System and method for wagering-based transferable financial instruments
US7233922B2 · kind B2 · utility
309Cited by
26References
21Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Sep 3, 2003 |
| Grant date | Jun 19, 2007 |
| Priority date | — |
| Expiry date | Sep 3, 2023 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F17/3288
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The invention provides a system and method for creating and facilitating the exchange of wagering-based transferable financial instruments. The instruments may be used to embody multiple various positions based upon the ultimate outcomes of uncertain future contingent events, including but not limited to outcomes of games of skill and chance. The invention further provides systems and platforms for monitoring, displaying information, and facilitating trading as to such instruments among multiple investment market participants, and a hosting or house participant, for time-variable buying and selling of such instruments.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.