Patent ID: 7603310

Claim:
A data processing system for managing futures contracts that are based on baskets of credit default swaps as underlyings, comprising: a data storage configured to store data identifying each credit default swap of at least two baskets, and store repetitively updated values for credit default swaps of said at least two baskets; a command input unit configured to receive a parallelization command indicating at least one credit default swap from a first basket identified by data stored in said data storage, said at least one credit default swap being a credit default swap not having suffered a credit event; and a data generator configured to generate, in response to a received parallelization command, data identifying a second basket of credit default swaps having all credit default swaps of the first basket except for said at least one credit default swap, and store the generated data in said data storage, wherein said data storage is configured to store repetitively updated values for credit default swaps of said second basket and continue storing repetitively updated values for credit default swaps of said first basket.