Financial instrument for a specific deliverable product on a...

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Reexamination Certificate

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C705S035000

Reexamination Certificate

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07966245

ABSTRACT:
A new class of instruments extends the use or operation of futures contracts to encompass specific deliverable products on a daily settlement basis. These new instruments can be created to cover a wide range of market sectors and financial classes. The new instruments are exchange traded instruments that define exactly and exclusively the instrument to be exchanged at the end of the trading period.

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