Method and system for creating and trading derivative investment instruments based on an index of investment management companies

US8204816B2 · kind B2 · utility

Assignee

• Chicago Board Options Exchange, Incorporated · US

Inventors

• William L. Brodsky · Binghamton, US
• William Speth · Evanston, US

Key dates

• Filing date: Aug 16, 2011
• Grant date: Jun 19, 2012
• Expiry date: Aug 16, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/08
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method and system for creating a stock index for a group of investment management companies is disclosed. The method may include obtaining first trade information for each security representative of the group of investment management companies during a first time period, aggregating the first trade information for a predetermined time period, storing the aggregated first trade information, calculating from the aggregated first trade information an index for the group of investment management companies, determining a standardized measure of the index based on the aggregated first trade information obtained in the first time period, and periodically recalculating the index based on second trade information for each security representative of the group of investment management companies during a second time period.