Financial instrument
AssigneeSimodan Hitum Vehanpakot (1993) Ltd.
InventorRoy Meir
Life of this patent
Estimating the term…
Abstract
An improved financial instrument for the simultaneous issuing of an underlying financial asset such as a bond asset and an associated protective option both having a substantially long lifetime and an identical expiration date is disclosed. The financial asset and the associated protective option are offered as an integral financial package for a potential purchaser for purchase and optional trading on a financial market. The protective option part of the instrument provides hedging of the risk involved in the purchase of the package. A related computerized system and method, which provides integral financial package creation, package document output and package-specific option calculation through the acquisition of remote and local option-specific data and specific option pricing calculation modules, is also disclosed.
Claims27
Within a computer system having at least one storage device and at least one output device, an integrated financial instrument to be utilized as a capital raising and investment tool having a substantially long lifetime comprising:
- an underlying financial asset issued for trade on a financial market and offered for purchase to a potential purchaser;
- an associated protective option issued simultaneously with the underlying financial asset for trade on the financial market and offered for purchase to the potential purchaser of the underlying financial asset in order to hedge risk involved in the purchase of the underlying financial asset;
- where the underlying financial asset and the associated protective option are having a common expiration date;
- thereby providing to the issuer of the underlying financial asset and the associated protective option long-range financing sources with interest rates substantially lower than the standard interest rate on the financial market.
A computerized system for an integrated financial package application comprising:
- at least one client device having a display device, a communications device, an output device, an input device, a processor device, and a memory device to provide for the creation of an integrated financial package including a bond asset and a protective option, and to provide for option transaction-specific local and remote information to at least one end user;
- at least one server device to accept option transaction-specific requests for remote data submitted by the at least one end user of the at least one client device, to access the remote data and to transmit the remote data to the at least one end user of the at least one client device;
- and
- at least one quotation source to receive option transaction-specific information and transmit the information to the at least one server device in accordance with requests submitted by at least one end user of the at least one client device.
A method of an integrated financial package processing comprising the steps of:
- building at least one integrated financial package template;
- outputting at least one document representing the integrated financial package;
- performing at least one query concerning at least one integrated financial package.
Dependencies are inferred from the claim text.