System and method for trading a futures contract based on a financial instrument indexed to entertainment revenue

Abstract

A method for trading a securities bundle indexed to entertainment revenue includes identifying a securities bundle comprising a first and second security. The first security is associated with a first entertainment event and the second security is associated with a second entertainment event. The first security is offered in an after-market for a buying price and a market price is determined for the first security in the after-market.

1 . A method comprising:
 transmitting to a remote device a request to purchase a securities bundle in exchange for a right to a percentage of a revenue that is generated by an entertainment event at a future date, in which the securities bundle is indexed to a plurality of entertainment events;   transmitting to the remote device an indication of a desire to sell the right to the percentage of the revenue;   receiving, via a processor, an indication that a futures contract based on the right to the percentage of the revenue has been generated, in which the processor and the remote device are in communication over a network;   receiving, via the processor, an offer to purchase the futures contract at a purchase price;   transmitting to the remote device an acceptance of the offer; and   receiving, via the processor, an indication that the futures contract has been traded in an after-market at the purchase price.   
   
   
       2 . The method of  claim 1 , in which the after-market comprises:
 a futures exchange.   
   
   
       3 . The method of  claim 1 , in which the plurality of entertainment events are produced by an entertainment company within a timeframe. 
   
   
       4 . The method of  claim 1 , in which the timeframe comprises:
 an opening date; and   a closing date.   
   
   
       5 . The method of  claim 4 , in which the futures contract is offered after the closing date of the plurality of entertainment events. 
   
   
       6 . The method of  claim 1 , in which the percentage of the revenue is paid in accordance to a dividend schedule in which the dividend schedule is paid in accordance to:
 a first dividend date,   a second dividend date, and   a third dividend date.   
   
   
       7 . The method of  claim 6 , further comprising
 determining a dividend after the second dividend date.   
   
   
       8 . The method of  claim 7 , further comprising:
 determining a return value for the securities bundle;   determining a revenue that is generated for a period of time occurring between the first dividend date and the second dividend date; and   calculating the dividend by multiplying the revenue and the return value.   
   
   
       9 . The method of  claim 1 , in which the purchase price for the futures contract is based at least in part on a net profit of the entertainment industry. 
   
   
       10 . The method of  claim 1 , in which the purchase price for the futures contract is based at least in part on a value of the securities bundle at an expiration of the futures contract. 
   
   
       11 . The method of  claim 1 , in which one of the plurality of entertainment events comprises a movie, and
 the revenue that is generated by the entertainment event is based on a sale of domestic tickets of the movie.   
   
   
       12 . The method of  claim 1 , in which one of the plurality of entertainment events comprises a concert, and
 the revenue that is generated by the entertainment event is based on a sale of tickets of the concert.   
   
   
       13 . An apparatus comprising:
 a processor; and   a memory, in which the memory stores instructions which, when executed by the processor, direct the processor to perform the acts of:   transmitting to a remote device a request to purchase a securities bundle in exchange for a right to a percentage of a revenue that is generated by an entertainment event at a future date, in which the securities bundle is indexed to a plurality of entertainment events;   transmitting to the remote device an indication of a desire to sell the right to the percentage of the revenue;   receiving, via a processor, an indication that a futures contract based on the right to the percentage of the revenue has been generated, in which the processor and the remote device are in communication over a network;   receiving, via the processor, an offer to purchase the futures contract at a purchase price;   transmitting to the remote device an acceptance of the offer; and   receiving, via the processor, an indication that the futures contract has been traded in an after-market at the purchase price.   
   
   
       14 . The apparatus of  claim 13 , in which the after-market comprises:
 a futures exchange.   
   
   
       15 . The apparatus of  claim 13 , in which the plurality of entertainment events are produced by an entertainment company within a timeframe. 
   
   
       16 . The apparatus of  claim 13 , in which the timeframe comprises:
 an opening date; and   a closing date.   
   
   
       17 . The apparatus of  claim 16 , in which the futures contract is offered after the closing date of the plurality of entertainment events. 
   
   
       18 . The apparatus of  claim 13 , in which the percentage of the revenue is paid in accordance to a dividend schedule in which the dividend schedule is paid in accordance to:
 a first dividend date,   a second dividend date, and   a third dividend date.   
   
   
       19 . The apparatus of  claim 18 , in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the acts of:
 determining a dividend after the second dividend date.   
   
   
       20 . The apparatus of  claim 19 , in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the acts of:
 determining a return value for the securities bundle;   determining a revenue that is generated for a period of time occurring between the first dividend date and the second dividend date; and   calculating the dividend by multiplying the revenue and the return value.   
   
   
       21 . The apparatus of  claim 13 , in which the purchase price for the futures contract is based at least in part on a net profit of the entertainment industry. 
   
   
       22 . The apparatus of  claim 13 , in which the purchase price for the futures contract is based at least in part on a value of the securities bundle at an expiration of the futures contract. 
   
   
       23 . The apparatus of  claim 13 , in which one of the plurality of entertainment events comprises a movie, and
 the revenue that is generated by the entertainment event is based on a sale of domestic tickets of the movie.   
   
   
       24 . The apparatus of  claim 13 , in which one of the plurality of entertainment events comprises a concert, and
 the revenue that is generated by the entertainment event is based on a sale of tickets of the concert.   
   
   
       25 . An article of manufacture comprising:
 a storage medium, in which the storage medium stores instructions which, when executed by a processor, direct the processor to perform the acts of:   transmitting to a remote device a request to purchase a securities bundle in exchange for a right to a percentage of a revenue that is generated by an entertainment event at a future date, in which the securities bundle is indexed to a plurality of entertainment events;   transmitting to the remote device an indication of a desire to sell the right to the percentage of the revenue;   receiving, via a processor, an indication that a futures contract based on the right to the percentage of the revenue has been generated, in which the processor and the remote device are in communication over a network;   receiving, via the processor, an offer to purchase the futures contract at a purchase price;   transmitting to the remote device an acceptance of the offer; and   receiving, via the processor, an indication that the futures contract has been traded in an after-market at the purchase price.   
   
   
       26 . The article of manufacture of  claim 25 , in which the after-market comprises:
 a futures exchange.   
   
   
       27 . The article of manufacture of  claim 25 , in which the plurality of entertainment events are produced by an entertainment company within a timeframe. 
   
   
       28 . The article of manufacture of  claim 25 , in which the timeframe comprises:
 an opening date; and   a closing date.   
   
   
       29 . The article of manufacture of  claim 28 , in which the futures contract is offered after the closing date of the plurality of entertainment events. 
   
   
       30 . The article of manufacture of  claim 25 , in which the percentage of the revenue is paid in accordance to a dividend schedule in which the dividend schedule is paid in accordance to:
 a first dividend date,   a second dividend date, and   a third dividend date.   
   
   
       31 . The article of manufacture of  claim 30 , in which the storage medium further stores instructions which, when executed by the processor, direct the processor to perform the acts of:
 determining a dividend after the second dividend date.   
   
   
       32 . The article of manufacture of  claim 31 , in which the storage medium further stores instructions which, when executed by the processor, direct the processor to perform the acts of:
 determining a return value for the securities bundle;   determining a revenue that is generated for a period of time occurring between the first dividend date and the second dividend date; and   calculating the dividend by multiplying the revenue and the return value.   
   
   
       33 . The article of manufacture of  claim 25 , in which the purchase price for the futures contract is based at least in part on a net profit of the entertainment industry. 
   
   
       34 . The article of manufacture of  claim 25 , in which the purchase price for the futures contract is based at least in part on a value of the securities bundle at an expiration of the futures contract. 
   
   
       35 . The article of manufacture of  claim 25 , in which one of the plurality of entertainment events comprises a movie, and
 the revenue that is generated by the entertainment event is based on a sale of domestic tickets of the movie.   
   
   
       36 . The article of manufacture of  claim 25 , in which one of the plurality of entertainment events comprises a concert, and
 the revenue that is generated by the entertainment event is based on a sale of tickets of the concert.