PATENT CLAIM ANALYSIS

Application Number: 15876681
Application Type: Utility
Filing Date: 2018-01
Publication Date: 2018-05
Patent Classification: ["705", "037000"]

Abstract:
Methods and systems for an exchange to handle variable derivative product order prices are disclosed. The price of a derivative product order (bid or offer) is updated based on changes in the price of a related underlying product. Price determination variable(s), such as delta and gamma, are used to determine the price of the order. The exchange may periodically recalculate the price without requiring the trader to transmit additional information to the exchange.

Claim (Index 11):
The method of  claim 10 , wherein the at least one price determination variable represents a rate of change in a financial instrument's theoretical value for a one-unit change in volatility of an underlying financial instrument.

Metadata:
- Claim Count in Document: 50.0
- Percentile: 86.0
- Lexical Diversity: 1.58491
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['10385152', '11556499', '12688467', '11953650', '12966467']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1432341952141548
- 35 USC 102 Novelty (BERT): 0.5424326462217578
- Combined Prediction Score: 0.1831540403149151
- Mean Citation Score: 379.48212
- Max Citation Score: 389.77817000000016
- Similarity Product: 269.144157821808

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test