Network-based sub-allocation systems and methods for swaps

• US 20040107157A1
• Filed: 03/03/2003
• Published: 06/03/2004
• Est. Priority Date: 12/03/2002
• Status: Active Grant

• Current Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Original Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Inventors: Dalban, Christian, Karotsch, Eliane, Bleunven, Daniel, Miller, Andrew DJ
• Granted Patent: US 7,769,650 B2
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

Network-based systems and methods for hosting and operating a network-based platform that allows clients to open and build a portfolio-swap account that is subdivided into a plurality of client sub-accounts or funds. The methods and systems of the invention allow the client to sub-allocate equity-swap transactions among its various client sub-account or funds as the client deems appropriate.

Claims

1. A method for sub-allocating one or more swaps among a plurality of accounts comprising:

(a) accessing a network-based platform comprising the plurality of accounts;

(b) displaying the one or more swaps on an interface;

(c) selecting at least one of the one or more swaps by way of the interface; and

(d) sub-allocating the selected swap into one or more of the plurality of accounts by way of the interface.

2. The method of claim 1, wherein the network comprises the Internet.

3. The method of claim 1, wherein the interface is one or more web pages.

4. The method of claim 1, wherein the platform is an internet server.

5. The method of claim 1, wherein sub-allocating the selected swap among the plurality of accounts comprises entering a percentage of the selected swap to be allocated.

6. The method of claim 1, further comprising entering into the one or more swaps by way of the interface.

7. The method of claim 1, further comprising interacting with the interface to access a network-based trading platform and executing a financial transaction by way of the network-based trading platform.

8. The method of claim 7, wherein the financial transaction is purchase or sale of a listed commodity.

9. A system for sub-allocating one or more swaps among a plurality of accounts comprising:

(i) a memory storage device;

(ii) a computer processor connected to the storage device;

(iii) one or more computer software programs for controlling the computer processor;

wherein the memory storage device and the processor are operative with the programs to;

(a) access a network-based platform comprising the plurality of accounts;

(b) display the one or more swaps on an interface;

(c) allow a user to interact with the interface to select at least one of the one or more swaps; and

(d) allow a user to interact with the interface to sub-allocate the selected swap into one or more of the plurality of accounts.

10. The system of claim 9, wherein the network comprises the Internet.

11. The system of claim 9, wherein the interface is one or more web pages.

12. The system of claim 9, wherein the platform is an internet server.

13. The system of claim 9, wherein the accounts are mutual funds.

14. The system of claim 9, wherein the memory storage device and the processor are operative with the program such that the user may interact with the interface to sub-allocate the selected swap into one or more of the plurality of accounts by entering a percentage of the selected swap to be allocated.

15. The system of claim 9, wherein the memory storage device and the processor are further operative with the program such that the user may interact with the interface to enter into one or more swap transactions.

16. The system of claim 9, wherein the memory storage device and the processor are further operative with the program such that the user may interact with the interface to access a network-based trading platform and execute a financial transaction.

17. The system of claim 16, wherein the financial transaction is purchase or sale of a listed commodity.

18. A computer readable medium programmed with computer software that is operative to cause a system comprising a memory storage device and a processor to:

(a) access a network-based platform comprising a plurality of accounts;

(b) display one or more swaps on an interface;

(c) allow a user to interact with the interface to select at least one of the one or more swaps; and

(d) allow a user to interact with the interface to sub-allocate the selected swap into one or more of the plurality of accounts.

19. The computer-readable medium of claim 18, wherein the network comprises the Internet.

20. The computer-readable medium of claim 18, wherein the interface is one or more web pages.

21. The computer-readable medium of claim 18, wherein the platform is an Internet server.

22. The computer-readable medium of claim 18, wherein the accounts are mutual funds.

23. The computer-readable medium of claim 18, operative such that the user may interact with the interface to sub-allocate the selected swap into one or more of the plurality of accounts by entering a percentage of the selected swap to be allocated.

24. The computer-readable medium of claim 18, operative such that the user may interact with the interface to enter into one or more swap transactions.

25. The computer-readable medium of claim 18, further operative such that the user may interact with the interface to access a network-based trading platform and execute a financial transaction.

26. The computer-readable medium of claim 25, wherein the financial transaction is purchase or sale of a listed commodity.