Total return asset contracts and associated processing systems

US8024250B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Stephen G. Bodurtha · Stamford, US
• Satyanarayan Chada · New York, US
• Mitchell Cox · Towaco, US
• Thomas Lee · Levittown, US

Key dates

• Filing date: Sep 3, 2008
• Grant date: Sep 20, 2011
• Expiry date: Sep 3, 2028

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A novel vehicle investment that greatly simplifies ownership and implementation of futures so that the pricing, trading, and risk management characteristics of futures investment are more broadly accessible by investors. Trading and account processing is implemented on a data processing platform that facilitates expanded access and use of risk management via futures contracts.