US 12,141,881 B2
Futures margin modeling system having seasonality detection
Jennifer Yingying Weng, Brooklyn, NY (US); Nikhil Joshi, New York, NY (US); Guo Chen, Chicago, IL (US); Siwen Yang, Chicago, IL (US); Zijiang Yang, Chicago, IL (US); Xiaowen Xu, Chicago, IL (US); Shuo Liu, London (GB); and Sebastiano Rossi, Zurich (CH)
Assigned to Chicago Mercantile Exchange Inc., Chicago, IL (US)
Filed by Chicago Mercantile Exchange Inc., Chicago, IL (US)
Filed on May 19, 2023, as Appl. No. 18/199,495.
Application 18/199,495 is a continuation of application No. 17/725,038, filed on Apr. 20, 2022, granted, now 11,704,751.
Application 17/725,038 is a continuation of application No. 17/032,064, filed on Sep. 25, 2020, granted, now 11,367,152, issued on Jun. 21, 2022.
Application 17/032,064 is a continuation of application No. 15/796,191, filed on Oct. 27, 2017, granted, now 10,867,360, issued on Dec. 15, 2020.
Claims priority of provisional application 62/414,366, filed on Oct. 28, 2016.
Prior Publication US 2023/0298113 A1, Sep. 21, 2023
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 50/06 (2024.01); G06F 16/21 (2019.01); G06F 16/22 (2019.01); G06Q 40/04 (2012.01); G06Q 40/06 (2012.01); H02J 7/00 (2006.01); H02J 3/38 (2006.01)
CPC G06Q 50/06 (2013.01) [G06F 16/219 (2019.01); G06F 16/22 (2019.01); G06Q 40/04 (2013.01); G06Q 40/06 (2013.01); H02J 7/0013 (2013.01); H02J 7/00711 (2020.01); H02J 3/388 (2020.01)] 20 Claims
OG exemplary drawing
 
1. A system comprising:
a processor and a non-transitory memory device which stores computer executable instructions that, when executed by the processor, cause the processor to:
analyze, periodically, a portfolio database coupled with the processor and having stored therein data indicative of a portfolio containing at least one position in a product whose value fluctuates, at least in part, based on one or more times of year, to identify a variance in value in the portfolio without having to specifically identify the at least one position from among other remaining positions of the portfolio;
compute, based on the analysis, a margin requirement for the portfolio accounting for the identified variance; and
regulate, automatically via a communications network coupled between the processor and a storage device, storage of units of a remotely stored asset, whose unit value fluctuates based on the value product, in the storage device, a total value of the stored asset being based on a number of units stored therein, the regulation comprising transmission of an instruction to the storage device to electronically one of increase or decrease the number of units of the asset stored therein as a function of the computed margin requirement so as to change the total value of the stored asset in accordance therewith; and
wherein the computer executable instructions are further executable by the processor to cause the processor to cause the storage device to increase the number of units of the asset stored in the storage device when the computed margin requirement increases from a prior value, and decrease the number of units of the asset stored in the storage device when the computed margin requirement decreases from the prior value.