Open end mutual fund securitization process

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7917422
APP PUB NO 20100114797A1
SERIAL NO

12651347

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A computer implemented system is provided for exchanging shares in an exchange traded product. A display is provided for displaying data representing shares of an exchange traded product comprising a leveraged portfolio of securities satisfying capitalization and performance criteria, the securities within the portfolio being weighted and having an expected future performance return greater than securities comprising a benchmark. The leveraged exchange traded product is configured for trading shares of the leveraged exchange traded product at a real time determined price related to the underlying price of each of the selected securities comprising the leveraged exchange traded product and related to the respective weightings of the selected securities. The exchange traded product can be open ended. An exchange computer is also provided for processing the exchange of the shares at a price related to the price of the securities within the leveraged portfolio, the exchange computer being configured to transmit data indicative of trades which occur intra-day over a communication network to an exchange clearing computer.

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Patent Owner(s)

Patent OwnerAddress
LEVERAGED INNOVATIONS LLC450 PARK AVENUE 7TH FLOOR NEW YORK NY 10022

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bander, Kevin S Chicago, US 12 1020
Kiron, Kenneth New York, US 12 1009

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