Synthetic funds having structured notes
US8756136B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Sep 6, 2012 |
| Grant date | Jun 17, 2014 |
| Priority date | — |
| Expiry date | Sep 15, 2032 |
Classification
- Technology area (CPC Y)Emerging Cross-Sectional Technologies
- CPC primaryY10S707/99953
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The present invention relates to synthetic funds for purchase by investors. A structured note is structured to provide customized equity returns/exposure. Terms of each structured note may be specified by the purchaser and the structured notes may be unsecured liabilities of the obligor, e.g., there are no underlying assets upon which the structure note is based. Thus, there will be no limits on the use of structured note proceeds and management of assets and liabilities will be left entirely to the obligor's discretion. Structured note payment obligations may be related to the performance of an objective valuation, but structured note holders will depend on the good credit of the obligor for payment.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.