KONSTANTIN ZALUTSKY
Pilots at Regal Rd, Bethlehem, PA
License number
Pennsylvania C1052738
Category
Airmen
Address
Address
3302 Regal Rd, Bethlehem, PA 18020
Professional information
Fair Value Model Based System, Method, And Computer Program Product For Valuing Foreign-Based Securities In A Mutual Fund
US Patent:
2004021, Oct 21, 2004
Filed:
Apr 3, 2003
Appl. No.:
10/405640
Inventors:
Ananth Madhavan - New York NY, US
Jian Yang - Sharon MA, US
Leonid Zosin - Waltham MA, US
Konstantin Zalutsky - Bethlehem PA, US
Artem Asriev - Winchester MA, US
Gabriel Butler - Somerville MA, US
Jian Yang - Sharon MA, US
Leonid Zosin - Waltham MA, US
Konstantin Zalutsky - Bethlehem PA, US
Artem Asriev - Winchester MA, US
Gabriel Butler - Somerville MA, US
International Classification:
G06F017/60
US Classification:
705/036000
Abstract:
A method for determining fair value prices of financial securities of international markets includes the steps of selecting a universe of securities of a particular international market; computing overnight returns of each security in the selected universe over a predetermined past period of time; selecting at least one return factor of a domestic financial market from a plurality of return factors; computing, for each selected return factor, the return factor's daily return over said predetermined past period of time; calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return; and storing each calculated return factor coefficient in a data file; wherein the stored return factor coefficients can be used in conjunction with current return factor daily return values to predict current overnight returns for all securities in the selected universe of securities, which predicted current overnight returns can be used in conjunction with closing prices on said particular international market of each security of said selected universe to determine a fair value price of each security of the selected universe. A system and computer program product for implementing the method also are provided.
Fair Value Model Based System, Method, And Computer Program Product For Valuing Foreign-Based Securities In A Mutual Fund
US Patent:
8407127, Mar 26, 2013
Filed:
Jun 12, 2012
Appl. No.:
13/494225
Inventors:
Ananth Madhavan - New York NY, US
Jian Yang - Sharon MA, US
Leonid Zosin - Waltham MA, US
Konstantin Zalutsky - Bethlehem PA, US
Artem Asriev - Winchester MA, US
Gabriel Butler - Somerville MA, US
Jian Yang - Sharon MA, US
Leonid Zosin - Waltham MA, US
Konstantin Zalutsky - Bethlehem PA, US
Artem Asriev - Winchester MA, US
Gabriel Butler - Somerville MA, US
Assignee:
ITG Software Solutions, Inc. - Culver City CA
International Classification:
G06Q 40/00
US Classification:
705 36R, 705 35, 705 37
Abstract:
A system for determining fair value prices of financial securities of international markets includes selecting a universe of securities of a particular international market, computing overnight returns of each security in the selected universe over a predetermined past period of time, selecting at least one return factor of a domestic financial market from a plurality of return factors, computing, for each selected return factor, the return factor's daily return over said predetermined past period of time, calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return, and producing each calculated return factor coefficient in a data stream.
Fair Value Model Based System, Method, And Computer Program Product For Valuing Foreign-Based Securities In A Mutual Fund
US Patent:
2013028, Oct 24, 2013
Filed:
Mar 15, 2013
Appl. No.:
13/841537
Inventors:
Jian YANG - Sharon MA, US
Leonid ZOSIN - Waltham MA, US
Konstantin ZALUTSKY - Bethlehem PA, US
Artem ASRIEV - Winchester MA, US
Gabriel BUTLER - Somerville MA, US
Leonid ZOSIN - Waltham MA, US
Konstantin ZALUTSKY - Bethlehem PA, US
Artem ASRIEV - Winchester MA, US
Gabriel BUTLER - Somerville MA, US
International Classification:
G06Q 40/06
US Classification:
705 36 R
Abstract:
A system for determining fair value prices of financial securities of international markets includes selecting a universe of securities of a particular international market, computing overnight returns of each security in the selected universe over a predetermined past period of time, selecting at least one return factor of a domestic financial market from a plurality of return factors, computing, for each selected return factor, the return factor's daily return over said predetermined past period of time, calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return, and producing each calculated return factor coefficient in a data stream.