Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2007-06-05
2010-10-12
Subramanian, Narayanswamy (Department: 3695)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S037000
Reexamination Certificate
active
07813987
ABSTRACT:
An ETF creation and redemption mechanism for use in managed Exchange Traded Fund (ETF) that retains the confidentiality of the ETF assets. An agency relationship is established with an AP representative who receives the underlying securities from the ETF as part of a like kind exchange in a redemption event. In an alternative embodiment, the AP representative may be used to obtain the portfolio securities as directed by the ETF to perform a creation event. The representative relationship is preferably established by an authorized participant (AP) according an agreement between the AP and the ETF.
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Criscitello Mark Steven
Kuhnle Paul Edward
McCabe Daniel Joseph
Simon George Tedesche
Thomas John Stuart
D12 Ventures, LLC
Donlon Ryan D
Foley & Lardner LLP
Subramanian Narayanswamy
LandOfFree
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