发明名称 |
System and method for creating and trading a derivative investment instrument over a range of index values |
摘要 |
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. |
申请公布号 |
US8165953(B2) |
申请公布日期 |
2012.04.24 |
申请号 |
US20070849835 |
申请日期 |
2007.09.04 |
申请人 |
O'CONNELL MARTY;HIATT, JR. JOHN;SPETH WILLIAM;CHICAGO BOARD OPTIONS EXCHANGE, INCORPORATED |
发明人 |
O'CONNELL MARTY;HIATT, JR. JOHN;SPETH WILLIAM |
分类号 |
G06Q40/00 |
主分类号 |
G06Q40/00 |
代理机构 |
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代理人 |
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主权项 |
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地址 |
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