Invention Grant
- Patent Title: Compression of an exchange traded derivative portfolio
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Application No.: US17574061Application Date: 2022-01-12
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Publication No.: US11605130B2Publication Date: 2023-03-14
- Inventor: Suzanne Sprague , Sean Downey , Robert Taylor , Dhiraj Bawadhankar , Stephen Hurst , Matthew Simpson , Frederick Sturm
- Applicant: Chicago Mercantile Exchange Inc.
- Applicant Address: US IL Chicago
- Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee Address: US IL Chicago
- Agency: Lempia Summerfield Katz LLC
- Main IPC: G06Q40/04
- IPC: G06Q40/04 ; G06F7/08

Abstract:
An illustrative computing device may include a processor and a non-transitory memory device for storing a data structure capable of being compressed, where the data structure includes a plurality of data elements and each of the plurality of data elements includes a date field and a quantity field. The computing device may process instructions to arrange the plurality of data elements in a consecutive series in date order based on a value stored in the date field of each data element, determine whether a gap appears in the consecutive series of data elements based on a value stored in the quantity field of each element, remove the determined gaps in each of the data elements, and repeat the determining and removing steps until a predetermined criterion has been reached.
Public/Granted literature
- US20220138851A1 COMPRESSION OF AN EXCHANGE TRADED DERIVATIVE PORTFOLIO Public/Granted day:2022-05-05
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