The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Jun. 01, 2010

Filed:

Jul. 02, 2007
Applicants:

Satyanarayan Reddy Chada, New York, NY (US);

Donald A. Maclean, Long Island City, NY (US);

Inventors:

Satyanarayan Reddy Chada, New York, NY (US);

Donald A. MacLean, Long Island City, NY (US);

Assignee:

Merrill Lynch Co., Inc., New York, NY (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2006.01);
U.S. Cl.
CPC ...
Abstract

A system comprises a memory operable to store market data. The system further comprises a processor communicatively coupled to the memory and operable to buy a plurality of index futures. The plurality of index futures are held as long positions in a trust, and a particular index future is publicly traded on a commodity exchange. The processor is further operable to issue a plurality of trust receipts associated with the trust, wherein the plurality of trust receipts are publicly traded on at least one security exchange. The processor is further operable to post a margin with a futures commission merchant (FCM), wherein the margin is based at least in part on the plurality of index futures and the FCM makes at least one interest payment associated with the plurality of index futures.


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Chada, Satyanarayan. (2010). System and method for providing a trust associated with long positions in index futures (U.S. Patent No. 7729973). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/7729973

Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile

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