Method and system for creating and trading corporate debt security derivative investment instruments
US8027904B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Apr 21, 2006 |
| Grant date | Sep 27, 2011 |
| Priority date | — |
| Expiry date | Apr 26, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method of creating and trading corporate debt security derivative investment instruments on an exchange, as well as a trading facility for trading such derivatives, is disclosed. Corporate debt security derivative investment instruments are created by identifying a credit rating service that includes a plurality of risk categories. Unique monetary values are mapped to risk categories and an entity rated by the credit rating service is identified. A corporate debt security derivative investment instrument is then created whose value is determined at least in part by the monetary value to which the risk category associated with the rated entity is mapped.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.