Invention Grant
- Patent Title: Index participation notes securitized by futures contracts
- Patent Title (中): 期货合约证券化指数参考票据
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Application No.: US11553521Application Date: 2006-10-27
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Publication No.: US07792737B2Publication Date: 2010-09-07
- Inventor: Steven M. Bloom
- Applicant: Steven M. Bloom
- Applicant Address: US MD Rockville
- Assignee: The NASDAQ OMX Group, Inc.
- Current Assignee: The NASDAQ OMX Group, Inc.
- Current Assignee Address: US MD Rockville
- Agency: Fish & Richardson P.C.
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Techniques are described for securitizing, administrating and trading various index shares securitized by derivative, cash-settled instruments on the underlying index. In some aspects, a tradable index share is backed by a fractional interest in a creation unit. The creation unit includes a derivative financial instrument and an amount of cash that secure the tradable index receipt.
Public/Granted literature
- US20070250454A1 Index Participation Notes Securitized by Futures Contracts Public/Granted day:2007-10-25
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