Systems and methods for tracking price information in an online credit derivative trading system
AssigneeCreditex, Inc.
InventorsSunil G. Hirani, Mazyar M. Dar
Life of this patent
Estimating the term…
Abstract
A credit derivative trading system comprises a credit derivative authority configured to receive defined positions for credit derivatives and update a plurality of trader clients in real-time whenever there is movement in the market for a particular credit derivative. The credit derivative trading system also allows trader clients to define, and receive credit derivative information for specified reference entities and to create portfolios of reference entities for which credit derivative information is displayed and tracked on a portfolio basis.
Claims40
A credit derivative authority, comprising:
- a database configured to store credit derivative information for a plurality of reference entities;
- memory configured to store execution instructions;
- and
- a processor coupled with the database and the memory, the processor configured to execute the instructions, the instructions configured to cause the processor to receive search criteria related to certain of the plurality of reference entities, obtain credit derivative information related to the certain reference entities from the database based on the search criteria, and cause the credit derivative information retrieved from the database to be displayed.
A method for tracking credit derivative information, comprising:
- receiving search criteria related to a plurality of reference entities;
- obtaining credit derivative information related to the certain reference entities based on the search criteria;
- and
- causing the credit derivative information retrieved from the database to be displayed.
A method for optimizing the view of certain credit derivative information, comprising:
- receiving portfolio criteria from a trader client;
- selecting certain reference entities based on the received criteria;
- creating a portfolio of reference entities that includes the selected reference entities;
- and
- causing credit derivative information to be displayed to the trader client for the created portfolio.
A credit derivative authority, comprising:
- a database configured to store credit derivative information for a plurality of reference entities;
- memory configured to store execution instructions;
- and
- a processor coupled with the database and the memory, the processor configured to execute the instructions, the instructions configured to cause the processor to receive portfolio criteria from a trader client, select certain reference entities based on the received criteria, create a portfolio of reference entities that includes the selected reference entities, and cause credit derivative information to be displayed to the trader client for the created portfolio.
Dependencies are inferred from the claim text.