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Computer-implemented securities trading system

  • US 8,756,142 B1
  • Filed: 12/17/1999
  • Issued: 06/17/2014
  • Est. Priority Date: 03/25/1996
  • Status: Expired due to Fees
First Claim
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1. A method, comprising:

  • setting, using a computing device, an initial price for a derivative financial instrument that represents a movie in an entertainment industry, in which setting the initial price comprises;

    setting the initial price for the derivative financial instrument based at least in part on a potential box office revenue for the movie;

    receiving via a remote device a first order to buy the derivative financial instrument that represents the movie in the entertainment industry, the derivative financial instrument comprising a stock for trading over a network;

    receiving via the remote device a second order to sell the derivative financial instrument;

    setting, using the computing device, a market price for the derivative financial instrument based at least in part on the first order and the second order, in which the computing device and the remote device are in communication; and

    executing a trade of the derivative financial instrument at the set market price.

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