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:
Dec. 06, 2011

Filed:

Sep. 21, 2005
Applicants:

Ronald Baldassini, Braintree, MA (US);

Paul M. Murphy, Boston, MA (US);

Kirk Cleathero, Norton, MA (US);

Ian Johnson, Westborough, MA (US);

Chip Russo, Northborough, MA (US);

Timothy Hanifin, Wayland, MA (US);

Gail Knudsen, Norwell, MA (US);

James Boucher, Stow, MA (US);

Inventors:

Ronald Baldassini, Braintree, MA (US);

Paul M. Murphy, Boston, MA (US);

Kirk Cleathero, Norton, MA (US);

Ian Johnson, Westborough, MA (US);

Chip Russo, Northborough, MA (US);

Timothy Hanifin, Wayland, MA (US);

Gail Knudsen, Norwell, MA (US);

James Boucher, Stow, MA (US);

Assignee:

FMR LLC, Boston, MA (US);

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

An accounting system allows posting transactions to a general ledger of an Exchange Traded Fund. The accounting system includes a computer-assisted process that nets subscription and redemption orders that occurred over a particular time (e.g., one day) and records a transfer of securities into or out of the fund based on the net of the subscription and redemption orders.


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