Index participation notes securitized by options contracts

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

C705S035000

Reexamination Certificate

active

07747514

ABSTRACT:
A computer implemented method includes determining a value for a tradable index share that tracks performance of an index. The tradable index share is backed by a fractional interest in a creation unit that includes a long call index option contract and a short put index options contract. The long call index options contract and the short index put options contract have the same initial strike price and the same expiration date.

REFERENCES:
patent: 5819238 (1998-10-01), Fernholz
patent: 6125363 (2000-09-01), Buzzeo et al.
patent: 6879964 (2005-04-01), Sauter et al.
patent: 6938009 (2005-08-01), Herbst et al.
patent: 6941280 (2005-09-01), Gastineau et al.
patent: 7062459 (2006-06-01), Herbst et al.
patent: 7085738 (2006-08-01), Tarrant
patent: 7089201 (2006-08-01), Dellinger et al.
patent: 7099838 (2006-08-01), Gastineau et al.
patent: 7124105 (2006-10-01), Hilton
patent: 7212993 (2007-05-01), Bodurtha et al.
patent: 7212997 (2007-05-01), Pine et al
patent: 7249077 (2007-07-01), Williams et al.
patent: 7283978 (2007-10-01), Frankel et al.
patent: 7310616 (2007-12-01), Sugahara
patent: 7319984 (2008-01-01), Frankel et al.
patent: 7373320 (2008-05-01), McDonough
patent: 7398243 (2008-07-01), Ocampo
patent: 7418417 (2008-08-01), Chacko et al.
patent: 2001/0025266 (2001-09-01), Gastineau et al.
patent: 2002/0046154 (2002-04-01), Pritchard
patent: 2002/0091616 (2002-07-01), Bloom et al.
patent: 2002/0128947 (2002-09-01), Sauter et al.
patent: 2002/0161684 (2002-10-01), Whitworth
patent: 2002/0194099 (2002-12-01), Weiss
patent: 2003/0018570 (2003-01-01), McCabe et al.
patent: 2003/0033232 (2003-02-01), Sugahara
patent: 2003/0115128 (2003-06-01), Lange et al.
patent: 2003/0120568 (2003-06-01), Chacko et al.
patent: 2003/0172026 (2003-09-01), Tarrant
patent: 2003/0225657 (2003-12-01), Whaley et al.
patent: 2003/0225658 (2003-12-01), Whaley et al.
patent: 2004/0044609 (2004-03-01), Moore
patent: 2004/0049448 (2004-03-01), Glickman
patent: 2004/0177022 (2004-09-01), Williams et al.
patent: 2004/0186803 (2004-09-01), Weber et al.
patent: 2004/0215538 (2004-10-01), Smith et al.
patent: 2004/0254871 (2004-12-01), Weiss
patent: 2005/0038726 (2005-02-01), Salomon et al.
patent: 2005/0049952 (2005-03-01), Carter
patent: 2005/0102214 (2005-05-01), Speth et al.
patent: 2005/0108146 (2005-05-01), Bond
patent: 2005/0119962 (2005-06-01), Bowen et al.
patent: 2005/0131789 (2005-06-01), Mintz
patent: 2005/0144107 (2005-06-01), Plonski
patent: 2005/0160024 (2005-07-01), Soderborg et al.
patent: 2005/0209947 (2005-09-01), Shafer
patent: 2005/0246197 (2005-11-01), Shepherd
patent: 2005/0262010 (2005-11-01), Tull, Jr. et al.
patent: 2006/0015433 (2006-01-01), Arnott et al.
patent: 2006/0080208 (2006-04-01), Harrison
patent: 2006/0100949 (2006-05-01), Whaley et al.
patent: 2006/0100955 (2006-05-01), Baldassini et al.
patent: 2006/0116944 (2006-06-01), Perg et al.
patent: 2006/0149645 (2006-07-01), Wood
patent: 2006/0218075 (2006-09-01), Feldman et al.
patent: 2006/0253376 (2006-11-01), Seale et al.
patent: 2006/0265301 (2006-11-01), Chorna et al.
patent: 2006/0271461 (2006-11-01), Chorna et al.
patent: 2007/0011069 (2007-01-01), Bevacqua, Jr.
patent: 2007/0130041 (2007-06-01), Strela et al.
patent: 2007/0203855 (2007-08-01), Fisher
patent: WO2004/034196 (2004-04-01), None
CBOT, “Trading the CBOT mini-sized Dow,” Oct. 2003, www.cbot/dow, vol. II, iss. 1, p. 1-20.
CME, “E-Mini Russell 2000 Options Strategy LIstings on CME Globex,” Mar. 2005, www. cme.com, p. 1-6.
Jim Graham, “Put/Call Parity and Synthetic Positions,” Dec. 2003, www.optionvueresearch.com, p. 1-3.
Scott Barrie, The Complete Idiiot's Guidt to Options and Futures, 2001, Alpha Books, p. 1, 120-121.
Clifford Chance, Letter to Securities and Exchange Commission, Mar. 1, 2005, pp. 1-19.
Shelly Naterberg, “Put-call parity,” Mar. 1, 1990, Tea & Coffee Trade Journal, pp. 1-3.
$500,000,000 Barclays Bank PLC,—IPath Exchange Traded Notes due Jun. 12, 2036 Linked to the GSCI Total Return Index- Medium Term Notes, Series A- Jun. 6, 2006.
Rubinstein, M., “Market Basket Alternatives”, Financial Analysts Journal, Sep.-Oct. 1989, 16 pgs.
American Stock Exchange—original SEC filing for Equity Index Participations, File No. SR-Amex-88-10.
Direxion Funds, prospectus dated May 1, 2006 and supplemented May 11, 2006.
SEC approval order—Securities Exchange Act Releast No. 26709 (Apr. 11, 1989), 54 FR 15280.
U.S. Court of Appeals, 7thCir.,Chicago Mercantile Exchange et al.v.Securities and Exchange Commission, 883 F.2d 537 (7thCir., Aug. 18, 1989).
Australian Stock Exchange, “LEPOs: Low Exercise Price Options Explanatory Booklet” [online] Jun. 2003, p. 1-21, [retrieved on Nov. 16, 2008]. Retrieved from the Internet: URL:hhtp://www.asx.com.au/markets/pdf/UnderstandingLEPOs.pdf, especially page 3, left column, first paragraph; page 15, right column, third and fourth paragraphs, 25 pages.
Notification of Transmittal of the International Search Report and The Written Opinion of the International Searching Authority, or the Declaration, PCT/US07/66407, 13 pages, Dec. 17, 2008.
International Preliminary Report on Patentability/Written Opinion of the International Searching Authority, PCT/US2007/066408, Nov. 26, 2008, 9 pages.
International Preliminary Report on Patentability/Written Opinion of the International Searching Authority, PCT/US2007/066418, Nov. 21, 2008, 8 pages.
Notification of Transmittal of the International Search report and The Written Opinion of the International Searching Authority, or the Declaration, PCT/US/07/66418, 12 pages, Nov. 21, 2008.
Notification of Transmittal of the International Search report and The Written Opinion of the International Searching Authority, or the Declaration, PCT/US07/66408, 14 pages, Nov. 26, 2008.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Index participation notes securitized by options contracts does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Index participation notes securitized by options contracts, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Index participation notes securitized by options contracts will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-4179245

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.