System and method for creating and trading a derivative investment instrument over a range of index values
US8719145B2 · kind B2 · utility
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88References
19Claims
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Key dates
| Filing date | Mar 16, 2012 |
| Grant date | May 6, 2014 |
| Priority date | — |
| Expiry date | Mar 16, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/123
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An investment instrument based on a range of index values is disclosed that allows investors to take risk positions relative to the size, or length, of the range. The investment instrument has a monetary value that increases as the index value increases within a low range interval of the range, decreases as the index value increases within a high range interval of the range, and is fixed or capped if the index value falls within a middle range interval of the range. Typically, one settlement amount will be zero and the other will be an amount greater than the investment instrument price.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.