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US 2010/0169204 A1Published application
Retail derivative financial products
OwnerBradford Sippy, Paresh Patelinventors
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Abstract
The present invention describes the creation of derivative financial products such as options, futures, and other derivatives whereby the underlying asset of the derivative is based on a Third Party Data performance indicator, such as unit volume or market share, of one or more retail product(s). The invention further describes the creation of derivatives for retail products whereby non-investor consumers of retail products can participate in the market for said derivatives.
Claims6
A derivative financial product comprising:
- An underlying asset based on a Third-Party Data performance indicator of one or more Retail Product(s), an exercise price based on said underlying asset, a standard unit for said underlying asset, and a time of expiration for said combination of said underlying asset, said standard unit and said exercise price.
Dependencies are inferred from the claim text.