Method and apparatus for listing and trading a futures...

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Reexamination Certificate

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C705S03600T, C705S035000

Reexamination Certificate

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07930238

ABSTRACT:
According to some embodiments, a futures contract is listed on a futures trading exchange. The futures contract physically settles upon expiration into a reference swap. The reference swap is cleared by a clearing house so that the physical settlement requires that the holder of a position in the futures contract upon expiration takes a specified side of the reference swap against the clearing house. The reference swap may for example be a credit default index swap, a single-name credit default swap, an interest rate swap or a yield curve swap.

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