Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2008-01-01
2008-01-01
Kazimi, Hani M. (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S037000
Reexamination Certificate
active
10220159
ABSTRACT:
A method for providing a bid price and/or an offer price of an option relating to an underlying asset, the method including the steps of receiving first input data corresponding to a plurality of parameters defining the option, receiving second input data corresponding to a plurality of current market conditions relating to the underlying value, computing a corrected theoretical value of the option based on the first and second input data (110), computing a bid/offer spread of the option based on the first and input data (116), computing a bid price and/or an offer price of the option based on the corrected theoretical value and the bid/offer spread (118), and providing an output corresponding to the bid price and/or the offer price of the option.
REFERENCES:
patent: 3933305 (1976-01-01), Murphy
patent: 5557517 (1996-09-01), Daughterty, III
patent: 5873071 (1999-02-01), Ferstenberg et al.
patent: 5926801 (1999-07-01), Matsubara et al.
patent: 6016483 (2000-01-01), Rickard et al.
patent: 6061662 (2000-05-01), Makivic
patent: 6178406 (2001-01-01), Cheetham et al.
patent: 6546375 (2003-04-01), Pang et al.
patent: 6839686 (2005-01-01), Galant
patent: 6912511 (2005-06-01), Eliezer et al.
Jex, Mark. Robert Henderson, and David Wang. “Pricing Exotics under the Smile.” Risk. Nov. 1999.
Downes, John and Jordan Elliot Goodman. Barron's Dictionary of Finance and Investment Terms. “Derivative Pricing Models” and “Option Pricing” Copyright 1998.
Huang, Roger D. and Hans R. Stoll. “The Components of the Bid-Ask Spread: A General Approach.” The Review of Financial Studies. Winter 1997; 10, 4.
Eitan Law Group
Kazimi Hani M.
Kesack Dan
Superderivatives, Inc.
LandOfFree
Method and system for pricing options 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 pricing options, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method and system for pricing options will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-3949376