Patent · US Active

Financial game with combined assets

US8118654B1 · kind B1 · utility

365Cited by
33References
33Claims
0Family size

Inventors

Key dates

Filing dateDec 26, 2007
Grant dateFeb 21, 2012
Priority date
Expiry dateSep 17, 2030

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/06
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

The disclosure includes a method for a financial forecasting game wherein players can take positions on specific very high leverage option-type products. It includes related mathematical modeling methods which can be used to operate these option-type products under the form of a game. It includes, namely, methods to determine probability laws, validate and optimise models, calculate risks, measure individual performance, use steering variables such as tolerance margins and volatility-driven point values. It includes, as a specific application, detailed mathematical formulas to operate the game with three market indexes.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.