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.
Patent No.:
Date of Patent:
Apr. 12, 2011
Filed:
Aug. 14, 2007
Paul Edward Kuhnle, Doylestown, PA (US);
George Tedesche Simon, Evanston, IL (US);
John Stuart Thomas, Morristown, NJ (US);
Mark Steven Criscitello, Colts Neck, NJ (US);
Daniel Joseph Mccabe, Upper Saddle River, NJ (US);
Paul Edward Kuhnle, Doylestown, PA (US);
George Tedesche Simon, Evanston, IL (US);
John Stuart Thomas, Morristown, NJ (US);
Mark Steven Criscitello, Colts Neck, NJ (US);
Daniel Joseph McCabe, Upper Saddle River, NJ (US);
Diz Ventures, Morristown, NJ (US);
Abstract
An ETF pricing mechanism for use in managed Exchange Traded Fund (ETF) or other collective investment vehicle (CIV) that retains the confidentiality of the vehicle's assets. The method of pricing may comprise: selecting a security price for each portfolio security, wherein each selected security price is associated with a time offset within a pricing interval, and wherein the time offsets are not identical for all of the selected security prices; generating a plurality of partial price components based on the selected security prices; determining a intra-day indicative value (IIV) of a CIV share in response to the plurality of partial price components; and, publishing the determined IIV.