Method And System For Generating An Index Of Securities

Abstract

A method for generating an index of securities includes selecting index constituents and weighing the selected index constituents by a measure (“an intangible asset measure”) of quality and/or value of the intangible assets of constituent entities. The index constituents can be selected from a set of potential constituents based on an intangible asset measure of each constituent in the set, and the selected index constituents may then be weighted by a desired measure or methodology or weighted equally, or by an intangible asset measure. Another method for generating an index of securities includes combining groups of constituents, which are selected based on an intangible asset measure, to be index constituents and weighing the index constituents by a desired measure or methodology. The groups of constituents may be stocks of existing indices having assigned weights in the existing indices based on intangible asset measures of the stocks. These assigned weights of the stocks may be used in a calculation of the weights of the index constituents which correspond to these stocks.

1 - 50 . (canceled) 
     
     
         51 . A method for generating an index of securities through a computer system, comprising the steps of:
 selecting a group of index constituents from a set of potential constituents by instructions stored in the computer to determine a selected group of index constituents;   weighing the selected group of index constituents based on an intangible asset measure of each potential constituent in the set executed by instructions stored in the computer to determine the index; and   displaying the index on a display unit.   
     
     
         52 . The method of  claim 51 , wherein each potential constituent in the set is weighted equally. 
     
     
         53 . The method of  claim 51 , wherein the selected group of index constituents are stocks. 
     
     
         54 . The method if  claim 53 , wherein the set of potential constituents are chosen from an existing set of constituents of an existing index. 
     
     
         55 . The method of  claim 53 , wherein said selecting step is based on at least one measure of liquidity. 
     
     
         56 . The method of  claim 51 , wherein said selecting step further comprises the step of:
 eliminating from the set of potential constituents a group of companies that do not own one or more intellectual properties executed by instructions stored in the computer, wherein the one or more intellectual properties are selected from the group consisting of patents, trademarks, copyrights and trade secrets.   
     
     
         57 . The method of  claim 51 , wherein said selecting step further comprises the steps of:
 ranking each potential constituent in the set of potential constituents by size from largest market capitalization to smallest market capitalization executed by instructions stored in the computer to determine ranked positions;   ordering each potential constituent in the set of potential constituents by style from lowest price-to-book to highest price-to-book executed by instructions stored in the computer to determine ordered positions; and   dividing each potential constituent of the set among boxes of a grid according to the ranked positions and the ordered positions executed by instructions stored in the computer.   
     
     
         58 . The method of  claim 57 , wherein the said selecting step further comprises the steps of:
 categorizing each potential constituent of the set by a ratio of the intangible asset measure to a tangible asset measure of each potential constituent executed by instructions stored in the computer, wherein the ratio is arranged from a highest ratio to a lowest ratio to produce an intangible asset ranking;   picking one or more constituents in each box of the grid to be the group of index constituents executed by instructions stored in the computer.   
     
     
         59 . The method of  claim 51 , wherein the intangible asset measure is a combined trademark rating measure and copyright rating measure. 
     
     
         60 . The method of  claim 51 , wherein the intangible asset measure is a trademark rating measure. 
     
     
         61 . The method of  claim 51 , wherein the intangible asset measure is a patent rating measure. 
     
     
         62 . The method of  claim 61 , wherein the patent rating measure is a measure of patent maintenance value. 
     
     
         63 . The method of  claim 51 , wherein the intangible asset measure is a trade secret rating measure. 
     
     
         64 . The method of  claim 51 , wherein the intangible asset measure is an intellectual capital rating measure. 
     
     
         65 . The method of  claim 51 , wherein the selected group of index constituents is weighted by market capitalization. 
     
     
         66 . The method of  claim 51 , wherein said selecting step further comprises the steps of:
 categorizing each potential constituent of the set by a ratio of the intangible asset measure to a tangible asset measure of each potential constituent executed by instructions stored in the computer, wherein the ratio is arranged from a highest ratio to a lowest ratio to produce an intangible asset ranking;   picking one or more constituents to be the group of index constituents based on the intangible asset ranking executed by instructions stored in the computer.   
     
     
         67 . A computer system method for generating an index of securities, comprising the steps of:
 selecting a first group of constituents from a first set of potential constituents based on an intangible asset measure of each potential constituent in the first set using a processing device of the computer system;   choosing a second group of constituents from a second set of potential constituents based on an intangible asset measure of each potential constituent in the second set using a processing device of the computer system;   combining the first group of constituents and the second group of constituents to formulate a group of index constituents; and   assigning a weight to each index constituent of the group using a processing device of the computer system to determine one or more weighted index constituents; and   displaying the one or more weighted index constituents on a display unit.   
     
     
         68 . The method of  claim 67 , further comprising the step of:
 picking a third group of constituents from a third set of potential constituents based on an intangible asset measure of each potential constituent in the third set, wherein said combining step further includes the third group of constituents to formulate the group of index constituents.   
     
     
         69 . The method of  claim 67 , wherein the group of index constituents is assigned a weight using a tangible asset measure, and said tangible asset measure is market capitalization. 
     
     
         70 . The method of  claim 67 , wherein the first group of constituents has been selected from the first set of potential constituents based on a trademark rating measure of each potential constituent in the first set, and the second group of constituents has been selected from the second set of potential constituents based on a patent rating measure of each potential constituent in the second set. 
     
     
         71 . A computer system method for issuing a contract for an intangible asset index, comprising the steps of:
 selecting index constituents from a set of potential constituents by instructions stored in at least one processing device to determine a selected group of index constituents;   weighing the selected index constituents based on an intangible asset measure of each potential constituent in the set executed by instructions stored in at least one processing device to formulate weighted values of the selected index constituents;   determining the intangible asset index executed by instructions stored in at least one processing device;   issuing by the at least one processing device the contract based on the intangible asset index, wherein the value of the contract is based on the weighted values of the selected index constituents; and   displaying the contract on a display unit.   
     
     
         72 . A system, comprising:
 a computer-readable storage medium that stores instructions executable by at least one processing device, wherein the storage medium includes,
 instructions for selecting a group of index constituents from a set of potential constituents to determine a selected group of index constituents; 
 instructions for weighing the selected group of index constituents based on an intangible asset measure of each selected constituent in the set to determine the index; and 
 a display unit adapted to display the index from the processing device after the processing device has executed at least one of the instructions.