发明名称 |
DERIVATIVES HAVING DEMAND-BASED, ADJUSTABLE RETURNS, AND TRADING EXCHANGE THEREFOR |
摘要 |
Methods and systems for replicating derivatives strategies and for trading derivatives strategies in a demand-based trading market are described. In one embodiment, a set of contingent claims are created to replicate a derivatives strategy. One or more parameters of a contingent claim in the replication set may be determined as a function of one or more parameters of a derivatives strategy and an outcome of the event. An investment amount for a contingent claim in the replication set may be determined as a function of one or more parameters of the contingent claim and a total amount invested in a demand-based auction. In other embodiments, derivatives strategies and/or financial products are enabled to be traded in a demand-based auction and are offered to customers and/or traded in the auction. In another embodiment, a derivatives strategy is replicated by a set of one or more digitals or digital options by determining one or more parameters of the digitals or digital options in the replication set as a function of one or more parameters of the derivatives strategy. |
申请公布号 |
EP1495426(A4) |
申请公布日期 |
2006.05.31 |
申请号 |
EP20030721379 |
申请日期 |
2003.03.13 |
申请人 |
LONGITUDE, INC. |
发明人 |
LANGE, JEFFREY;BARON, KENNETH |
分类号 |
G06F;G06Q30/00;G06Q40/00;G07F7/10;H01L21/28;H01L21/324;H01L29/49 |
主分类号 |
G06F |
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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