SYSTEM AND METHOD FOR WAGERING-BASED TRANSFERABLE FINANCIAL INSTRUMENTS

摘要

The invention provides a system and method for creating and facilitating the exchange of wagering-based transferable financial instruments. The instrumen ts may be used to embody multiple various positions based upon the ultimate outcomes of uncertain future contingent events, including but not limited to outcomes of games of skill and chance. The invention further provides system s and platforms for monitoring, displaying information, and facilitating tradi ng as to such instruments among multiple investment market participants, and a hosting or house participant, for time-variable buying and selling of such instruments.