Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-05-10
2010-06-29
Cheung, Mary (Department: 3694)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
07747511
ABSTRACT:
In a system and method for managing risk of fluctuation on company share prices, a financial institution sells a put to a company on a specified number of shares of stock of the company, the put including a strike price that is a predetermined percentage less than a market price of the shares of stock of the company. The financial institution also purchases a call from the company on the specified number of shares of stock of the company, the call including a strike price that is a predetermined percentage greater than the market price of the shares of stock of the company.
REFERENCES:
patent: 5758097 (1998-05-01), Debe et al.
patent: 2003/0033240 (2003-02-01), Balson et al.
patent: 2003/0046218 (2003-03-01), Albanese et al.
Goldbaltt, “Trend: shorting for accelerated buyback programs. (stock buyback programs being used)”, American Banker, v162, n48, p. 18(1), Mar. 12, 1997.
Conway Elliot Stewart
Griffin, III Alfred Wilson
Hirsch Herman
Ortner William G.
Cheung Mary
Citigroup Global Markets Inc.
Milbank Tweed Hadley & McCloy LLP
LandOfFree
Method and system for issuing treasury equity-linked letters... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Method and system for issuing treasury equity-linked letters..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method and system for issuing treasury equity-linked letters... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-4228864