Investment transaction structure in which one party may substitute one investment for another

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7617139
APP PUB NO 20050234795A1
SERIAL NO

11087460

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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In one general aspect, the present invention is directed to methods that may comprise the step of a first party entering into at least one derivative contract with a second party. The derivative contract may provide the second party with a short position on a derivative portfolio including one or more securities. Also, the derivative contract may grant a transferable right to substitute individual securities included in the derivative portfolio. This right may be granted to either the first party or the second party, and the right to substitute may transfer between the first party and the second party under certain conditions. In various embodiments, however, only one of the first party and the second party may have the right to substitute at any one time.

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Patent Owner(s)

  • MORGAN STANLEY

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Hodes, Joel C New York , US 3 25
Roberts, John A Congers , US 14 447

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