calculated by an algorithm based on a previous benchmark and a market price. The market price is derived from a deal price and a quote price. The deal price is based on deals conducted since the last benchmark and the quote price is based on bids and offers entered since the last benchmark. For each of the deal and quote prices, a price, weight and scatter is calculated which is used to calculate a benchmark price, weight and scatter and a benchmark error.
AI classification
Ownership
EBS GROUP LIMITED
assignment · 164510180
NEX GROUP PLC
assignment · 502490704
CME GROUP INC.
merger · 502550695
Assignors
HOWORKA, EDWARD R., LIU, DAVID J., POWER, JEFFERY E., ZUBAIRI, NASIR A., JAIN, NEENA, HOWORKA, EDWARD R., LIU, DAVID JIFENG, POWER, JEFFREY EDWARD, ZUBAIRI, NASIR AHMED, JAIN, NEENA
On an employer assignment, the assignors are typically the inventors.