Dollar Depository Receipts and Electronic Friends Trading and Repo Transactions

A method comprising:

• receiving, by at least one processor of at least one computer in electronic communication with a plurality of other computers via an electronic communications network, from a first computing device an instruction to create an account;
• receiving, by the at least one processor, from the first computing device a designation of a plurality of accountholders of the account;
• receiving, by the at least one processor, from the first computing device a designation of a subset of the plurality of accountholders authorized to withdraw funds out of the account;
• receiving, by the at least one processor, from the first computing device, authorization information about one or more accountholders authorized to trade assets in the account, the authorization information indicating that a user is authorized to trade assets in the account;
• receiving, by the at least one processor, from the first computing device a designation of rules specifying how accountholders may be added or removed from the account;
• causing, by the at least one processor, the account to be activated;
• after causing the account to be activated, receiving from each of a plurality of accountholders an instruction to transfer funds from the respective accountholder to the account;
• after causing the account to be activated, receiving, by the at least one processor, from a second computing device that is associated with the user, a request to trade an asset of the account;
• identifying, by the at least one processor, whether the request to trade an asset of the account includes data indicative of a request to sell a financial instrument in the account, a request to purchase a financial instrument for the account, or a request to exchange at least a portion of a financial instrument in the account for at least a portion of another financial instrument outside the account;
• determining, by the at least one processor, that the second computing device is authorized to request to trade an asset of the account based on the received authorization information;
• responsive to determining that the second computing device is authorized to request to trade an asset of the account based on the received authorization information, causing, by the at least one processor, the requested trade to occur;
• after causing the account to be activated, adding, by the at least one processor, a new accountholder to the account in accordance with the rules specifying how accountholders may be added or removed;
• receiving, by the at least one processor, a video tutorial about a financial concept from an accountholder of the account;
• causing, by the at least one processor, an indicia of the video to be displayed to a plurality of users;
• receiving, by the at least one processor, a selection of the indicia by a user;
• responsive to the selection, causing, by the at least one processor, the video to be displayed to the user;
• causing, by the at least one processor, a rating indicia associated with the video to be displayed to the user;
• receiving, by the at least one processor, a selection of the rating indicia;
• responsive to receiving a selection of the rating indicia, prompting, by the at least one processor, the user for rating information about the video;
• and
• receiving, by the at least one processor, rating information about the video.

An apparatus comprising:

• at least one processor of at least one computer in electronic communication with a plurality of other computers via an electronic communications network;
• and
• at least one memory having instructions stored thereon which, when executed, direct the at least one processor to:
• receive, from a first computing device, an instruction to create an account;
• receive, from the first computing device, a designation of a plurality of accountholders of the account;
• receive, from the first computing device, a designation of a subset of the plurality of accountholders authorized to withdraw funds out of the account;
• receive, from the first computing device, authorization information about one or more accountholders authorized to trade assets in the account, the authorization information indicating that a user is authorized to trade assets in the account;
• receive, from the first computing device, a designation of rules specifying how accountholders may be added or removed from the account;
• cause the account to be activated;
• after the account has been activated, receive from each of a plurality of accountholders an instruction to transfer funds from the respective accountholder to the account;
• after the account has been activated, receive from a second computing device a request to trade an asset of the account;
• identify whether the request to trade contains data indicative of a request to sell a financial instrument in the account, a request to purchase a financial instrument for the account, or a request to exchange at least a portion of a financial instrument in the account for at least a portion of another financial instrument outside the account;
• determine that a user associated with the second computing device is authorized to request to trade an asset of the account based on the received authorization information;
• responsive to determining that the user is authorized to request to trade an asset of the account based on the received authorization information, cause the requested trade to occur;
• after the account has been activated, add a new accountholder to the account in accordance with the rules specifying how accountholders may be added or removed;
• receive a video tutorial about a financial concept from an accountholder of the account;
• cause an indicia of the video to be displayed to a plurality of users;
• receive a selection of the indicia by a user;
• responsive to the selection, cause the video to be displayed to the user;
• cause a rating indicia associated with the video to be displayed to the user;
• receive a selection of the rating indicia;
• responsive to receiving a selection of the rating indicia, prompt the user for rating information about the video;
• and
• receive rating information about the video.

A non-transitory computer-readable medium having instructions stored thereon that are configured to cause at least one processor of at least one computer in electronic communication with a plurality of other computers via an electronic communications network to:

• receive, from at least one computing device, an instruction to create an account;
• receive, from a first computing device, a designation of a plurality of accountholders of the account;
• receive, from the first computing device, a designation of a subset of the plurality of accountholders authorized to withdraw funds out of the account;
• receive, from the first computing device, authorization information about one or more accountholders authorized to trade assets in the account, the authorization information indicating that a second user is authorized to trade assets in the account;
• receive, from the first computing device, a designation of rules specifying how accountholders may be added or removed from the account;
• cause the account to be activated;
• after the account has been activated, receive from each of a plurality of accountholders an instruction to transfer funds from the respective accountholder to the account;
• after causing the account to be activated, receive from a second computing device a request to trade an asset of the account
• identify whether the request includes data indicative of a request to sell a financial instrument in the account, a request to purchase a financial instrument for the account, or a request to exchange at least a portion of a financial instrument in the account for at least a portion of another financial instrument outside the account;
• determine that a user associated with the second computing device is authorized to request to trade an asset of the account based on the received authorization information;
• responsive to determining that the user is authorized to request to trade an asset of the account based on the received authorization information, cause the requested trade to occur;
• after causing the account to be activated, add a new accountholder to the account in accordance with the rules specifying how accountholders may be added or removed;
• receive a video tutorial about a financial concept from an accountholder of the account;
• cause an indicia of the video to be displayed to a plurality of users;
• receive a selection of the indicia by a user;
• responsive to the selection, cause the video to be displayed to the user;
• cause a rating indicia associated with the video to be displayed to the user;
• receive a selection of the rating indicia;
• responsive to receiving a selection of the rating indicia, prompt the user for rating information about the video;
• and
• receive rating information about the video.