US Patent Issued to Chicago Mercantile Exchange on April 7 for "Futures margin modeling system having seasonality detection" (American, British, Swiss Inventors)

ALEXANDRIA, Va., April 7 -- United States Patent no. 12,597,083, issued on April 7, was assigned to Chicago Mercantile Exchange Inc. (Chicago).

"Futures margin modeling system having seasonality detection" was invented by Jennifer Yingying Weng (Brooklyn, N.Y.), Nikhil Joshi (New York), Guo Chen (Chicago), Siwen Yang (Chicago), Zijiang Yang (Chicago), Xiaowen Xu (Chicago), Shuo Liu (London) and Sebastiano Rossi (Zurich).

According to the abstract* released by the U.S. Patent & Trademark Office: "A physical container (e.g., a battery) may be filled up (charged) or emptied (discharged) with energy commensurate with requirements to post a particular amount of collateral. The disclosure provides computing systems and methods for processing da...