Secure multi-server stabilized data packet exchange systems

Abstract

The SECURE MULTI-SERVER STABILIZED DATA PACKET EXCHANGE SYSTEMS (IRFI) provide efficient, secure data communication for data communication and exchange servers. The IRFI provides increased data exchange system security and efficiency for time-rate based data package communicators. The IRFI can use artificial neural networks that include three or more layers, with at least one input layer, a hidden layer and an output layer. The IRFI can obtain listing data relating to a data package, obtain characteristic parameters associated with the data package, determine a BP metric for the data package, calculate an exposure offset value based on the BP metric for the data package, receive evaluation data from an data packet exchange system, including a SY metric and a DV metric, calculate a delivery metric for the data package based on the evaluation data, and facilitate a communication of the delivery metric.

1 - 19 . (canceled) 
     
     
         20 . A computer-implemented method, comprising:
 receiving, from a communication device of a seller during a first time period, a data package including an indication to sell a first quantity of a contract on a security at a first yield, the contract not having a fixed notional value;   receiving, from a communication device of a buyer during the first time period, a data package including an indication to buy a second quantity of the contract on the security at the first yield;   matching the seller to the buyer such that the buyer purchased the second quantity of the contract from the seller at the first yield;   receiving, during a second time period after the first time period an indication of a second yield for the security set by a market, the second yield being higher than the first yield;   determining, without an iterative yield-to-price calculation, a variation margin for the buyer and the seller based on the second yield; and   transferring, from the buyer to the seller, funds equal to the variation margin.   
     
     
         21 . The computer-implemented method of  claim 20 , further comprising:
 receiving, from the buyer, an initial margin associated with the indication to buy the second quantity of the contract;   receiving, during the second time period and from the buyer, a data package including an indication to close the buyer's position; and   returning, to the buyer, the initial margin less the variation margin based on the indication to close the seller's position.   
     
     
         22 . The computer-implemented method of  claim 20 , wherein the buyer is a first buyer, the method further comprising:
 receiving, during the second time period and from the first buyer, a data package including an indication to close the first buyer's position; and   transferring an obligation associated with the second quantity of the contracts from the first buyer to a second buyer.   
     
     
         23 . The computer-implemented method of  claim 20 , wherein the buyer is a first buyer, the method further comprising:
 receiving, during the second time period and from the first buyer, a data package including an indication to close the first buyer's position;   transferring an obligation associated with the second quantity of the contracts from the first buyer to a second buyer;   receiving, during a third time period after the second time period, an indication of a settlement yield of the security; and   causing a transaction on the security to be executed during the third time period based on the second quantity of the contract such that the second buyer buys a quantity of the security and the seller sells the quantity of the security.   
     
     
         24 . The computer-implemented method of  claim 20 , wherein the buyer is a first buyer and the variation margin is a first variation margin, the method further comprising:
 receiving, during the second time period and from the first buyer, a data package including an indication to close the first buyer's position;   transferring an obligation associated with the second quantity of the contracts from the first buyer to the second buyer;   receiving during a third time period after the second time period an indication of a third yield for the security set by the market, the third yield being higher than the second yield;   determining during the third time period and without an iterative yield-to-price calculation, a second variation margin for the second buyer and the seller; and   transferring, from the second buyer to the seller, funds equal to the second variation margin.   
     
     
         25 . The computer-implemented method of  claim 20 , further comprising:
 receiving, during a third time period after the second time period, an indication of a settlement yield of the security;   determining, without iterative price-to-yield calculations, a margin between the first yield and the settlement yield; and   executing a transaction on the security, during the third time period, based on the second quantity of the contract such that the seller sells a quantity of the security and the buyer buys the quantity of the security.   
     
     
         26 . The computer-implemented method of  claim 20 , further comprising:
 receiving, during a third time period after the second time period, an indication of a settlement yield of the security;   determining, without iterative price-to-yield calculations, a settlement margin between the first yield and the settlement yield; and   executing a transaction on the security, during the third time period, equal to a value based on the second quantity of the contract such that the seller sells a quantity of the security at a price of par with the settlement yield less the settlement margin.   
     
     
         27 . The computer-implemented method of  claim 20 , wherein the contract obligates the buyer to buy the security and the seller to sell the security. 
     
     
         28 . A computer-implemented method, comprising:
 defining a plurality of contracts based on benchmark tenors and maturity of an underlying security, each contract from the plurality of contracts priced in yield;   receiving, from a user device during a first time period, a request to hedge against forward risk of changes in yield of the underlying security;   selecting a quantity of contracts from the plurality of contracts based on the request, the quantity of contracts selected to hedge against forward risk of changes in yield and not specifying a fixed quantity of the underlying security such that the quantity of contracts do not embed hidden convexity exposure;   receiving, during a second time period after the first time period, an indication of a settlement yield of the underlying security;   determining, without iterative price-to-yield calculations, a margin between the yield during the first time period and the settlement yield; and   executing a transaction on a quantity of the underlying security based on the quantity of contracts without a separate calculation, the margin settling into the transaction.   
     
     
         29 . The computer-implemented method of  claim 28 , wherein a cost associated with executing the transaction is reduced by the margin. 
     
     
         30 . The computer-implemented method of  claim 28 , wherein the transaction is executed during the second time period. 
     
     
         31 . The computer-implemented method of  claim 28 , wherein each contract from the plurality of contracts contains an obligation to buy the underlying security during the second time period. 
     
     
         32 . The computer-implemented method of  claim 28 , further comprising:
 receiving, during a third time period between the first time period and the second time period, an indication of a market yield; and   transferring funds to the user based on a difference between a yield during the first time period and the market yield during the third time period.   
     
     
         33 . The computer-implemented method of  claim 28 , wherein an exposure of each contract from the plurality of contracts is constant from the first time period to the second time period and independent of a market yield of the underlying security. 
     
     
         34 . The computer-implemented method of  claim 28 , wherein each contract from the plurality of contracts trades in round units of forward exposure. 
     
     
         35 . The computer-implemented method of  claim 28 , further comprising:
 matching the user to a seller, each contract from the plurality of contracts obligating the seller to sell the underlying security to the user during the second time period.   
     
     
         36 . The computer-implemented method of  claim 28 , wherein the seller is a first seller, the method further comprising:
 matching the user to the first seller, each contract from the plurality of contracts obligating the first seller to sell the underlying security to the buyer during the second time period;   receiving, from the first seller during a third time period between the first time period and the second time period, a data package including an indication to close the first seller's position; and   transferring an obligation to sell the underlying security to the user from the first seller to the second seller.   
     
     
         37 . The computer-implemented method of  claim 28 , wherein the seller is a first seller, the method further comprising:
 matching the user to the first seller, each contract from the plurality of contracts obligating the first seller to sell the underlying security to the buyer during the second time period;   receiving, from the first seller during a third time period between the first time period and the second time period, a data package including an indication to close the first seller's position;   transferring an obligation to sell the underlying security to the user from the first seller to the second seller; and   transferring funds between the user and the first seller during the third time period based on a difference between the yield during the first time period and a yield during the third time period.