SYSTEM FOR DYNAMICALLY ALLOCATING NATURAL RESOURCES

摘要

Systems and methods for creating a dynamic resource trust can receive and distribute physical quantities of a resource at a future date. These systems and methods can be implemented in a computer system that dynamically designs and/or values shares of the trust's resources. These systems and methods can permit potential users of resources to tailor the amounts of resources they obtain under different market conditions in the future, with potentially lower costs than costs associated with futures contracts.

主权项

1. A system for allocating resource rights, the system comprising:
a computer system comprising computer hardware, the computer system programmed to implement:
a dynamic resource trust creation module configured to at least partially generate a trust document specifying units to be issued to a resource provider in exchange for promised delivery of a resource, the trust document specifying rules for separating the units into subshares and for subsequently transforming the subshares into fractional units;a unit allocation module configured to enable dynamic repricing of the subshares by at least:
subdividing a unit into initial first and second complementary subshares at an initial separation price, the resource provider transferring ownership in at least one of the initial first and second complementary subshares,recombining the initial first and second complementary subshares into a second unit at a new separation price in response to a request from a subshare holder, andre-separating the second unit into new first and second complementary subshares at the new separation price, said dynamic repricing enabling price protection for the subshare holder even when one or more of the initial subshares is out-of-the-money; anda termination module configured to calculate the fractional units at termination of the dynamic resource trust by at least:
calculating a fraction of a unit for the new first complementary subshare based at least partly on a price of the resource, andcalculating a complementary fraction of a unit for the new second complementary subshare based on the unit fraction of the new first complementary subshare, wherein delivery of the resource is configured to be provided pro rata based on the fractional units.