Financial products based on a serialized index

US8612336B2 · kind B2 · utility

Assignee

• Intercontinental Exchange Holdings, Inc. · US

Inventors

• John Harding · San Francisco, US
• Thomas Farley · New York, US
• David Goone · Glencoe, US
• Chris Crowley · Brooklyn, US
• Chris Edmonds · Newcastle, AU
• Mark Rowell · London, GB
• Jeffrey Sprecher · Atlanta, US
• Stanislav Ivanov · Clarendon Hills, US
• Donald F. Sternard · Clarendon Hills, US

Key dates

• Filing date: Oct 22, 2012
• Grant date: Dec 17, 2013
• Expiry date: Oct 22, 2032

Classification

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

Abstract

A method for trading financial instruments includes listing, by an electronic financial exchange, financial instruments that specify which version of a serialized index the financial instrument tracks; receiving, by the electronic financial exchange, an electronic indication to buy or sell the financial instrument; executing, by the electronic financial exchange, a trade involving the financial instrument; and settling the financial instrument according to the version of the serialized index specified by the financial instrument.