Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Patent
1996-09-17
1999-03-16
MacDonald, Allen R.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
705 1, 705 4, 705 35, 705 37, 2731382, 364918, G06F 1760
Patent
active
058842861
ABSTRACT:
The present invention introduces an apparatus and process which may be implemented on a vast variety of computer systems. The apparatus and process of the present invention use a computer system to receive and store data representative of a particular asset, a type of option (call or put), requested exercise price and a multitude of other variables related to the asset. The apparatus and process then generate data representative of an expirationless option premium for use in transacting an expirationless option.
REFERENCES:
patent: 3634669 (1972-01-01), Soumas et al.
patent: 4597046 (1986-06-01), Musmanno et al.
patent: 4598367 (1986-07-01), DeFrancesco et al.
patent: 4674044 (1987-06-01), Kalmus et al.
patent: 4766539 (1988-08-01), Fox
patent: 4774663 (1988-09-01), Musmanno et al.
patent: 4823265 (1989-04-01), Nelson
patent: 4910676 (1990-03-01), Alldredge
patent: 4942616 (1990-07-01), Linstroth et al.
patent: 5003473 (1991-03-01), Richards
patent: 5083782 (1992-01-01), Nilssen
patent: 5101353 (1992-03-01), Lupien et al.
patent: 5132899 (1992-07-01), Fox
patent: 5202827 (1993-04-01), Sober
patent: 5692233 (1997-11-01), Garman
patent: 5721831 (1998-02-01), Waits et al.
patent: 5745383 (1998-04-01), Barber
patent: 5765141 (1998-06-01), Spector
patent: 5774878 (1998-06-01), Marshall
patent: 5774883 (1998-06-01), Anderson et al.
Robert C. Merton 1973 Theory of Rational Option Pricing, Bell Journal of Economics and Management Science 4, 141-183.
Clifford W. Smith Jr. 1990 The Handbook of Financial Engineering, Ch. 11, Option Pricing: A Review, pp. 255-303, Harper Business Books, U.S.A.
John C. Cox et al. 1990 The Handbook of Financial Engineering, Ch. 13, Option Pricing: A Simplified Approach, pp. 316-325, Harper Business Books, U.S.A.
Irshadullah M.
MacDonald Allen R.
LandOfFree
Apparatus and process for executing an expirationless option tra does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Apparatus and process for executing an expirationless option tra, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Apparatus and process for executing an expirationless option tra will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-827493