Warren Mosler - Hobe Sound FL, US William McCauley - Delray Beach FL, US James Sherman - Delray Beach FL, US
International Classification:
G06F017/60
US Classification:
705/037000, 705/026000
Abstract:
A method, system, computer program product, and data structure for trading in which a standardized contract is traded. The contract obligates a buyer and a seller to settle the contract based on a price of the contract at a first effective date. The contract is traded through an exchange that guarantees payment to the buyer of any amount owed to the buyer from the seller as a result of the contract and that guarantees payment to the seller of any amount owed to the seller from the buyer as a result of the contract. The price of the contract is determined based on preselected notional cash flows discounted by at least one point on an interest rate swap curve obtained from a preselected swap rate source.
Method, System, And Computer Program Product For Trading Interest Rate Swaps
Warren B. Mosler - Hobe Sound FL William P. McCauley - Delray Beach FL James M. Sherman - Delray Beach FL
Assignee:
Adams, Viner and Mosler, Ltd. - West Palm Beach FL
International Classification:
G06F 1760
US Classification:
705 37
Abstract:
A method, system, computer program product, and data structure for trading in which a standardized contract is traded. The contract obligates a buyer and a seller to settle the contract based on a price of the contract at a first effective date. The contract is traded through an exchange that guarantees payment to the buyer of any amount owed to the buyer from the seller as a result of the contract and that guarantees payment to the seller of any amount owed to the seller from the buyer as a result of the contract. The price of the contract is determined based on preselected notional cash flows discounted by an interest rate swap curve obtained from a preselected swap rate source.
Dr. Mccauley graduated from the University of Virginia School of Medicine in 1970. He works in Williamsport, PA and specializes in Pulmonary Disease. Dr. Mccauley is affiliated with Williamsport Regional Medical Center.
Specialist in Accounting for Income Taxes for public companies (FAS 109, Sarbox 404, FIN 48); specialist in International Financial Reporting Standards (IFRS)... Specialist in Accounting for Income Taxes for public companies (FAS 109, Sarbox 404, FIN 48); specialist in International Financial Reporting Standards (IFRS), accounting for income taxes (IAS 12); specialist in corporate tax accounting methods and changes in methods; industry focus is around...