Is a
Patent attributes
Patent Jurisdiction
Patent Number
Patent Inventor Names
Steven M. Bloom0
Date of Patent
September 7, 2010
Patent Application Number
11553521
Date Filed
October 27, 2006
Patent Primary Examiner
Patent abstract
Techniques are described for securitizing, administrating and trading various index shares securitized by derivative, cash-settled instruments on the underlying index. In some aspects, a tradable index share is backed by a fractional interest in a creation unit. The creation unit includes a derivative financial instrument and an amount of cash that secure the tradable index receipt.
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