Credit event fixings

US7783560B2 · kind B2 · utility

Assignee

• Creditex Group, Inc. · US

Inventors

• Sunil G. Hirani · Bedford, US
• Scott Hassal · Hamilton, CA
• F. Charles Doerr · New York, US
• Mazyar Dar · New York, US

Key dates

• Filing date: Aug 22, 2006
• Grant date: Aug 24, 2010
• Expiry date: Apr 19, 2028

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Disclosed are methods and systems for transacting credit derivatives. The methods and systems allow for the calculation of the final cash settlement prices for credit derivatives following a credit event, such as a corporate bankruptcy.