Trend Contract

• US 20080015967A1
• Filed: 07/14/2006
• Published: 01/17/2008
• Est. Priority Date: 07/14/2006
• Status: Abandoned Application

• Current Assignee: Joseph Melville Gilmer
• Original Assignee: Joseph Melville Gilmer
• Inventors: Gilmer, Joseph Melville
• Application Number:
  US11/457,513
• Publication Number:
  US 20080015967A1
• Time in Patent Office: Days
• US Class Current: 705/37
• 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

Abstract

This invention is a financial instrument and method for allowing the market to determine, through pricing, the reliability of a trend as calculated by a corresponding technical analysis indicator. This invention can also be used as a measure of the influence that technical investors or fundamental investors have on the pricing of an item or event of interest.

Claims

1. A financial instrument and method that creates a contractual relationship between a buyer and a seller, granting both parties the right to receive and the obligation to remit financial consideration at some predetermined date. Said financial consideration will be determined as the difference between a buyer'"'"'s or seller'"'"'s original purchase or sales price of the financial instrument and the value of a corresponding technical analysis indicator that was calculated from input data representing a specific aspect or activity of the financial instrument'"'"'s underlying item or event of interest.

2. The financial instrument and method according to claim 1, in which the financial consideration determined value is adjusted by an accounting factor such that the value will be expressed in monetary terms.

3. The financial instrument and method according to claim 1, in which bids and offers can be made to buy and sell the financial instrument on a real time basis and where these bids and offers, when matched, result in a trade and a market price for the financial instrument.

4. The financial instrument and method according to claim 1, in which the contractual relationship is between the buyer or seller and a third party guaranty or clearing organization.

5. A method of comparing the market price of the financial instrument and method according to claim 3, in which the market price of the financial instrument is compared to the calculated value of the financial instrument'"'"'s corresponding technical analysis indicator.

6. A method of comparing the market price of the financial instrument and method according to claim 3, in which the market price of the financial instrument is compared to the input data used in the financial instrument'"'"'s corresponding technical analysis indicator calculation.