Environmental offset trading platform and method
AssigneeThe Bank of New York Mellon
InventorHozaifa ARSIWALA
Life of this patent
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AssigneeThe Bank of New York Mellon
InventorHozaifa ARSIWALA
Estimating the term…
A method of accounting for environmental offset credits from multiple offset markets includes registering the offset credit; assigning a unique identifier; receiving notification of a pending trade between a buyer/seller of an offset in one of the multiple offset markets. If the seller has an amount of environmental offsets sufficient for the trade and the trade is consummated, buyer and seller accounts are adjusted with corresponding credits and debits. Otherwise, a notification of insufficient environmental offsets to carry out the trade is provided. In a further aspect, instead of receiving a notification of a pending trade, the trade may be executed. In another embodiment, a computer-implemented trading platform includes a processor; a memory with a structured database that stores information relating to two or more environmental offset credits established in the two or more different offset markets. A bid or ask quote for an environmental offset credit is received and a buyer is matched by the processor with a seller of based on the received bid or ask quote. If the seller has an amount of environmental offset credits sufficient for the trade, a trade of an environmental offset credit is executed between the buyer and the seller. Otherwise, a notification of insufficient environmental offset credits to carry out the trade is provided.
A method of accounting for environmental offset credits established in one or more offset markets, the method comprising:
A method of trading and accounting for environmental offset credits established in two or more different offset markets, the method comprising:
A computer-implemented platform useful in accounting for environmental offset credit trades made in two or more offset markets, the trading platform comprising:
A method of converting an environmental offset credit, the method comprising:
Dependencies are inferred from the claim text.