Method and system enabling the trading of a futures contract for the purchase of goods or services
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United States of America Patent
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N/A
Issued Date -
Sep 9, 2004
app pub date -
Mar 5, 2003
filing date -
Mar 5, 2003
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A method and system enabling the trading of a futures contract for the purchase of goods or services. The method includes and the system performs the steps of receiving an offer for a good(s) or service(s) and purchasing a re-sellable future for the good(s) or service(s). The re-sellable future is a contract to purchase a certain quantity of the good(s) or service(s) from a seller at a set price and at an expiration and the re-sellable future may be re-sold. The method may also include and the system may also perform the steps of offering a re-sellable future for a good(s) or service(s) and selling the re-sellable future for the good(s) or service(s).
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