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Systems and methods for monitoring credit of trading couterparties

  • US 20020032635A1
  • Filed: 01/05/2001
  • Published: 03/14/2002
  • Est. Priority Date: 01/06/2000
  • Status: Active Grant
First Claim
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1. A method for monitoring credit of a counterparty having a parent entity, comprising:

  • receiving trade information relating to trades entered into by the counterparty;

    accumulating positions for the counterparty indicated by the trade information with previously accumulated positions;

    accumulating positions for the parent entity indicated by the trade information with previously accumulated positions;

    comparing at least one of accumulated counterparty positions and accumulated parent entity positions with at least one trading limit; and

    shutting off trading for the counterparty when at least one of the accumulated counterparty positions and the accumulated parent entity positions exceeds the at least one trading limit.

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