Weather-based financial index
First Claim
1. A method for generating a weather-based financial index, comprising:
- combining a plurality of financial components, thereby generating a combination of components; and
dividing the combination of components by a value of a weather factor, thereby generating the weather-based financial index.
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Accused Products
Abstract
A weather-based financial index is based at least in part on weather. The index may take into account any of a variety of weather factors, such as temperature, precipitation, humidity, number of sunny or overcast days in a period of time, number of freeze days in a period of time, etc. Weather factor value(s) are combined with one or more financial components to provide the weather-based financial index. The index may be traded on an exchange, such as the New York Mercantile Exchange (NYMEX). The value of the index may be calculated based on any period, such as daily, weekly, monthly, yearly, etc. Values of the index may provide insight into the direction of a component of the index, a market or industry corresponding to the component, or the index itself.
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Citations
50 Claims
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1. A method for generating a weather-based financial index, comprising:
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combining a plurality of financial components, thereby generating a combination of components; and
dividing the combination of components by a value of a weather factor, thereby generating the weather-based financial index. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
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18. A computer program product comprising logic embodied in a medium for causing a computer system to generate a weather-based financial index, the logic including:
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a first module that causes the computer system to combine a plurality of financial components, thereby generating a combination of components; and
a second module that causes the computer system to divide the combination of components by a value of a weather factor, thereby generating the weather-based financial index. - View Dependent Claims (19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34)
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35. A method of generating a weather-based financial index, comprising:
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identifying a financial component and a value of a weather factor; and
combining the financial component and the weather factor value, thereby providing the weather-based financial index. - View Dependent Claims (36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50)
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Specification