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Method and system for improving the liquidity of transactions for PM pools and auctions

  • US 20040006528A1
  • Filed: 06/20/2003
  • Published: 01/08/2004
  • Est. Priority Date: 06/20/2002
  • Status: Abandoned Application
First Claim
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1. A method for improving liquidity of transactions for a first plurality of contracts for a pari-mutuel (PM) pool or an auction, the method comprising the steps of:

  • providing a complete set including a second plurality of contracts corresponding to the first plurality of contracts, the complete set guaranteeing at least an initial settlement value at at least one particular time, the complete set corresponding to a settlement value, the settlement value being determined based upon the initial settlement value.

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