Systems and methods for providing a futures contracts on options contracts exchange device
AssigneeBGC Partners, Inc.
InventorsPhilip Ginsberg, Timothy H. Heaton
Life of this patent
Estimating the term…
Abstract
Futures contracts on options contracts are provided in which the duty to purchase the right to purchase a commodity or security may be agreed upon by two or more parties. The futures contract segment of the exchange device is the duty to purchase the underlying options contract at a specific time. The options contract segment of the exchange device is the right to buy an underlying security or commodity. Margin schemes may be included in either segment of the exchange device or the exchange device as a whole.
Claims18
A method of providing a futures contract based on an options contract comprising:
- providing an options contract;
- creating a futures contract based on said options contract;
- and
- trading said futures contract based on said options contract.
A system operative to provide a futures contract based on an options contract comprising:
- a software options analysis module to process an options contract and provide options contract data;
- a software futures contract creation module to create a futures contract based on the options contract data;
- and
- a software futures contract trading module to facilitate trading of the futures contract.
Dependencies are inferred from the claim text.