×

Price earnings derivative financial product

  • US 8,412,607 B2
  • Filed: 08/14/2012
  • Issued: 04/02/2013
  • Est. Priority Date: 02/03/2006
  • Status: Active Grant
First Claim
Patent Images

1. A system for using an earnings to value a financial product based upon at least one equity as part of a transaction, the system comprising;

  • a programmed computer processor configured m calculate a payoff using an earnings function and a quantity, in accordance with a contract, the earnings function outputting a strike earnings;

    wherein the contract specifies the earnings function and the earnings function is associated with a set comprising at least one equity, the contract further specifying the quantity associated with the set comprising at least one equity, and a transaction comprises at least part of the payoff.

View all claims
  • 1 Assignment
Timeline View
Assignment View
    ×
    ×